Insurance
This is FindLaw’s collection of Insurance articles, part of the Corporate Governance section of the Corporate Counsel Center. Click on the articles below to learn about defense perspectives in bad faith claims and steps to take if you are the victim of an auto accident. Every year thousands of automobile accidents cause severe personal injuries and/or property damage. By acting promptly and responsibly, you can protect yourself and your family against lost wages and overwhelming medical bills. Law articles in this archive are predominantly written by lawyers for a professional audience seeking business solutions to legal issues. Start your free research with FindLaw.
Corporate Governance
Insurance Articles
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Estoppel of the Right to Demand Proof of Loss
CONCLUSIONTOP In the last issue of IDC Quarterly, we examined circumstances which causes the waiver of an insurer's right to demand from its insured a Sworn Statement in Proof of Loss. In this article we examine the loss of such rights from the ...
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Evaluation and Management of Insurance Coverage Against Intellectual Property Claims
It is an event that all corporate risk managers dread. An envelope arrives at your office that contains a letter accusing your company of infringing on various intellectual property rights of the sender. Or worse yet, the envelope contains a lawsuit ...
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Examination Under Oath: “Not Just Another Deposition”
CONCLUSIONExperienced lawyers who approach their first examination under oath as they would a discovery deposition typically find themselves in for a sudden shock. In such cases, the attorney representing the insured may find himself less than ...
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Failure To Disclose Policy Limits Exposes Liability Carrier To An Excess Judgment, Even Without A Policy Limits Demand
The California Court of Appeal recently broke new ground, allowing exposure to a judgment in excess of policy limits without any settlement demand, let alone one within policy limits. The court held that an insurer had a duty to contact the ...
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Failure To Read Policy Does Not Make Insured Contributory Negligent
In Johnson & Higgins of Pennsylvania, Inc. v. Hale Shipping Corporation, 121 Md. App. 426 (1998), the Maryland Court of Special Appeals held that Hale Shipping Corporation ("Hale Shipping") relied on Johnson & Higgins, a marine insurance broker, and ...
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Family Law Update
On October 1, 1997, new rules pertaining to domestic relations matters (divorce) went into effect. One of the most important new rules is found in Practice Book section 1204. This rule sets forth automatic orders that will be applicable to every ...
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Federal Health Care Law To Impose New Requirements on Employers and Insurers
In August of 1996, Congress passed, and President Clinton signed into law, the Health Insurance Portability and Accountability Act of 1996 ("HIPAA"). Originally proposed as the Kennedy-Kassebaum Bill, HIPAA was advertised as embodying a modest ...
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Fifth Circuit Update
Interpretation of Insurance Policies -- "Professional Services Exclusion" Potomac Ins. Co. v. Jayhawk Med. Acceptance Corp., No. 99-10560 (5th Cir. Jan. 4, 2000).Jayhawk is a company that provides financing for elective surgeries and refers clients ...
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Fire And Ice
In May of 1994, Ratliff Enterprises' Arkansas ice manufacturing plant was damaged by a fire and an explosion. An ammonia filter on an icemaker had ruptured accidentally, causing liquid ammonia to escape, vaporize, and enter the icemaker's electrical ...
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Firm Ownership and Succession for Design Professionals
Proper structuring of the Design Professional's operating business entity can streamline management, provide for the owners' orderly succession and can minimize both income and estate taxes. The firm should have a clear understanding of its and the ...
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