Expected Loss Rate

When computing workers compensation experience modifications, the factor taken from actuarial tables used to calculate total expected losses for the specific classification given the audited exposures.

Read Full Glossary Term >>


An accounting concept; expense (short-term) or capitalizing (long-term) of intermediate term costs (development costs); writing off the value of an intangible asset over its useful life; the periodic reduction in a long-term debt. Also, used to describe the periodic reduction...

Read Full Glossary Term >>

Risk Control

Any conscious action or inaction to minimize at the optimal cost, the probability, frequency, severity, or unpredictability of loss; a step of the Risk Management Process.

Read Full Glossary Term >>

Risky Quizness

Awkward Insurance Podcast Series

Nat Alliance NOW! Podcast Series


Bridging Tradition with Modern Expertise

Tune in for an inspiring conversation on bridging tradition with modern expertise in insurance. In this episode of Nat Alliance Now, host Paul Martin, CPCU chats with Michelle

Listen »

Risk & Reward Podcast Series

Articles & Press Releases

Support Education Innovation

Do you need an answer immediately?

Check out our FAQ page!

Approved for 1 Hour of State Reported CE Credit in AR, AZ, CA, DE, CO, FL, GA, IA, IL, IN, KS, KY, LA MA, MD, MI, MO, MN, NC, NE, NJ, NY, OH, OK, OR, PA, PR, SC, TN, TX, UT, WA and WI