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UNDERINSURED

by Law Professor

A person who does not have adequate insurance coverage to meet the needs of damages or loss that stem from an accident or who cannot meet a requirement of co-insurance. … [Read more...] about UNDERINSURED

UNDERWRITER

by Law Professor

(A) insurances. One who signs a policy of insurance, by which he becomes an insurer. 2. By this act he places himself as to his responsibility, in the place of the insured. He may cause a re-insurance to be made for his benefit; and it is his duty to act with good faith, and, without quibbling, to pay all just demands against him for losses. (B) An insurer, a person or entity … [Read more...] about UNDERWRITER

UNDERWRITE

by Law Professor

To provide a guarantee that all the shares of an initial public offering or issuance of stock will be purchased by the public or covered by an underwriter. A guarantee of an investment. … [Read more...] about UNDERWRITE

UNDER THE INFLUENCE

by Law Professor

Usually referring to DUI, meaning a person who is performing an activity while under the influence of alcohol or drugs or another substance that is causing impairment of the actor's abilities and reaction times. Most common crime of reference is driving under the influence. … [Read more...] about UNDER THE INFLUENCE

UNDER THE INFLUENCE OF ALCOHOL

by Law Professor

One who is intoxicated or is so affected by the effects of drinking alcohol that they are unable to use reasonable discretion and sound judgement. One whose mental and physical faculties are impaired by the effects of alcohol. … [Read more...] about UNDER THE INFLUENCE OF ALCOHOL

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