Important Insurance Abbreviations

IAC	Industrial Accident Commission.
IAHU	International Association Of Health Underwriters.
IAIABC	International Association Of Industrial Accident Boards & Commissions.
IAIS	International Association Of Insurance Supervisors.
IAOC	Insurers’ Advisory Organization Of Canada.
IASA	Insurance Accounting And Systems Association, Inc.
IBAC	Insurance Brokers Association Of Canada.
IBANS	Insurance Brokers Association Of Nova Scotia.
IBC	Insurance Bureau Of Canada.
IBNER	Incurred But Not Enough Reserved.
IBNR	Incured But Not Reported.
IBT	Income Before Taxes.
ICA	International Claim Association; Insurance Consortium Of America.
ICAC	Insurance Committee For Arson Control.
ICC	Interstate Commerce Commission.
ICEDS	Insurance Company Education Directors Society.
ICIA	International Credit Insurance Association.
ICISA	International Credit Insurance & Surety Association.
ICP	Insurance Conference Planners.
ICPA	Insurance Conference Planners Association.
ICPI	Insurance Crime Prevention Institute.
ICSID	International Center For The Settlement Of Investment Disputes.
IDBI	Industrial Development Bond Insurance.
IDI	Inherent Defects Insurance.
IDL	Independent Director Liability.
IDLH	Immediately Dangerous To Life And Health.
IDM	Integrated Disability Management.
IDMA	Insurance Data Management Association.
IEA	Insurance Educational Association.
IFC	Insured Fixed-Price Cleanup.
IFCA	Insurance Fair Conduct Act.
IFEBP	International Foundation Of Employee Benefit Plans.
IFSC	International Financial Services Centre.
IFSRA	Irish Financial Services Regulatory Authority.
IFTA	International Fuel Tax Agreement.
IGF	Insurance Guaranteed Financing.
IHOU	Institute Of Home Office Underwriters.
IIA	Insurance Institute Of America, Inc.
IIAA	Independent Insurance Agents Of America, Inc.
IIABA	Independent Insurance Agents And Brokers Of America, Inc.
IIAC	International Insurance Advisory Council.
IIAT	Independent Insurance Agents Of Texas.
IIC	Insurance Institute Of Canada.
IICAE	Insurance Industry Consumer Affairs Exchange.
IIE	Illinois Insurance Exchange.
IIED	Intentional Infliction Of Emotional Distress.
IIHS	Insurance Institute For Highway Safety.
III	Insurance Information Institute.
IILA	International Institute Of Loss Adjusters.
IIMA	Insurance Industry Meetings Association.
IIS	International Insurance Seminars, Inc.
IJA	Interjurisdictional Agreement On Workers Compensation.
IL	Interline .
ILAB	Insurance Library Association Of Boston.
ILCA	Insurance Loss Control Association.
ILF	Increased Limits Factor.
ILOC	Irrevocable Letter Of Credit.
ILU	Institute Of London Underwriters.
IMCA	Insurance Marketing Communications Association.
IMUA	Inland Marine Underwriters Association.
IOS	International Organization For Standardization.
IPA	Independent Practice Association.
IPAC	Insurance Public Affairs Council.
IPD	Integrated Project Delivery.
IPFA	Insurance Premium Finance Association.
IPO	Initial Public Offering.
IPT	Insurance Premium Tax.
IR	Incident Recall.
IRA	Individual Retirement Account.
IRC	Insurance Research Council; Internal Revenue Code.
IRES	Insurance Regulatory Examiners Society.
IRI	Industrial Risk Insurers.
IRIS	Insurance Regulatory Information System.
IRM	Improved Risk Mutuals.
IRMC	Institute For Risk Management Consultants.
IRMI	International Risk Management Institute, Inc.
IRP	International Registration Plan.
IRPM	Individual Risk Premium Modification.
IRR	Internal Rate Of Return.
IRS	Internal Revenue Service.
IRUA	Intermediaries & Reinsurance Underwriters Association.
ISCEBS	International Society Of Certified Employee Benefits Specialists.
ISO	Insurance Services Office, Inc.
ISTEA	Intermodal Surface Transportation Efficiency Act Of 1991.
ITA	Interjurisdictional Trucking Agreement.
ITC	Investment Tax Credit.
ITCIF	International Trade Credit Insurance Facility.
ITES	Information Technology Enabled Services.
ITI	Insurance Testing Institute.
