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An agent of record (AOR) is an individual or legal entity with a duly executed contractual agreement with an insurance policy owner in line with the prevailing legal norms and regulations of the region in which the contract was entered. The agent of record has a legal right to receive commissions from the respective insurance policy.
The Lloyd's of London insurance market uses ACORD standards for messaging between counterparties. [6] Lloyd's Core Data Record, an attempt to standardized data exchange, is based on ACORD standards. [7] In 2018, ACORD partnered with DataPro on the production of new software that would streamline the implementation of insurance data standards.
Accord and satisfaction is a contract law concept about the purchase of the release from a debt obligation. It is one of the methods by which parties to a contract may terminate their agreement.
The name is literally imprinted on Baltimore. A plaque at the entrance to the Family Center at the Greater Baltimore Medical Center reads: "Donated by Nicholas and Mary Mangione."
A former TD Bank employee based in Florida was arrested and charged with facilitating money laundering to Colombia, New Jersey's attorney general said on Wednesday, in the first such arrest since ...
A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
One of the busiest travel days of the year got off to a rough start due to a "technical issue" that disrupted American Airlines flights across the U.S.
The government of Maryland is conducted according to the Maryland Constitution. The United States is a federation ; consequently, the government of Maryland , like the other 49 state governments , has exclusive authority over matters that lie entirely within the state's borders, except as limited by the Constitution of the United States .