XBRL Tag: LossContingencyDiscountedAmountOfInsuranceRelatedAssessmentLiability
Search Elements:

Taxonomy
us-gaap
Name
LossContingencyDiscountedAmountOfInsuranceRelatedAssessmentLiability
Label
Loss Contingency, Discounted Amount of Insurance-related Assessment Liability
Period Type
instant
Balance Type
credit
Type
xbrli:monetaryItemType
Definition
The present value of the liability as of the balance sheet date representing required funding mandated by statute or regulatory authority that is related directly or indirectly to underwriting activities, including pools for self-insurance and excluding premium taxes and income taxes. The funds derived from the assessments generally enable a government guarantor to pay insurance claims in the event that the underwriting insurer is insolvent or otherwise unable to meet its payment obligations.
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