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

casualty insurance

noun

an agreement to indemnify (=to protect another party against possible damage or loss by paying an indemnity to cover the costs) against loss resulting from a broad group of causes, including legal liability, theft, accident and workers' compensationMr Spitzer said that the promise to adopt new businesses practices would improve the US market for property and casualty insurance.