Glossary

The ceding company is the insurer that cedes all or part of the insurance or reinsurance it has written to a reinsurer.

A cell captive is a sponsored captive or rent-a-captive, which maintains underwriting accounts separately for each participant.

The Centers for Disease Control and Prevention (CDC) is a federal agency that is part of the US Department of Health and Human Services.

The Centers for Medicare and Medicaid Services (CMS) is a federal agency that oversees the administration of Medicare, Medicaid, and the Children's Health Insurance Program.

A Central Analysis Bureau (CAB) report is available exclusively to CAB subscribers. It provides comprehensive, up-to-date information on any motor carrier regarding the motor carrier's safety, finances, and overall operations.

A central collection point is the location where a generator of regulated medical waste consolidates wastes originally generated at various places in its facility.

Central tendency is a statistical term denoting the single outcome within a probability distribution that is the most representative of all the possible outcomes.

The certificate holder is the entity that is provided a certificate of insurance as evidence of the insurance maintained by another entity.

A certificate of compliance is a statement issued by an insurance department or other regulatory authority confirming that an insurer is in compliance with applicable statutes and regulations.

The certificate of insurance is a document providing evidence that certain general types of insurance coverages and limits have been purchased by the party required to furnish the certificate.