line of business
Defined in 1 place of the United States Code.
The term “line of business” means a category for the reporting of loss payment patterns determined on the basis of the annual statement for fire and casualty insurance companies for the calendar year ending with or within the taxable year, except that the multiple peril lines shall be treated as a single line of business.
Source
- 1994–present26 U.S.C. § 846Internal Revenue Code · Discounted unpaid losses defined · for purposes of this section