Genesis Healthcare System says four insurance contracts could end Jan. 1 as it disputes 9,000 denied claims and seeks new ...
Economic uncertainty in the midst of a global pandemic may lead to insured losses for some organizations. They’ll likely need a thoughtful process for identifying and pursuing claims. Closures, ...
Ocean carriers in the United States can offer enhanced indemnity agreements beyond COGSA's $500 liability limit without ...
In Part 1 of this series, we introduced the Federal Acquisition Regulation’s (FAR) approach to insurance and risk allocation in federal procurement, with a focus on FAR Part 28 and the ...
At first glance, some people may not see the similarities between the insurance and legal industries, but their impact and extension into every area of the economy cannot be denied. More than that, ...
In Part 1 of this series, we introduced the Federal Acquisition Regulation’s (FAR) approach to insurance and risk allocation in federal procurement, focusing on FAR Part 28 and the insurance-related ...
For years, newly organized reciprocal insurers were few and far between and were not the preferred vehicle for new entrants to the insurance space. In fact, at one time, a prominent state insurance ...
Risk allocation is a fundamental principle in commercial contracts. Each party seeks to minimize its risk while maximizing its reward. Often, the more one party’s risk decreases, the more the other ...