Businesses can carry out activities that run the risk of damaging employees, suppliers, customers or third parties. Such risks can be due to the carelessness of employees, product defects, breach of ...

While no one likes to pay more in insurance premiums than they have to, a fundamental principle of insurance is that, in the end, there must be enough premiums (plus growth) to cover potential future ...

Indemnification of the policyholder is a core principle of the property insurance industry. A similar principle holds that the policyholder shall be “made whole” but not put in a better position than ...