Five of the seven storms with retired "I" names together caused insured property losses of $26 billion.
What does IP stand for?
IP stands for Insured Property
This definition appears frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of IP
We have 112 other meanings of IP in our Acronym Attic
- Instituti I Pyjeve (Albanian: Forest and Pasturage Institute)
- Institutional Plan
- Instruction Pamphlet
- Instruction Plate
- Instruction Pointer
- Instructor Pilot
- Instrument Package
- Instrument Panel
- Instrument Procedure (aviation)
- Instytut Polnocny (Polish: North Institute)
Samples in periodicals archive:
In addition, coverage can be provided for third-party bodily injury, property damage and cleanup cost claims, including defense costs, caused by an environmental condition at the insured property once it is in the lender's possession.
Insured property losses in 2008 were the fourth highest in 10 years.
The Supreme Court reformulated the question sent to it by the federal court to read: May an insured co-tenant who occupies the insured property as her home and who has insured the property for its full value recover (within the policy limits) more than the value of her fractional legal interest in the property?
Insured property losses in the third quarter are expected to reach $2.
A January article in The Washington Post discusses how the global insurance and banking industries have come to realize that "they have at risk virtually trillions of dollars worth of insured property and long-term investments.
The policyholder is required to purchase an amount of insurance equal to at least a certain percentage of the value of the insured property (usually 80 percent) or suffer a proportionate "penalty" to the extent he underinsures.