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LOMA Updates Glossary

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NU Online News Service, June 21, 5:43 p.m. – LOMA, Atlanta, has updated its Glossary of Insurance and Financial Services Terms.

The glossary defines many acronyms, words, phrases and concepts used in the insurance industry, such as “CRVM” (Commissioner Reserve Valuation Method”), “reciprocity,” “withdrawal provision” and “misstatement of age or sex,” LOMA says.