The American Bar Association has released its first update in 10 years of 'The Law of Commercial Surety and Miscellaneous Bonds,' a reference book for practitioners, underwriters and claim professionals working in commercial surety.

An insurance carrier seeking recourse for an insured's allegedly fraudulent claim had to prove the insured acted with fraudulent intent in submitting the claim.

A homeowner claimed her reliance on a false claims estimate was unintentional even after admitting her cabinets had been damaged by a separate event.

An assignment of benefits permits a third-party, like a roofer, to "stand in the insured's shoes" and go after the insurer for direct payment, but homeowners don't always realize what, precisely, signing an AOB means.