Central Loss Fund

Dictionary Says

Definition of 'Central Loss Fund'

A fund set aside by some states in order to cover policyholder claims if an insurance company is declared insolvent. A central loss fund is created by state insurance regulators through the collection of assessments on insurance companies operating in the state. Most states have a central loss fund of some type, however the details of their operations differ according to their respective state laws.
Investopedia Says

Investopedia explains 'Central Loss Fund'

A central loss fund is important to protect the interests of policyholders in the event an insurance company is unable to pay claims. The states' respective insurance commissioners are responsible for overseeing insurance companies and ensuring that they maintain adequate collateral to cover expected losses. However, widespread and unanticipated catastrophes may still arise which result in claims exceeded an insurance company's ability to pay. 
Search results for

'Central Loss Fund'

  • America's Loss Is The Currency Market's Gain

    http://www.investopedia.com/articles/forex/09/smithsonian-agreement-1971.asp
    America's Loss Is The Currency Market's Gain. ... the system through the International
    Monetary Fund (IMF), and ... The IMF ensured that the world's central bankers did ...
  • Is It Eurobonds Or Bust For The Eurozone? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/Is-It-Eurobonds-Or-Bust-For-The-Eurozone.aspx
    ... So the EFSF rescue fund itself, may end up causing ... Europe's central bank has its
    work cut out for it in ... for any direct, indirect or consequential loss that may ...
  • Introduction To The Chinese Banking System

    http://www.investopedia.com/articles/economics/11/chinese-banking-system.asp
    ... The FDIC also manages the Deposit Insurance Fund to protect against the loss of
    deposits ... Backs Up The FDIC?) The Federal Reserve is the central bank of ...
  • The Contrarian Play In Europe

    http://stocks.investopedia.com/stock-analysis/2011/The-Contrarian-Play-In-Europe-EZU-FEZ-IEV-NM-NMM-FDD-DFE-AZN-STD1026.aspx
    ... The European Central Bank (ECB) along with the ... The region's main bailout fund, the
    European Financial Stability ... enabling it to offer first-loss guarantees for ...
  • Credit Crisis: Bird's Eye View | Investopedia

    http://www.investopedia.com/university/credit-crisis/credit-crisis5.asp
    ... read Will Your Money Market Fund Break The ... Average suffered its worst weekly loss
    on record ... institutions were nationalized and global central bankers provided ...
  • Why Invest In International Equity Mutual Funds?

    http://www.investopedia.com/articles/mutualfund/08/international-equity-mutual-fund.asp
    ... countries and regions, such as India, China, Central America and ... equities is through
    a mutual fund, which offers ... helps reduce the risk of loss associated with ...
  • Measuring And Managing Investment Risk

    http://www.investopedia.com/articles/08/risk.asp
    ... a statistical measure of dispersion around a central tendency. ... VAR is to quantify
    how bad a loss on an ... Spectacular debacles like hedge fund Long Term Capital ...
  • What's Happening To The Best Trades Of Our Lives?

    http://stocks.investopedia.com/stock-analysis/2011/Whats-Happening-To-The-Best-Trades-Of-Our-Lives-BRF-EWZ-FXI-EPI-IDX-TUR-VNM0304.aspx
    ... NYSE:VNM) shareholders looking at a 10% loss so far ... In Turkey, the central bank seems
    to be succeeding with ... likely know all of this, as the fund has dropped by ...
  • When The Federal Reserve Intervenes (And Why)

    http://www.investopedia.com/articles/economics/08/federal-reserve-intervention.asp
    ... irrational exuberance by quickly adding that central bankers need ... take the first
    billion-dollar loss on the ... Dissecting The Bear Stearns Hedge Fund Collapse and ...
  • This Week's Activist Filings

    http://stocks.investopedia.com/stock-analysis/2011/This-Weeks-Activist-Filings-MLI-LUK-CV-ICGN-PFE0915.aspx
    ... which is then followed by another triple-digit loss. ... Value fund Gamco Investors recently
    disclosed that it owns ... also been buying more of Central Vermont Public ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links