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Simple English definitions for legal terms

stock insurance company

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A quick definition of stock insurance company:

A stock insurance company is a type of corporation that sells insurance policies to individuals or businesses. The company is owned by shareholders who invest money in the company and share in its profits and losses. The company's main goal is to make a profit by collecting premiums from policyholders and paying out claims when necessary. This is different from a mutual insurance company, where policyholders are also owners of the company and share in its profits. A stock insurance company primarily focuses on making money for its shareholders.

A more thorough explanation:

A stock insurance company is a type of corporation or association that issues insurance policies. It is owned by stockholders who share in the company's profits and losses. The company operates as a private corporation and is not owned by its policyholders.

  • Mixed insurance company: This type of insurance company has characteristics of both stock and mutual companies. It distributes part of the profits to stockholders and also makes distributions to the insureds.
  • Mutual insurance company: This type of insurance company has policyholders who are both insurers and insureds. They pay premiums into a common fund, from which claims are paid. The policyholders are the owners of the company, as opposed to a stock insurance company owned by outside shareholders.
  • Stock life-insurance company: This is a type of stock insurance company that does life-insurance business.

These examples illustrate the different types of insurance companies and how they operate. A mixed insurance company combines the features of both stock and mutual companies, while a mutual insurance company has policyholders who are also owners of the company. A stock life-insurance company is a type of stock insurance company that specializes in life insurance.

stockholder's liability | stock issue

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no I have no idea lol, im just pessimistic at this point in the cycle
trees1234567
18:09
or they are waiting for their loan deadline
trees1234567
18:09
everyone
babybunny
18:10
the schools said you’re really great but I’m just not in a place where I can commit to something serious rn
trees1234567
18:10
*everyone I see on LSA is going elsewhere so I always have a sliver of hope that they have openings (but in reality that's only a small percentage of ppl)
Thickthighssavelives
18:11
@babybunny: adcomms are rlly just fuck boys
Really? I feel like I see the opposite, tons of people going to Chi
babybunny
18:11
@Thickthighssavelives: been saying this
babybunny
18:11
a feeler is a 1 am “u up?”
babybunny
18:12
lemme feel u bbg
18:12
@trees1234567: Probably to some extent, 7/28 waitlist admits who went to HLS the last two cycles were Chicago cross-admits
@babybunny: youre shadowbanned for me
babybunny
18:12
@Hellwoods2025: i know hon the deep state is censoring me
18:12
But depends how many were actually deposited at Chicago and whether Chicago overenrolled from RD
18:13
@babybunny: SO TRUE ADCOMMS ARE THE ULTIMATE FUCK BOIS HAHAHA
babybunny
18:13
the ultimate fuck boy is my ex boyfriend but adcoms are a close second
trees1234567
18:14
@jb2028: good to knowww
babybunny
18:22
You Smoke Too Tough. Your Swag Too Different. Your Bitch Is Too Bad. They'll Kill You
trees1234567
18:23
thanks as always
babybunny
18:23
you’re welcome 😇
why you talking about me bunny
babybunny
18:27
musta had you on my mind
trees1234567
19:02
obt congrats!!!
CTCSH
19:09
Now kiss
has anyone ever heard of creative ways people got off waitlist? Like doing some sort of project or submitting material different than the usual essays or loci that worked?
KnowledgeableRitzyWasp
20:31
some schools like it if you visit their campus
KnowledgeableRitzyWasp
20:31
but loci is the core of it, with the promise that you’ll drop everything and immediately deposit/attend
@KnowledgeableRitzyWasp: Ok thank you!
@Seagulleagle10: go in and give the dean a firm handshake and tell em you want to go there
@Seagulleagle10: tell them nothing is going to stop you from attending
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