The initialing of a slip by an underwriter binds him to accept his line of the insurance. Similarly he signifies his acceptance of subsequent amendments or agreements by initialing a document.
Insurance Encyclopedia
Injunction
A court order intended to prevent a person from doing something which might later be termed to be wrongful or illegal.
Injury
1. In a workers’ compensation policy, this term signifies any injury or disease sustained, arising out of, and in the course of employment including injury to artificial members and medical braces of all types. 2. Bodily damage of an insured by an accident while the policy is in force.
Injury Independent of All Other Means
An injury resulting from an accident, provided that the accident was not caused by an illness.
Injury to the environment
An important interference with the environment caused by a modification of the physical, chemical or biological conditions of water, soil and/or air in so far as these are not to be considered to be damage to property or death or physical injury. The authorities seek to make the polluter pay on a strict liability basis for this and other forms of injury and damage.
Injury to working partner’s clause
Employers’ liability policy clause that brings liability for injury to the proprietors of a partnership within the policy. If a partner is injured at work due to the negligence of an employee or another partner, a standard employers’ liability policy will not operate but the clause brings such injury into the policy subject otherwise to its terms and conditions. Consequently the premium is calculated as if all partners were employees, i.e. their earnings must be included in the estimate and declarations relating to wages and salaries.
Injury-in-fact trigger
A theory seeking to trigger a long-tail injury (e.g. asbestosis) only into those losses-occurring liability policies or policy periods during which there was actual occurrence or development of the injury. It ignores exposure to the risk of injury and the manifestation of it. No liability is attached to policies in force during which there was no progression of the injury but the theory is difficult to apply. See TRIPLE TRIGGER THEORY.
Injury, cumulative
Industrial injury that occurs because of repetitive mentally or physically traumatic activities extending over a period of time, the combined effect of which causes a disability or need for medical treatment.
Injury, specific
Industrial injury that occurs as the result of one incident or exposure that causes disability or need for medical treatment.
Inland Carrier
A transportation line which hauls export or import traffic between ports and inland points.