A liberalization clause in insurance adjusts your policy as laws change, ensuring continued compliance without extra cost.
Discover how extra-contractual obligations clauses in reinsurance impact insurers and reinsurers, covering expenses due to ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
The United States District Court for the Eastern District of Michigan, applying Michigan law, has held that irreconcilable “other insurance” provisions in two polices, each with a concurrent duty to ...
Virtually all insurance contracts contain a "cooperation clause" among the standard policy provisions. The clause places an affirmative duty on an insured to assist its insurer in the investigation ...
Tuesday’s argument in Great Lakes Insurance v. Raiders Retreat Realty offers a breather between the divisive disputes about the CFPB and voting rights topping the headlines at the advent of the ...
Statutory legislation and administrative regulations, all as construed by our courts, have over the decades promulgated, and interpreted, insurance coverage as an instrument of social good. Coverage ...
U.S. life insurance firms, their best crop of prospects now earmarked for military service, last week broke out in a rash of war-risk clauses in all new policies. Anything but uniform, the clauses all ...
Lloyd’s of London has released four new Cyber War and Cyber Operation Exclusion Clauses. Insurers have been quickly adapting to the rapidly changing cyber landscape. What was initially a very ...
If a spouse is added to a car insurance special clause to allow them to drive the vehicle, your own car insurance premiums may still increase even if the spouse causes an accident alone. On the 14th, ...
The only clause that is required in all contracts is the correct identification of the College: The College shall be identified as The Trustees of Smith College in all agreements and contracts.
The New York Convention typically requires U.S. courts to enforce written arbitration agreements covering international disputes, including arbitration clauses in contracts with foreign entities. 1 ...