Peter Pan serves over 100 communities throughout the northeast corridor, with daily express service including Boston, New York, Philadelphia, Baltimore and Washington, DC. The company transports over three million passengers a year and its fleet of more than 300 buses travels over 25 million miles annually.
Definition of EXCESS OF LOSS (XOL) AGREEMENT: A REINSURANCE arrangement where a REINSURER assumes RISKS and returns in specific horizontal or vertical layers; depending on the magnitude of losses and t
Designation. The loss payee will be named as such on the insurance policy taken out by the borrower or debtor. A loss payee will have certain rights pertaining to the insurance policy.nsurance Claim Checks. A check for an insurance claim can be payable to the lienholder or loss payee along with the debtor. Both must endorse the check, which is then presented to the shop or contractor handling the repairs on the collateral.