Alliance Of American Insurers - AAI

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DEFINITION of 'Alliance Of American Insurers - AAI'

A coalition consisting primarily of property-casualty insurance carriers. The Alliance of American Insurers was formed in order to provide political clout for the property-casualty insurance industry. It pursues various activities directed toward promoting its objectives to both politicians and the public.

BREAKING DOWN 'Alliance Of American Insurers - AAI'

The Alliance of American Insurers is headquartered in Chicago, Illinois. The alliance promotes its objectives through various means, such as the distribution of printed material. It also conducts demographic research and provides educational programs to employees of member companies.

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RELATED FAQS
  1. What happens if my insurance claim falls below the deductible level?

    Though the ins and outs of health insurance are often confusing, the concept of the insurance deductible is relatively straightforward. ... Read Full Answer >>
  2. How is the deductible I paid for my insurance claim treated for tax purposes?

    The deductible you pay on your health insurance policy may be tax-deductible if you meet certain conditions. However, whether ... Read Full Answer >>
  3. What level of reserve ratios is typical for an insurance company to protect against ...

    In the United States, and most developed nations, regulators impose required statutory capital reserve ratios on insurance ... Read Full Answer >>
  4. What risks do I face when investing in the insurance sector?

    Like all equity investments, insurance companies present investors with market risk. Insurance companies, like banks, also ... Read Full Answer >>
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    The main factors that impact share prices in the insurance sector are interest rates, earnings and actuarial risk. In the ... Read Full Answer >>
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    Insurance policies have deductibles for behavioral and financial reasons. Moral Hazards Deductibles mitigate the behavioral ... Read Full Answer >>

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