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Property and Casualty Insurance Compensation Corporation. Membership in this industry-funded plan is a condition of licensing and the amount contributed by each insurance company is based on the total amount of direct premiums written.

A packet for transportation or commercial handling.

Policy which covers two or more lines or types of insurance in the same policy.

Document which accompanies the package being shipped which details the contents, weight and other information.

Losses actually paid by insurer during specified period of time.

Physical discomfort and distress, as well as mental and emotional trauma recoverable as damages in a tort action.

Additional Condition contained in property insurance policies which states that loss to only one item of a pair or set does not constitute loss or damage to the entire pair or set.

Extension of a fire wall beyond the roof level.

Small package.

If damage results from negligent control of parents over the act of their child, they may be held liable.