Insurance line

{
  "id": "MLC-T-INS-001861",
  "term": "Insurance line",
  "field": "Insurance and risk management",
  "definition": "A specific type of insurance coverage or a group of related policies that an insurer offers for sale. Insurers categorize their products into distinct lines, such as personal auto, homeowners, commercial property, general liability, or workers' compensation. This classification system is used for underwriting, ratemaking, and financial reporting to regulators, who track the performance and market share of each line of business.",
  "url": "https://mlchart.com/terminology/insurance/insurance-line/"
}