ALS

(redirected from Actual Loss Sustained)
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AcronymDefinition
ALSAmyotrophic Lateral Sclerosis (Lou Gehrig's Disease)
ALSAdvanced Life Support
ALSAdvanced Light Source
ALSAuld Lang Syne
ALSAstrid-Lindgren-Schule (German school)
ALSAlternative Lifestyle
ALSAirborne Laser Scanning (remote sensing)
ALSAsian Language Support (extended characters)
ALSAmerican Littoral Society
ALSAdvanced Life Skills (various organizations)
ALSA Love Supreme (Sunderland AFC fanzine)
ALSAmyotrofische Laterale Sclerose (neurological disease)
ALSAmbient Light Sensor
ALSAnnoying Little Sister
ALSAcid-Labile Subunit (protein)
ALSArtificial Lift System (various companies)
ALSAssistive Listening System
ALSAlbany Law School (Albany, NY)
ALSAlerting Service
ALSAustralian Literary Studies (est. 1963; journal)
ALSAdministrative License Suspension
ALSApplied Language Solutions (various locations)
ALSAlliance Laundry Systems (Wisconsin)
ALSAgglutinin-Like Sequence (biology)
ALSanti Lag System
ALSAvance Logic Sound
ALSActive Light System
ALSActive Link System
ALSActive Line State
ALSAdjacent Link Station
ALSAutomatic Line Selection
ALSAlternate Line Service
ALSAdvanced Login System
ALSAirman Leadership School
ALSArchives and Local Studies (UK)
ALSAirworthiness Limitations Section (aviation)
ALSAcademic Learning Support (various organizations)
ALSAdaptive Living Skills
ALSAtlanta Linux Showcase
ALSAntar Lintas Sumatera (Indonesian bus operator)
ALSAcademic Library Survey (various organizations)
ALSAdvanced Labelling Systems Ltd. (UK)
ALSAllocation de Logement à Caractère Social (French: Allocation of Social Housing; student housing)
ALSAustralian Literature Society (now Association for the Study of Australian Literature)
ALSAirlift Squadron (USAF)
ALSAdvance Legislative Service (LexisNexis)
ALSAllocation de Logement Social (French: housing allowance)
ALSAir, Land and Sea
ALSAdult Learning Service (PBS)
ALSApproach Light System
ALSAlternate Light Source
ALSAlternate Line Service (GSM mulitple line feature)
ALSAutographed Letter Signed
ALSAll Ladies Shaved
ALSAdvanced Launch System
ALSAnti-Lag System (turbocharged race cars)
ALSAge Left School (statistic)
ALSAngular Leaf Spot
ALSAutomatic Landing System
ALSAutomated Library System
ALSAutomatic Laser Shutdown (Alcatel)
ALSAcademic Learning Series
ALSAmyotrophic Lateral Sclerosis Society of Canada
ALSAsset Liability Strategy (finance; various companies)
ALSAmerican Lumber Standards
ALSAutomated Lien System
ALSAurora Loan Services, Inc
ALSApplied Logic Systems
ALSAnalytical Laboratory System
ALSApplication Layer Structure
ALSAssociation of Lipspeakers
ALSAdjacent Link Station (IBM)
ALSAugmented Logistics Support
ALSAutomatic Linear Slide (Switch)
ALSAnti-Lymphocyte Serum
ALSAda Language System
ALSAustralian Laboratory Services Pty Ltd
ALSAdvanced Logistics System
ALSActual Loss Sustained
ALSAdaptive Learning System
ALSAcquisition Logistics Support
ALSAircrew Life Support
ALSAlexander Language Schools (London, England)
ALSAcadémie Lorraine des Sciences (French: Lorraine Academy of Sciences; formerly Society of Sciences in Nancy; Nancy, France)
ALSAmerican Lithotripsy Society
ALSAdvanced Loan System
ALSAlliance of Literary Societies
ALSAircraft Landing System
ALSAlamosa, CO, USA - Bergman Field (Airport Code)
ALSAutonomic Logistics System (aviation maintenance)
ALSActive Line State (Cisco)
ALSAdvanced Low-power Schottky Logic (family of logic integrated circuits)
ALSAirside and Landside (aviation)
ALSAssignment and Licensing System (Canada)
ALSAccident Localization System
ALSAutomated List Service
ALSAT&T Local Service
ALSArea Licensing System
ALSAceto Lactate Synthase
ALSAustralian Lifeguard Service (Surf Life Saving Australia)
ALSAmmunition Loading System
ALSAlternate Landing Site
