That portion of a policy's premium that applies to the expired portion of the policy. Although insurance premiums are often paid in advance, insurers typically earn the premium at an even rate throughout the policy term. More Risk Finance and Captives Information from IRMI.
Explorer 1 became the first successfully launched satellite by the United States when it was sent to space on January 31, 1958. A quick response to the Soviet Union's launch of Sputnik 1, Explorer 1's success marked the beginning of the U.S. Space Age.
John Glenn, a symbol of the space age as the first American to orbit Earth, sat down with John Schwartz in 2012 â the 50th anniversary of his flight â to talk about making history and that âbeautiful view.â. 1  By ERIK OLSEN, JOHN SCHWARTZ and TAIGE JENSEN on Publish Date December 8, 2016.