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Glossary


Public domain refers to a work that is available to the public as a whole and not subject to intellectual property (copyright, trademark, or patent) restrictions.

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A public easement is an easement that is granted to the public in general or to an entire community.

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Public employee dishonesty coverage is insurance for governmental entities (e.g., cities, towns, counties) covering loss resulting from employee dishonesty.

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Public Law 15 (McCarran Act) is a congressional act of 1945 exempting insurance from federal antitrust laws to the extent that the individual states regulate the industry.

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Public liability insurance is insurance covering an insured's liability to third parties for causing bodily injury (BI) or property damage (PD).

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A public officials bond is a guarantee by the surety that the specified public official will faithfully perform his or her official duties, including accounting for all funds entrusted to his or her care.

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Public officials liability insurance provides liability coverage for the errors and omissions of public officials.

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Public or livery conveyance use involves the transporting of people and/or goods for hire, such as by a taxi service, motor carrier, or a delivery service.

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The public policy exception is a common law remedy to the employment-at-will doctrine that has been created by the judicial system.

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The Public Risk Management Association (PRIMA) is an association of governmental risk managers that publishes a monthly magazine, sponsors seminars and an annual conference, and provides other services to its members.

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