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The RPLU community, including current candidates, past designees, and other industry professionals has a LinkedIn discussion group to share ideas, thoughts, and news on the professional liability marketplace. There are currently over 1,500 members of the group.
UL headquarters in Northbrook, Illinois. Underwriters Laboratories Inc. was founded in 1894 by William Henry Merrill.After graduating from the Massachusetts Institute of Technology (MIT) with a degree in electrical engineering in 1889, Merrill went to work as an electrical inspector for the Boston Board of Fire Underwriters. [9]
PLUS is recognized in the industry as the primary source of professional liability educational programs and seminars. The Society's comprehensive educational approach includes an annual International Conference, annual symposia, the RPLU designation program, and educational events organized by regional chapters of PLUS, all of which provide educational and networking opportunities.
Founded in 1948, [26] Arkansas Blue Cross Blue Shield (ABCBS) [27] is an independent licensee of the Blue Cross Blue Shield Association, and the largest healthcare provider in the state. [28] It donated $1.98 million to The Walton College of Business toward founding its Robert L. Shoptaw Master of Healthcare Business Analytics Program. [ 29 ]
Aon's New York offices were on the 92nd and 98th–105th floors of the South Tower of the World Trade Center at the time of the September 11 attacks.When the North Tower was struck by American Airlines Flight 11 at 8:46 a.m., an evacuation of Aon's offices was quickly initiated by executive Eric Eisenberg, and 924 of the estimated 1,100 Aon employees present at the time managed to get below ...
The term "underwriting" derives from the Lloyd's of London insurance market. Financial backers (or risk takers), who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
There are no statistics regarding quantity of future losses and probability. This means an underwriter rates each exposure individually. The second rate making method is class rating, or manual rating. This rating means that exposures with similar characteristics are placed in the same underwriting class, and each is charged the same rate. The ...
Credit is what the underwriter uses to review how well a borrower manages his or her current and prior debts. Usually documented by a credit report from each of the three credit bureaus, Equifax, Transunion and Experian, the credit report provides information such as credit scores, the borrower's current and past information about credit cards, loans, collections, repossession and foreclosures ...
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