Elementary algebra is the branch of math that substitutes letters for unknown numbers in an equation and manipulates them to determine a solution. Elementary algebra is the branch of math that substitutes letters for unknown numbers in an equation and manipulates them to determine a solution. Algebra: Using Mathematical Symbols Search the site GO
Tail coverage is a critical aspect of malpractice insurance. It affects a physician's ability to pay for lawsuits after he leaves his practice and can sometimes even force a physician to remain in practice against his will, due to the prohibitive cost.
DEFINITION of 'Long-Tail Liability'. Liabilities for claims that have long settlement periods. Long-tail liabilities are likely to result in high incurred but not reported (IBNR) claims because it may take a long period of time for the claims to be settled. Next Up.