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As with any insured loss, the insurer may have then sent a representative to see the property and discuss the claim.

As a result, a relatively small fraction of title insurance premiums are used to pay insured losses.

The damage bill has been estimated at A$4 billion (including an insured loss of about $1 billion).

We have the responsibility to reimburse them on insured losses.

The spectacular insured loss should not be used as an excuse to raise prices in unrelated lines of business.

In insurance, this is the probability of an insured loss occurring.

It also allows insurers to pool data on insured losses.

The Oakland fire is this year's 31st insurance industry catastrophe, meaning an event with more than $5 million in insured losses.

An appraisal followed to determine the value of the insured loss.

Other analysts estimated insured losses up to $25 billion.