Glossary

Usurped power is a phrase common in insurance policies since the 18th century—and still found in standard war exclusions—that refers to an organized military operation, either foreign or domestic, that seizes the powers legally conferred upon a government.

Utility service interruption coverage provides insurance for loss due to lack of utility services, such as power, communication, or water supply services, caused by damage from a covered cause (such as a fire or windstorm) to property away from the insured's premises—usually the utility generating station.

Utilization review is a technique for controlling medical expenses by reviewing utilization patterns reflected in claims information.

Unregulated is a term used to describe surplus lines insurers, but it is not entirely accurate. While surplus lines insurers do not adhere to the same regulations regarding forms and rate filings as licensed insurers, surplus lines insurers are licensed in the state where they are domiciled and are regulated to some degree by every state where they may operate.