ALSAchievement Levels Setting
ALSAccidental Limit States
ALSActive Laser Seeker
ALSArizona Learning System (community colleges, Phoenix, AZ)
ALSAirborne Link Segment
ALSAdvanced Laser System
ALSAutonomous Listening Station
ALSAir Logistics Squadron
ALSAmerican Lory Society
ALSAuxiliary Lighter
ALSAll Weather Landing System
ALSAdvanced Language Studies
ALSAlternative Logistics Support
ALSAsian Language Services
ALSAdvanced Landing System
ALSAmeritech Library Systems
ALSAir Logistics Service
ALSAlton and Southern Railway Company
ALSApplication Library Services
ALSAsset Library System
ALSAdvanced Leadership Series
ALSAnother Legacy System
ALSAzimuth Laying Set
ALSArchitecture Level Set (IBM mainframes)
ALSArchimedial Log Spiral
ALSAlaska Lepidoptera Survey
ALSAdvanced Land Systems (US Army)
ALSAIS/LOP Second (SONET)
ALSAlternate Landing Strip
ALSApplication-Level Simulation (network security)
ALSAiding the Light to Shine
ALSAlpha Language School (Japan)
ALSAuthorized Long Supply
ALSAirone Launch Services
ALSAmerican Light-wave System
ALSAthena Language School (Greece)
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References in periodicals archive ?
Interruption by civil or military authority coverage: Provided for the actual loss sustained by the insured during the length of time when access to such described premises is specifically prohibited by order of civil authority as a direct result of covered damage.
In reversing the circuit court ruling, the Wisconsin Supreme Court turned to the wording of the applicable coverage form which, while it was a use and occupancy contract, was written on an actual loss sustained basis.
The base coverage incorporated "Property Damage Form 3000," which specifically excluded losses caused by "lack of incoming electricity, fuel, water, gas, steam or refrigerant caused by an occurrence off the locations described in this policy unless specifically endorsed herein." A series of endorsements were added to the base coverage, including a "Service Interruption Endorsement (Time Element)," which extended protection for "the actual loss sustained caused directly by the interruption of the specified incoming services during a period of service interruption." This endorsement contained specific exclusionary language specifying that the provision did not insure against "loss or damage caused by the interruption of incoming services caused by ...
The term selected to embody this concept was "actual loss sustained," meaning, in the view of the late Clyde Kahler, the highly regarded professor of insurance at The Wharton School of the University of Pennsylvania in Philadelphia, "the loss of earnings consequent to the peril insured against." In this simple concept, however, great complexity was embedded.
These arguments tend to sidestep the fundamental property insurance concepts of indemnity and actual loss sustained.
Reimbursement for the loss of net income is for "actual loss sustained." There is a misconception that business income insurance provides reimbursement for gross income.
Punitive damages are damages awarded over and above what will barely compensate for the actual loss sustained.
* Quantification: The insurer thinks that the claim overstates the actual loss sustained by the policyholder.
The third requirement is for an actual loss of business income since the ISO form is written on an actual loss sustained basis.
Most insurers provide coverage for the actual loss sustained during the time it takes to restore the policyholder's operations.
The key phrase in business interruption insurance policies, repeated many times, is "actual loss sustained." The intention is to make clear that the insurance policy is meant to indemnify the insured only for actual losses sustained under the policy's provisions.