List of Insurance Acronyms and Its Abbreviations for UIIC & OICL Exams 2017- Download in PDF

List of Insurance Acronyms and Its Abbreviations for UIIC & OICL Exams 2017- Download in PDF:
Dear Readers, here we have given the List of Important Insurance Acronyms and its Abbreviations in PDF for Upcoming Insurance Exams 2017. Candidates can also download this material and can use it for your preparation.
  • ACSR – Accredited Customer Service Representative
  • ARM – Associate in Risk Management
  • ARM-P – Associate in Risk Management for Public Entities
  • ASOP – Actuarial Statement of Practice
  • BAP – Business Auto Policy
  • BCBSA – Blue Cross and Blue Shield Association
  • BI – Bodily Injury
  • BOP – Business Owners Policy
  • CFROI – Cash Flow Return On Investments
  • CRIS – Construction Risk and Insurance Specialist
  • CIC – Certified Insurance Counselor
  • CISR – Certified Insurance Service Representative
  • CPCU – Chartered Property Casualty Underwriter
  • CPIW / CPIM – Certified Professional Insurance Woman / Man
  • CCC – Care, Custody, Or Control (Exclusion)
  • COBRA – Consolidated Omnibus Budget Reconciliation Act
  • D&B – Dun & Bradstreet
  • DEC – Declarations Page
  • DED – Deductible
  • DI – Disability Income
  • DIC – Difference-In-Conditions (Insurance)
  • DIL – Difference-In-Limits (Clause)
  • D&O – Directors And Officers (Liability Insurance)
  • DSU – Delay In Start-Up Insurance
  • DOB – Date Of Birth
  • DOC – Drive Other Car Coverage
  • DOD – Date Of Death
  • EAP – Estimated Annual Premium
  • EBIDDA – Earnings Before Interest, Dividends, Depreciation, And Amortization
  • EH&S – Environmental Health And Safety
  • EP – Earned Premium
  • EPA – Environmental Protection Agency
  • EPD – Expected Policyholder Deficit
  • EPL – Employment Practices Liability
  • EPLI – Employment Practices Liability Insurance
  • ETB – Engaged In Trade Or Business
  • FAIR – Fair Access to Insurance Requirements
  • FALU – Fellow of the Academy of Life Underwriting
  • FCAS – Fellow of the Casualty Actuarial Society
  • FAP – Family Automobile Policy (More Commonly Pap)
  • FCPL – Farmers Comprehensive Personal Liability
  • FCRA – Fair Credit Reporting Act
  • FIRM – Flood Insurance Rate Map
  • FIRREA – Financial Institutions Reform Recovery and Enforcement Act
  • FMV – Air Market Value
  • FTCAC – Fire, Theft, And Combined Additional Coverage
  • FVD – Full Value Declared
  • GAP – Guaranteed Auto Protection
  • GCD – Guaranteed Cost Discount
  • GIO – Guaranteed Insurability Option
  • GKLL – Garage Keepers Legal Liability (Insurance)
  • GL – General Liability
  • GVW – Gross Vehicle Weight
  • GWP – Gross Written Premium
  • HIAA – Health Insurance Association of America
  • HII – Health Insurance Institute
  • HIPAA – Health Insurance Portability and Accountability Act
  • HLDI – Highway Loss Data Institute
  • HLV – Human Life Value
  • HCQIA – Health Care Quality Improvement Act
  • HPL – Hospital Professional Liability (Insurance)
  • HPR – Highly Protected Risk (Property)
  • IAHU – International Association of Health Underwriters
  • IFC – Insured Fixed-Price Cleanup
  • IIAA – Independent Insurance Agents of America, Inc.
