Glossary – B

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

B

backdated liability insurance

back pay

back-to-back deductible

bad faith

bailee

bailee coverage

balance

balance billing

bancassurance

bank

bank assurance

bankers professional liability (BPL) insurance (BPLI)

bankruptcy condition

bareboat charter

bare walls coverage

barratry

Basel Committee on Banking Supervision

base premium

basic causes of loss form (ISO)

basic extended reporting period (BERP)

basic limits

basic premium

basic premium factor

basic rate

basis point(s)

basis risk

basket aggregate

basket deductible

basket retention

batch clause

beauty contest

below-target-risk (BTR)

BEN

benchmarking

bench-scale tests

bench trial

beneficiary

benefits

benefits payable exclusion

best available control measures (BACM)

best demonstrated available technology (BDAT)

Best’s Capital Adequacy Ratio (BCAR)

Best's rating

betterment clause

bid bond

bid deducts

bifurcation

bikini deductible

bilateral extended reporting period provision

bill of lading

binder

bingo card program

bingo stamp

biological magnification

biomechanical analysis

bioremediation

Bipartisan Campaign Reform Act of 2002

Black Lung Benefits Act of 1973

blackmail settlement clause

blackout period

blanket additional insured endorsement

blanket contractual liability insurance

blanket fidelity bond

blanket group boiler and machinery coverage

blanket limit

blanket medical expense

blanket policy

blanket position bond

blended finite risk

blended risk

blowout and cratering

blowout prevention warranty

Blue Book

blue plan

board committees

boards and bureaus

boatowners policy

bobtail

bobtail liability

bodily injury (BI)

bodily injury by accident limit (workers compensation)

bodily injury by disease, each employee (workers compensation)

bodily injury by disease—policy limit (workers compensation)

boiler and machinery (BM) insurance

boilerplate

bond

bonding

book value

boom coverage

bordereau

borderline risk

Bornhuetter-Ferguson technique

borrowed servant rule

boutique law firm

branch profits tax

brand equity

brand rehabilitation

brands and labels endorsement

breach

breach of contract

breach of warranty clause

break point

British business interruption coverage

broadcasters liability

broad causes of loss form (ISO)

broad evidence rule

broad form comprehensive general liability (BFCGL) endorsement

broad form contractual liability insurance

broad form drive other car coverage

broad form hold harmless clause

broad form named insured endorsement

broad form pollution exclusion

broad form property damage (BFPD)

broker

brokerage department

brokerage market

brother-sister relationship

brownfield

Brownian motion

browse-wrap agreement

buffer layer

builders risk policy

building and personal property coverage form (ISO)

building codes effectiveness grading schedule (BCEGS)

building information modeling (BIM)

building ordinance coverage

building rate

bulk reserves

bullying

bumbershoot

burden of proof

burglary

burning cost

business auto policy (BAP)

business continuity management (BCM)

business continuity plan (BCP)

business income coverage

business income worksheet

business interruption coverage

business interruption worksheet

business judgment rule

business legal expense insurance

businessowners policy (BOP)

business risk

business use class

"but for" cause

but for evidentiary standard (in employment discrimination cases)

"but for" test

buyback deductible

buyers' market

buyout settlement clause

buy/sell agreement

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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