IVANS	Insurance Value Added Network Services.
IWH	Institute For Work & Health.
JCAH	Joint Commission On The Accreditation Of Hospitals.
JCAHO	Joint Commission On Accreditation Of Healthcare Organizations
JHA	Job Hazard Analysis.
JOA	Joint Operating Agreement.
JOBS	Jumpstart Our Business Startups Act.
JSA	Job Safety Analysis.
JUA	Joint Underwriting Authority; Joint Underwriting Association.
JV	Joint Venture.
LAE	Loss Adjustment Expense.
LASH	Lighter Aboard Ship
LCA	Life Communicators Association.
LCF	Loss Conversion Factor.
LDF	Loss Development Factor.
LDW	Limited Damage Waiver.
LEA	Loss Executives Association.
LEED	Leadership In Energy And Environmental Design.
LEPC	Local Emergency Planning Committee.
LHWCA	Longshore And Harbor Workers’ Compensation Act Of 1927.
LIAA	Life Insurance Association Of America.
LIAMA	Life Insurance Agency Management Association.
LIBOR	London Interbank Offered Rate.
LIC	Life Insurance Corporation of India.
LIMRA	Life Insurance Marketing & Research Association.
LIRB	Liability Insurance Research Bureau.
LLC	Limited Liability Company.
LMU	Loss Mitigation Underwriting.
LOC	Letter Of Credit.
LOMA	Life Office Management Association.
LPCS	Legal Principles Claim Specialist.
LPRT	Leading Producers Round Table.
LPSO	Lloyd’s Policy Signing Office.
LPT	Loss Portfolio Transfer.
LRRA	Liability Risk Retention Act Of 1986.
LTA	Lost Time Accident.
LTC	Long Term Care.
LTD	Long-Term Disability.
LTL	Less Than Truckload.
LUMP	Limits Under Multiple Policy Years.
LUTC	Life Underwriter Training Council,
MAAA	Member Of American Academy Of Actuaries.
MAC	Maximum Allowable Concentration.
MAP	Market Assistance Plan.
MAS	Management Advisory Service.
MBIA	Municipal Bond Insurance Association.
M&C	Manufacturers And Contractors (Insurance).
MCA	Motor Carrier Act Of 1980.
MCO	Managed Care Organization.
MCR	Minimum Capital Requirement.
MCS	Monte Carlo Simulation.
M&D	Minimum And Deposit.
MDL	Maximum Dollar Loss.
MDO	Monthly Debit Ordinary Life Insurance.
MDRT	Million Dollar Round Table.
MET	Multiple Employer Trust.
MEWAS	Multiple Employer Welfare Associations.
MEWP	Mobile Elevated Work Platform.
MFL	Maximum Foreseeable Loss.
MGA	Managing General Agent.
MGU	Managing General Underwriter.
MIB	Medical Information Bureau.
MICA	Mortgage Insurance Companies Of America.
MICRA	Medical Injury Compensation Reform Act Of 1975
MIGA	Multilateral Investment Guarantee Agency.
MIS	Management Information System.
MLE	Maximum Loss Expectancy.
MLEA	Multiple Line Exclusive Agent.
MLIS	Management Liability Insurance Specialist.
MLR	Multiple Location Risk.
MMI	Maximum Medical Improvement.
MMII	Mass Marketing Insurance Institute.
MMSEA	Medicare, Medicaid, And SCHIP Extension Act Of 2007.
MOL	Mitigation Of Loss.
MOP	Manufacturers Output Policy.
MORT	Management Oversight And Risk Tree.
MOSB	Mercantile Open Stock Burglary.
MP	Minimum Premium; Multiple Peril.
MPCI	Multi-Peril Crop Insurance.
MPEE	Multi-Period Excess Earnings.
MPL	Maximum Possible Loss.
MPP	Managed Premium Plan.
MPRMA	Missouri Public Risk Management Association.
MSA	Market Service Agreement; Master Service Agreement.
MSAWPA	Migrant And Seasonal Agricultural Worker Protection Act Of 1983.
MSBF	Money And Securities Broad Form.
MSD	Musculoskeletal Disorder.
MSDS	Material Safety Data Sheet.
MSVR	Mandatory Securities Valuation Reserve.
MTC	Motor Truck Cargo.
MVC	Mean/Variance/Covariance.
MVIC	Market Value Of Invested Capital.
MVR	Motor Vehicle Record.
MYSL	Multiyear Single Limit.