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joint underwriting association JUA

A joint underwriting association (JUA) is a nonprofit risk-pooling association established by a state legislature in response to availability crises as respects certain kinds of insurance coverage.

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joint underwriting association JUA

A joint underwriting association (JUA) is a nonprofit risk-pooling association established by a state legislature in response to availability crises as respects certain kinds of insurance coverage.

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For example, a number of states have established JUAs to provide medical malpractice insurance for physicians who are unable to obtain affordably priced insurance coverage in the standard marketplace.