December 2011 Dec Page

 

Article of the Month

In terms of insurable liability, there are several ways that the insured can become legally obligated to pay damages: through negligence; through statute; and through assuming liability. Assumed liability, including assuming the liability of another, is the subject of this month's article of the month. The Contractual Liability Exposure discussion offers information on the legal basis of contractual liability, along with data on insured contracts and contractual liability insurance.

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