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Insurance Company Favorite: The “Loss Adjustment Expense”
As you’re evaluating your company’s liability insurance program for 2015, consider closely the application of the policy’s deductible. Specifically, take a look for any endorsement that defines...
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RECENT CASE LAW ILLUSTRATES IMPORTANCE OF WORDING FOR “FINAL ADJUDICATION”...
Directors and officers and management and professional liability policies generally contain so-called “conduct exclusions,” which exclude coverage for deliberate fraud, willful violation of a statute,...
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PENNSYLVANIA HIGH COURT EXPANDS CIRCUMSTANCES UNDER WHICH INSUREDS MAY SETTLE...
Liability policies often contain a “cooperation clause” pursuant to which an insurer who has agreed to defend an insured from an underlying lawsuit purports to have the right to approve any settlement...
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Property Damage Coverage Covers More Than Property Damage
Carriers employ many time-tested strategies to eliminate, or at least limit, their liability for covered claims. Policyholders must know their rights, and understand that the law is often on their...
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