The Seventh Circuit said Great West failed to show that any court had ever recognized a super excess tier of coverage. The result: Great West will pay roughly one-third of defense and liability costs ...
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In Amerisure v. Selective, the Second Circuit held that the subcontract terms governed the additional insured question while the other insurance clauses in the insurance policies governed the priority ...
Insurance policies are filled with clauses that can significantly impact your finances, often without you realizing it. Understanding these clauses can help you make informed decisions and potentially ...
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What Is a Coinsurance Clause in Business Insurance?
You'll likely find a coinsurance clause in your commercial property insurance policy. This clause outlines how much insurance coverage you must carry in relation to the replacement cost of your ...
Learn how buyout settlement clauses in insurance contracts work, giving policyholders options to accept or reject settlement ...
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