First Sentence:
Just as a horse could be defined as a piece of personalty, a means of transportation, or a slightly larger-than-average pet, depending on the reason for defining it in the first place, the concept of insurance is also subject to a wide variety of definitions, no one of which seems to suit all purposes.
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Key Phrases - Statistically Improbable Phrases (SIPs):
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iron safe clause, cestui que vie, moral hazard clauses, insurable interest doctrine, factual expectancy, named driver exclusion, subrogated action, qualified pollution exclusion, innocent insured, nonwaiver agreement, conventional subrogation, original insured, reasonable expectations rule, reasonable insured, incontestability clause, appraisal clauses, bad faith cause, excess insurer, underinsured motorist coverage, promissory warranty, reasonable insurer, original insurer, suretyship relationship, bad faith claim, bonded employee
Key Phrases - Capitalized Phrases (CAPs):
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Supreme Court, New York, Superior Court, Miller Act, Justice Saylor, New Jersey, United States, Lord Eldon, Justice Castille, Blue Cross, Federal Trade Commission, Insurance Department, Paul Fire, Hartford Insurance Company, Marine Insurance Company, Metropolitan Life Ins, Mutual Life Ins, Nationwide Insurance Company, Lord Hardwicke
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