  • IIAC – International Insurance Advisory Council
  • IIHS – Insurance Institute for Highway Safety
  • III – Insurance Information Institute
  • IRI – Industrial Risk Insurers
  • IRIS – Insurance Regulatory Information System
  • IRM – Improved Risk Mutuals
  • ITI – Insurance Testing Institute
  • JCAH – Joint Commission on the Accreditation of Hospitals
  • JCAHO – Joint Commission on Accreditation of Healthcare Organizations
  • JSA – Job Safety Analysis
  • JUA – Joint Underwriting Authority; Joint Underwriting Association
  • JV – Joint Venture
  • LAE – Loss Adjustment Expense
  • LIAA – Life Insurance Association of America
  • LIAMA – Life Insurance Agency Management Association
  • LIRB – Liability Insurance Research Bureau
  • LLC – Limited Liability Company
  • LMU – Loss Mitigation Underwriting
  • LOC – Letter Of Credit
  • LTA – Lost Time Accident; Long Term Agreement
  • LTD – Long-Term Disability
  • MCO – Managed Care Organization
  • M&D – Minimum And Deposit
  • MDO – Monthly Debit Ordinary Life Insurance
  • MDRT – Million Dollar Round Table
  • MET – Multiple Employer Trust
  • MFL – Maximum Foreseeable Loss
  • MLE – Maximum Loss Expectancy
  • MLEA – Multiple Line Exclusive Agent
  • MPCI – Multi-Peril Crop Insurance
  • MPL – Maximum Possible Loss
  • MPP – Managed premium plan
  • MVR – Motor Vehicle Record
  • NAUA – National Auto Underwriters Association
  • NDI – National Disaster Insurance Association
  • NFIP – National Flood Insurance Program
  • NFIRA – National Flood Reform Act
  • NFPA – National Fire Protection Association
  • NIOSH – National Institute for Occupational Safety and Health
  • NRRA – National Risk Retention Association
  • NRT – National Response Team
  • NSC – National Safety Council
  • OCA – Outstanding Claims Account
  • OCIP – Owner Controlled Insurance Program
  • OD – Occupational Disease
  • OL&T – Owners, Landlords, And Tenants (Insurance)
  • ORFS – Operational Risk Financing Securities
  • ORM – Operational Risk Management
  • OSHA – Occupational Safety and Health Act; Occupational Safety and Health Administration
  • OSLR – Outstanding Loss Reserves
  • OTC – Other Than Collision
  • PAP – Personal Auto Policy
  • P&C – Property And Casualty
  • PC – Professional Corporation
  • P&I – Protection And Indemnity (Insurance)
  • PI – Personal Injury
  • PIA – Primary Insurance Account
  • PIAA – Physician Insurers Association of America
  • PICA – Professional Insurance Communicators of America
  • PIP – Personal Injury Protection
  • PMA – Package Modification Adjustment
  • PMF – Package Modification Factor
  • PMI – Private Mortgage Insurance
  • PML – Probable Maximum Loss
  • RAA – Reinsurance Association of America
  • RAM – Reverse-Annuity Mortgage
  • RAROC – Risk-Adjusted Return On Capital
  • RARORAC – Risk-Adjusted Return On Risk-Adjusted Capital
  • RBC – Risk-Based Capital
  • RBNE – Reserved But Not Enough
  • RC – Replacement Cost
  • RTW – Return To Work
  • SAA – Surety Association of America
  • SCOPE – Supervision, Construction, Occupancy, Protection, Exposure
  • SCPCU – Society of Chartered Property & Casualty Underwriters
  • SEC – Securities and Exchange Commission
  • SEMCI – Single Entry Multiple Carrier Interface
  • S&P – Standard and Poor’s
  • SPAP – Special Personal Auto Policy
  • STD – Short-Term Disability
  • TDB – Temporary Disability Benefits
  • TDI – Trade Disruption Insurance
  • TEFRA – Tax Equity and Financial Responsibility Acts of 1982 & 1983
  • TERI – Targeted Enterprise Risk Insurance
  • TIAA – Teachers Insurance and Annuity Association
  • TOLI – Trust-Owned Life Insurance
  • TOR – Technique Of Operations Review
  • TPA – Third-party administrator
  • TRA – Tax Reform Act of 1984
  • TRIA – Terrorism Risk Insurance Act
  • TTD – Temporary Total Disability
  • UEP – Unearned Premium
  • UJF – Unsatisfied Judgment Fund
  • UIM – Underinsured Motorist
  • UIMV – Underinsured Motor Vehicle
  • UL – Umbrella Liability; Underwriters’ Laboratories
  • ULAE – Unallocated Loss Adjustment Expenses
  • ULC – Underwriters Laboratories of Canada
  • UM – Uninsured Motorist
  • UMPD – Uninsured Motorist Property Damage
  • UMV – Uninsured Motor Vehicle
  • UNL – Ultimate Net Loss
  • U&O – Use And Occupancy
  • WC – Workers Compensation
  • WCRI – Workers Compensation Research Institute
  • YRCT – Yearly Renewable Convertible Term
  • YRT – Yearly Renewable Term

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