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Suggested Citation:"Acronyms." National Research Council. 2023. Shared-Risk Insurance Pools for Transit Agencies: A Guide. Washington, DC: The National Academies Press. doi: 10.17226/27419.
Page 34

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34 AAIS American Association of Insurance Services ACORD Association for Cooperative Operations Research and Development AL Automobile (including bus) Liability ALAE Allocated Loss Adjustment Expenses COC Certificate of Coverage COI Certificate of Insurance FTCA Federal Tort Claims Act GASB Government Accounting Standards Board HR Human Resources IBNR Incurred But Not Reported IRMA Intergovernmental Risk Management Agency ISO Insurance Services Office LDF Loss Development Factor RMIS Risk Management Information System RPG Risk Purchasing Group SIR Self-Insured Retention TPA Third-Party Administer UCIP Utah Counties Indemnity Pool Acronyms

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Shared-Risk Insurance Pools for Transit Agencies: A Guide Get This Book
 Shared-Risk Insurance Pools for Transit Agencies: A Guide
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Transit agencies are finding it increasingly difficult to find, purchase, and maintain adequate and affordable insurance coverage for public transit vehicles. The number of smaller insurance providers is decreasing due to the volatile nature and demands of the insurance industry and insurance coverage requirements in general.

NCHRP Research Report 1079: Shared-Risk Insurance Pools for Transit Agencies: A Guide, from TRB's National Cooperative Highway Research Program, explains how insurance pools function, how to evaluate the feasibility of a shared-risk insurance pool, and how to establish and manage this type of pool.

Supplemental to report is a presentation and NCHRP Web-Only Document 374: Developing a Guide to Shared-Risk Insurance Pools for Transit Agencies: Conduct of Research Report.


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