View a map showing the boundaries of the Walterboro Historic District. View the complete text of the nomination form for this National Register Property. View the complete text of the nomination form for the boundary increase of this National Register Property.
Loss Triangle as described by HB Actuarial Services, Inc. Complex Calculations Made Easy to Understand. A loss triangle is the primary method in which actuaries organize claim data that will be used in an actuarial analysis. The reason it is called a loss triangle is that a typical submission of claim data from a client company shows numeric values forming a triangle when viewed. The easiest loss triangle to explain is the accident year paid loss triangle. This loss triangle totals paid loss data in each of two categories. The first is accident year. Simply put, all paid losses from all claims occurring in the accident year are totaled.
A causes of loss form is combined with one or more coverage forms, the commercial property conditions form, the common policy conditions form, and the declarations to make up an ISO commercial property policy. There are three causes of loss forms: the basic, broad, and special causes of loss forms. The basic and broad causes of loss forms are named perils forms; they provide coverage for loss from only the particular causes that are listed in the policy as covered. The special causes of loss form is an all risks form; it provides coverage for loss from any cause except those that are specifically excluded. See also All risks coverage; Basic causes of loss; Broad causes of loss; Declarations; Insurance Services Office, Inc.; Named Perils coverage; Special causes of loss.