By having a dangerous fire set, an insured gets convicted and faces a long sentence.
Insurance company insolvencies bring multiple statutory provisions when state insurance guaranty associations are triggered. One such provision that insureds, claimants, agents and attorneys should be aware of is the "Net Worth Exclusion". A brief summarization of the model act general provisions and examples are discussed in this article.
"Just because the act of using an illegal substance is purposeful does not mean that an injury stemming from that act, including a fatal overdose, was too," said the unanimous opinion.
The definition of insurance fraud and penalties as listed in Maryland statutes.
Can an intentional act be considered an accident in certain circumstances?
A summary of the Florida insurance department memorandum advising insurers of new regulations.
Backers said it would lower insurance rates and improve business outcomes for small trucking companies. Opponents said it would deny plaintiffs valid procedural claims.
When property is kept in a storage unit, what coverages apply?
A Florida appellate court issued a few rulings clarifying when and how lawyers can charge fees while an insurance claim is being investigated.
"The trial court found that the plaintiffs satisfied their burden of establishing ... that the false imprisonment arose out of the defendant's business pursuits, and that the business pursuits exclusion bars coverage," the opinion said.