An important type of casualty insurance for businesses is workers' compensation insurance, which protects a company from liabilities that arise when a worker is injured on the job. For homeowners or car owners, it's important to have casualty insurance as damage can end up being a large expense.
Investment dictionary. Academic. 2012.
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Casualty insurance — Casualty insurance, often equated to liability insurance, is used to describe an area of insurance not directly concerned with life insurance, health insurance, or property insurance. It is mainly used to describe the liability coverage of an… … Wikipedia
casualty insurance — Insurance protecting a firm or homeowner against loss of property, damage, and other liabilities ( liability). Bloomberg Financial Dictionary * * * casualty insurance casualty insurance ➔ insurance * * * casualty insurance UK US noun [U] ►… … Financial and business terms
casualty insurance — insurance providing coverage against accident and property damages, as automobile, theft, liability, and explosion insurance, but not including life insurance, fire insurance, or marine insurance. [1900 05] * * * Provision against loss to persons … Universalium
casualty insurance — Literally, this term is inclusive of insurance of all kinds except life insurance. In the insurance business, however, it has been a trade term applied with considerable variation as between insurance companies, often as a catch all for new types … Ballentine's law dictionary
casualty insurance — noun : insurance against loss from accident (as automobile, burglary, liability, accident and health, and workmen s compensation insurance and corporate suretyship) consisting in the United States of all forms of insurance written commercially… … Useful english dictionary
General Casualty Insurance — Infobox Company company name = General Casualty Insurance company company type = company slogan = unknown foundation = 1925 location = Sun Prairie, Wisconsin key people = Peter Christen, President and Chief Executive Officer industry = insurance… … Wikipedia
Life and Casualty Insurance Company of Tennessee — The Life and Casualty Insurance Company of Tennessee was a life insurance company based in Nashville, Tennessee, founded in 1903 by A. M. Burton, great grandfather of singer Amy Grant.Burton was a regional manager for the Western and Southern… … Wikipedia
casualty — ca·su·al·ty / ka zhəl tē, ka zhə wəl / n pl ties 1: an unfortunate occurrence; esp: a serious and often disastrous accident conversion of property...arising from fire, storm, shipwreck, or other casualty Internal Revenue Code 2: something lost,… … Law dictionary
insurance — in·sur·ance /in shu̇r əns, in ˌshu̇r / n 1: the action, process, or means of insuring or the state of being insured usu. against loss or damage by a contingent event (as death, fire, accident, or sickness) 2 a: the business of insuring persons or … Law dictionary
Casualty — may refer to:*Casualty (person), a person who is killed or injured in a war or disaster * The emergency department of a hospital, also known as a casualty department (chiefly British) *Casualty (TV series), the world s longest running emergency… … Wikipedia