Glossary

The Chartered Property Casualty Underwriter (CPCU) is a professional designation identifying an individual who has satisfactorily completed eight national examinations covering various phases of property-casualty (P&C) insurance and met industry experience and ethical requirements.

Charterers legal liability coverage is a type of marine insurance designed to provide coverage for the liabilities including those of care, custody, and control (CCC) assumed by a party chartering a vessel when the vessel's operation remains in the control of the vessel's owner.

Chemical, biological, radiological, nuclear (CBRN) weapon is a less commonly used phrase with essentially the same meaning as "nuclear, biological, chemical (NBC) weapon."

Chemnet is a mutual aid network of chemical shippers and contractors that assigns a contracted emergency response company to provide technical support if a representative of the firm whose chemicals are involved in an incident is not readily available.

Chevron deference is the principle in which a court defers to an administrative agency's (for example, the National Labor Relations Board (NLRB)) prior answer or interpretation of a given statute, rather than having the court apply its own potentially different interpretation and ruling.

A chief risk officer (CRO) is an executive-level individual responsible for an organization's strategies, objectives, and techniques for handling all types of risk facing the enterprise.

The Children's Online Privacy Protection Act (COPPA) of 1998 generally applies to companies or groups that operate either commercial websites or online services directed at children (anyone under 13) or that knowingly collect personal information from children.

Choice no-fault is an auto no-fault plan that allows insureds to choose whether mandatory auto coverage is covered under the traditional tort liability system or under a no-fault compensation system that restricts the ability to collect noneconomic damages.

Chronic toxicity is the capacity of a substance to cause long-term poisonous human health effects.

Circumstance is a term used in some claims-made policies as an alternative to "occurrence."