A term used to identify conditions found during the investigation of a fire incident. Used to indicate that the fire’s cause has not been determined, and that conditions present indicate that the fire cause is suspect of the fact of intentional burning. All accidental fire causes should be eliminated before this designation is given.
Insurance Encyclopedia
Sustainable growth rate
System for establishing goals for the rate of growth in expenditures for physicians’ services.
SV
HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating pharmaceuticals delivered to the patient’s home but not used.
SW
HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating services provided by a certified diabetic educator.
Swap maternity (Health Insurance)
A provision under which pregnancy is covered to members of a group health plan, but the coverage is terminated at the time the plan is, regardless of whether the pregnancy is still in progress.
Swaps
An alternative risk transfer between two parties having risks in the opposite direction. An insurer might swap a windstorm exposure with a building contractor who gets work if windstorm occurs. If it does not occur, the contractor’s excess capacity is compensated from the insurer’s additional profit following favourable claims experience.
Swaps (weather)
Agreement between parties with diverging interest to exchange payment streams based on an underlying rate, index, instrument or asset and a ‘notional amount’. An ice cream manufacturer wants a warm summer while an overseas tour operator expects a cool summer to boost his sales. If the temperature is above the reference temperature, 18°C, the ice cream company pays the tour operator out of their enhanced revenue. No premium changes hands, the upside risk of one party pays the downside risk of the other.
Swaying
Transverse motion of a ship on high seas.
Sweat damage
Damage to cargo caused by water condensing from humid air inside a container or the hold of the ship due to a fall in outside temperature.
Sweating
There are certain commodities which require special stowage facilities and variations of temperature in badly ventilated holds and can cause condensation and consequent “Sweat damage to goods.”