Search Elements:
- Taxonomy
- us-gaap
- Name
- LossContingencyUndiscountedAmountOfInsuranceRelatedAssessmentLiability
- Label
- Loss Contingency, Undiscounted Amount of Insurance-related Assessment Liability
- Period Type
- duration
- Balance Type
- credit
- Type
- xbrli:monetaryItemType
- Definition
- The liability as of the balance sheet date representing required funding mandated by statute or regulatory authority that is related directly or indirectly to underwriting activities, including pools for self-insurance and excluding premium taxes and income taxes. The funds derived from the assessments generally enable a government guarantor to pay insurance claims in the event that the underwriting insurer is insolvent or otherwise unable to meet its payment obligations.