Learn how buyout settlement clauses in insurance contracts work, giving policyholders options to accept or reject settlement offers and manage claims independently.

States are becoming increasingly hesitant about complying with the Patient Protection and Affordable Care Act (PPACA) by implementing a health insurance exchange. As a result, some are including ...

Learn how an aggregate extension clause groups small business losses into single claims, explore its advantages, and see practical examples in reinsurance.

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 ...

Col Fullagar takes a look at insurance clauses and explains why insurers need to offer greater clarity to customers. The catch-cry of too many an insurance client is “the big print giveth and the ...

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 ...

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 ...

It’s a new year, and if you are a business owner leasing space, this is the perfect time to pull out your lease agreement and review the insurance clause, especially the fire damage legal liability.

The Connecticut General Life Insurance Co. last week announced that it was reinstituting the war risk clause (no payment for death in military action or travel). It will write the clause into all new ...