Retrospective Premium Policies: What Happens in Bankruptcy?

Retrospective premium policies allow premiums to be adjusted over time and thereby reflect the loss experience of the policyholder. When a policyholder…

21 minute read December 01, 2003 at 09:21 AM
By
Charlotte L. Wager And Brian C. Boardman
Retrospective Premium Policies: What Happens in Bankruptcy?

Retrospective premium policies allow premiums to be adjusted over time and thereby reflect the loss experience of the policyholder. When a policyholder files for bankruptcy, the existence of retrospective policies raises unique issues.

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