It’s no surprise given the penetration of artificial intelligence into lives and businesses that it appears insurers are gearing up...
policy language News
For years, many businesses have operated under the assumption that their general liability (GL) policy might offer a safety net...
An Indiana church seeking payment at replacement-cost level for fire damage to its property learned the hard way that procrastination...
Insureds cannot rely on the word of an insurance adjuster—even one hired by the insurer—to show that a homeowners’ policy...
In a well-reasoned recent opinion, an Illinois appellate court strictly construed a cyber policy, ruling that reasonable—but contractually unnecessary—payments made...
Written words have an intended meaning. Fair-minded readers try to grasp that meaning. But other readers impute motives to the...
Hurricane Katrina made landfall on August 29, 2005, with the eye of the Category 3 hurricane centered on Bay St....
Twenty years after Hurricane Katrina swamped parts of Louisiana and Mississippi, the property insurance sector is better prepared for another...
Along with analyzing risk, a risk manager’s core function is to offload as much risk as possible as cost-effectively as...
Deductibles serve several purposes. They provide some premium relief for the insured. They make insureds less likely to file smaller...