Search results
Results from the WOW.Com Content Network
Members of MPS can benefit from access to indemnity, expert advice and peace of mind. [citation needed] Advisers are on hand to talk through a question or concern. MPS' in-house experts assist with the wide range of legal and ethical problems that arise from professional practice. This includes clinical negligence claims, complaints, medical ...
An increased limit factor (ILF) at limit L relative to basic limit B can be defined as = + + + + + + ()where ALAE is the allocated loss adjustment expense provision, ULAE is the unallocated loss adjustment expense provision, and RL is the risk load provision.
In contract law, an indemnity is a contractual obligation of one party (the indemnitor) to compensate the loss incurred by another party (the indemnitee) due to the relevant acts of the indemnitor or any other party. The duty to indemnify is usually, but not always, coextensive with the contractual duty to "hold harmless" or "save harmless".
Futures contracts and cost basis. Calculating the cost basis for futures contracts involves assessing the difference between a commodity’s local spot price and its associated futures price. For ...
As a whole, an award for costs on the Indemnity Basis is much more favourable to the receiving party than an award of the Standard Basis. For example, in the case of Patrick Wang Ho Yin, Mr. Wang was ordered to pay $375,000 for a half-day hearing after the Court has found it reasonable to impose liability on an indemnity basis. In this case ...
Directors and officers liability insurance (also written directors' and officers' liability insurance; [1] often called D&O) is liability insurance payable to the directors and officers of a company, or to the organization itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for ...
7. Cost or other basis* $10,000 8. Business/investment use: 100% 9. Multiply line 7 by line 8: $10,000 10. Total claimed for section 179 deduction and other items-0- 11. Subtract line 10 from line 9. This is your tentative basis for depreciation: $10,000 12. Multiply line 11 by .50 if the 50% special depreciation allowance applies.
NEW YORK (Reuters) -Investors are bracing for a looming hit to U.S. corporate profits and pressure on inflation if President Donald Trump makes good on his tariff threats, with markets seen as not ...