insuranceandme.blogspot.com
Insurance: Principles of insurance
http://insuranceandme.blogspot.com/2009/01/principles-of-insurance.html
Commercially insurable risks typically share seven common characteristics. A large number of homogeneous exposure units. The vast majority of insurance policies are provided for individual members of very large classes. Automobile insurance, for example, covered about 175 million automobiles in the United States in 2004. Limited risk of catastrophically large losses. The insurance industry and rent seeking. Is proudly powered by Blogger. Design of Design Disease. To blogger by Blog and Web.
insuranceandme.blogspot.com
Insurance: Indemnification
http://insuranceandme.blogspot.com/2009/01/indemnification.html
The technical definition of "indemnity" means to make whole again. There are two types of insurance contracts;. An "indemnity" policy and. A "pay on behalf" or "on behalf of". The difference is significant on paper, but rarely material in practice. Under the same situation, a "pay on behalf" policy, the insurance carrier would pay the claim and the insured (the homeowner) would not be out of pocket for anything. Most modern liability insurance is written on the basis of "pay on behalf" language.
insuranceandme.blogspot.com
Insurance: Global insurance industry
http://insuranceandme.blogspot.com/2009/01/global-insurance-industry.html
The insurance industry and rent seeking. Is proudly powered by Blogger. Design of Design Disease. To blogger by Blog and Web.
insuranceandme.blogspot.com
Insurance: The insurance industry and rent seeking
http://insuranceandme.blogspot.com/2009/01/criticism-of-insurance-companies.html
The insurance industry and rent seeking. The insurance industry and rent seeking. While the proceeds themselves are immune from the estate tax. Criticism of insurance companies. Insurance policies contain too many exclusion clauses. For example, some house insurance policies do not cover damage to garden walls. They also risk greater financial loss due to inadequate coverage protection. Those companies who invest in educated insurance agents. Provide a valued service to the community. Policyholders w...
insuranceandme.blogspot.com
Insurance: Insurers' business model
http://insuranceandme.blogspot.com/2009/01/insurers-business-model.html
The business model can be reduced to a simple equation: Profit = earned premium investment income - incurred loss - underwriting expenses. Insurers make money in two ways: (1) through underwriting, the process by which insurers select the risks to insure and decide how much in premiums to charge for accepting those risks and (2) by investing. The premiums they collect from insured parties. An insurer's underwriting performance is measured in its combined ratio. The loss ratio (incurred losses and los...
fighter-f18.blogspot.com
F/A-18 Hornet: Development
http://fighter-f18.blogspot.com/2009/01/development.html
Was navalized and developed into the F/A-18. In August 1973, Congress mandated that the Navy pursue a lower-cost alternative to the F-14. Grumman proposed a stripped F-14 designated the F-14X, while McDonnell Douglas proposed a navalized F-15, but both were nearly as expensive as the F-14. That summer, Secretary of Defense. Is proudly powered by Blogger. Design of Design Disease. To blogger by Blog and Web.
fighter-f18.blogspot.com
F/A-18 Hornet: F/A-18 Service
http://fighter-f18.blogspot.com/2009/01/operational-history-united-states-entry.html
F/A 18 Hornets on the flight deck. Harry S. Truman. McDonnell Douglas rolled out the first F/A-18A on 13 September 1978,. In blue-on-white colors marked with "Navy" on the left and "Marines" on the right. Its first flight was on 18 November. In a break with tradition, the Navy pioneered the "principal site concept". With the F/A-18, where almost all testing was done at NAS Pax River. In March 1979, Lt Cdr John Padgett became the first Navy pilot to fly the F/A-18. An F/A-18 taking off from USS Kitty Hawk.
fighter-f18.blogspot.com
F/A-18 Hornet: Northrop's F-18L
http://fighter-f18.blogspot.com/2009/01/northrops-f-18l.html
Northrop developed the F-18L as a potential export aircraft. Since it did not have to be strengthened for carrier service, it was expected to be lighter and better performing. Is proudly powered by Blogger. Design of Design Disease. To blogger by Blog and Web.
sukhoi-fighter.blogspot.com
Sukhoi Fighter: Sukhoi Su-33
http://sukhoi-fighter.blogspot.com/2009/01/sukhoi-su-33.html
An Su-33 on board Admiral Kuznetsov. NATO reporting name ‘Flanker-D’) is a carrier-based multi-role fighter aircraft produced by Russian firm Sukhoi beginning in 1982. It is a derivative of the Su-27 ‘Flanker’ and was initially known as the Su-27K. The main differences from the Su-27 are that the Su-33 can operate from aircraft carriers and is capable of aerial refueling. During testing, each pilot made 400 landings on a concrete runway matching the size, and shape of the carrier deck (the NITKA. The Su-...
