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insurance
(redirected from insurance firm)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
Insurance
Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed-upon sum to the insured in the event of loss.

insurance

A commercial contract agreeing to compensate one for loss in the event of specifically named or described risks.



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The insurance firm, which occupies close to 4 million square feet in Lower Manhattan, will take floors 6, 19-22, 27 and 28 for rents that begin in the mid $40s per s/f and climb into the $50s per s/f over the life of the long-term deal.
The insurance firm already has recovered about $400,000 but is owed $29,416 in interest.
s Mike De Santis represented Pacific Capital Group and its insurance firm on the lease.
 
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