Claims Reserve: Definition in Insurance, Purpose, and Example
What Is a Claims Reserve? A claims reserve is a reserve of money that is set aside by an insurance company in […]
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Is It Legal to Invest My Student Loan Money?
Students who find themselves with excess money during college may choose to invest their student loan funds rather than use them to
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Understanding Attorney-in-Fact: Types, Powers, and Responsibilities
What Is an Attorney-in-Fact? An attorney-in-fact, also known as an agent, is empowered through a legal document called a power
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Compensatory Damages: Definition, Types, and Examples
What Are Compensatory Damages? Compensatory damages are money awarded to an injured party that compensates for damages, injury, or another
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How Getting Your Real Estate License
Getting into real estate means earning your license and working either for a real estate brokerage firm or hanging out
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What Is Inland Marine Insurance?
Inland marine insurance protects your business from loss or damage to equipment, machinery, products, or other property transported over land.
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