W
WA - with average (an ocean marine policy provision that covers partial loss of below deck cargo on the same basis as a total loss, that is, for partial damage or partial loss to the cargo caused by the same perils (causes of the loss) and regardless of what percentage of the total insured value is damaged or lost)
WA 3% - with average 3 percent (an ocean marine policy provision that eliminates coverage for partial loss of below deck cargo amounting to less than 3 percent of the insured value)
WACC - weighted average cost of capital (the sum of the required market returns of each component of corporate capitalization, weighted by that component's share of the total capitalization)
WAEPA - Worldwide Assurance for Employees of Public Agencies
WARN - Worker Adjustment and Retraining Notification Act (federal law, effective February 4, 1989, that requires company notification of employees prior to laying them off or closing a plant or an office)
WC - workers' compensation (term commonly used to refer to either 1) a schedule of benefits payable to an employee by the employer without regard to liability, required by state law in the case of injury, disability, or death, as the result of occupationl hazards, or 2) the insurance system, established under state law, which provides for employer payments to employees (or their families) for injuries (or death) arising from accidents or occupational disease which are job related)
WCLA - Workers' Compensation Claim Law Associate (claims law specialist designation which requires successful completion of a self-study program)
WCLS - Workers' Compensation Claim Law Specialist (claims law specialist designation which requires successful completion of a self-study program)
WCRI - Workers Compensation Research Institute ()
WLRT - Women Leaders Round Table ()
WMD - weapon(s) of mass destruction (chemical, biological, radiological, and nuclear weapons that can cause damage, destruction, or contamination over a wide area, or inflict sickness, death, or injury on a large number of people)
WP - Waiver of Premium (in the life insurance area, action by an insurance company canceling premium payments by an insured who has been disabled for at least six months)
WPA - with particular average (an ocean marine policy provision dealing with partial losses of below deck cargo - ocean marine policies do not necessarily cover partial losses)
WYO - Write-Your-Own Program (a program available under the National Flood Insurance Program (NFIP) that allows participating insurers to issue NFIP flood insurance policies, in contrast to policies issued directly by the NFIP - the NFIP reinsures 100 percent of the coverage)