Craig Fugate, the administrator of the Federal Emergency Management Agency, will testify at a U.S. Senate Banking Committee hearing regarding NFIP premium increases.
Here, we examine typical policy language and the legal implications associated with the duty to defend an insured. What happens when the complaint includes other allegations obviously excluded by the policy?
Here, we examine typical policy language and the legal implications associated with the duty to defend an insured. What happens when the complaint includes other allegations obviously excluded by the policy?
There may still be individuals and businesses whose claims may not be paid or fully satisfied. These parties will likely then turn to their insurance policies for compensation. The FC&S staff analyzed how various lines of business could respond.
