occurrence


Also found in: Dictionary, Thesaurus, Medical, Legal, Wikipedia.

occurrence

In insurance terminology, an accident or a continuous exposure to conditions which result in injury or damage, provided the injury or damage is neither expected nor intended.
References in periodicals archive ?
5 km), based on the ungulates occurrence which may guide the route selection of QTE.
The goal of this paper is to present a method for deriving failure cause occurrence ratings from existing occurrence ratings in hierarchically lower level FMEAs.
We counted and estimated (after gaining experience by counting) the number of plants in each colony (a spatial group of separate individuals) and occurrence that we observed.
5) The number of high-stakes cases involving the central issue of whether a claim situation involves one occurrence or more than one occurrence (and, if so, how many) indicates that the gloves are off.
Almost every liability insurance policy contains a per-occurrence limit of liability and an aggregate limit if more than one person is injured by the same occurrence.
Developed by Marsh s Casualty Practice and leading Bermuda and international insurers, Marsh IO+ is an occurrence-reported excess casualty form that includes the integrated occurrence feature found in standard occurrence-reported forms.
While this trend is growing, in many jurisdictions an occurrence still does not include defective work itself.
The last similar occurrence happened on 19-12-1912.
The current CGL forms define an occurrence as "an accident, including continuous or repeated exposure to substantially the same general harmful conditions" Although bodily injury and property damage usually result immediately upon contact with someone or something, the phrase, "continuous or repeated exposure" eliminates the necessity of proving the exact moment when damage is sustained.
The program offers a choice of limits of $100 million per occurrence or $50 million per occurrence and a variety of attachment points, ranging from $20 million to $250 million per occurrence.
gt; occurrence may be used for something that is not planned or expected.
Each presents the question of whether claims arising from them should be treated as arising from separate occurrences or whether the claims share a common cause and, therefore, trigger only a single occurrence limit.