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  2. ACORD - Wikipedia

    en.wikipedia.org/wiki/ACORD

    Originally named Agent Company Operations Research and Development (ACORD), the organization's initial goal was to standardize the many proprietary forms being used by carriers for new business and claims submission. [2] In the late 1970s, ACORD began developing electronic standards to complement its form standards.

  3. Accord and satisfaction - Wikipedia

    en.wikipedia.org/wiki/Accord_and_satisfaction

    Accord and satisfaction is a settlement of an unliquidated debt. For example, a builder is contracted to build a homeowner a garage for $35,000. The contract called for $17,500 prior to starting construction, to disburse $10,000 during various stages of construction, and to make a final payment of $7,500 at completion.

  4. Insurance - Wikipedia

    en.wikipedia.org/wiki/Insurance

    The insurer may require that the claim be filed on its own proprietary forms, or may accept claims on a standard industry form, such as those produced by ACORD. Insurance company claims departments employ a large number of claims adjusters, supported by a staff of records management and data entry clerks. Incoming claims are classified based on ...

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  6. Climate change rocks property insurance premiums - AOL

    www.aol.com/climate-change-rocks-property...

    For premium support please call: 800-290-4726 more ways to reach us

  7. Assignment (law) - Wikipedia

    en.wikipedia.org/wiki/Assignment_(law)

    An assignment does not necessarily have to be made in writing; however, the assignment agreement must show an intent to transfer rights. The effect of a valid assignment is to extinguish privity (in other words, contractual relationship, including right to sue) between the assignor and the third-party obligor and create privity between the obligor and the assignee. [1]

  8. Contract - Wikipedia

    en.wikipedia.org/wiki/Contract

    Neither is available as of right and in most jurisdictions and most circumstances a court will not normally order specific performance. A contract for the sale of real property is a notable exception. In most jurisdictions, the sale of real property is enforceable by specific performance.

  9. Consumer protection agency closes the Biden era taking big ...

    www.aol.com/finance/consumer-protection-agency...

    It claims the retailer required gig workers who took part in its Spark Drivers program, which handles last-mile deliveries, to agree to be paid via accounts managed by Branch Messenger. The suit ...