AUTOSHIP

When a shipment is made regularly with an automated payment. It helps with commission.

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AUTRE

L. Fr. Another.

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AUTONOMIC LAW

A rule that it held by a private entity. It could be a corporation or a university.

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AUTOMOBILE

A vehicle with four wheels and an engine. They move people and cargo around. Gasoline is the fuel for this transportation method. Some have electric or water run engines as well.

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AUTOMOBILE EMISSIONS

The exhaust from engines that has carbon dioxide, cabon monoxide, lead, nitrogen oxide, hydrocarbons, and water. These pollutants are reduced by using unleaded fuel and catalytic converters.

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AUTOMATIC NON-PROPORTIONAL REINSURANCE

Automatic REINSURANCE coverage for an INSURER that becomes effective once a defined loss limit is exceeded, often implemented through a STOP LOSS AGREEMENT or a CATASTROPHE PER OCCURRENCE EXCESS OF LOSS contract. See also AUTOMATIC PROPORTIONAL REINSURANCE.AUTOMATIC PROPORTIONAL REINSURANCE Automatic REINSURANCE coverage for an INSURER that becomes effective oncea defined loss limit is exceeded, generally implemented through asharing agreement such as a SURPLUS SHARE or QUOTA SHARE. See also AUTOMATIC NONPROPORTIONAL REINSURANCE.

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AUTOMOBILE INSURANCE

A policy that covers autombiles from bodily harm, death, collision, non collision damages, medical costs due to injury, a rental car reimbursement, towing, labor. Any or all of the factors can be covered. It applies to underinsured vehicles too.

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