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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When Is A Leak Not A Leak?
Recently, in Federal Bake Shop v. Farmington Cas. Co., No. 97-476 (Sup. Ct. N.H. July 16, 1999), the Supreme Court of New Hampshire reversed the trial court's dismissal of a declaratory judgment action, concluding that the cause of the loss, a ...
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When Is a Sales Commission Legally Earned?
It is not uncommon for sales representatives who experience transition in their careers, either voluntarily or otherwise, to close sales while in the company's employ but not get compensated for their successes. Whether compensation is purposely or ...
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When Is an Occurrence Not an Occurrence _ when it is A Breach of Contract
Although insureds and their lawyers may tend to disagree, it is axiomatic that not every type of loss is covered by insurance. Indeed, in order to obtain coverage for a particular loss under a standard liability insurance policy it must first be ...
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Who Is A Professional In Florida
In considering the class of persons to whom a two year statute of limitations for professional malpractice applies, the Supreme Court of Florida defined a profession as "a vocation requiring, as a minimum standard, a college degree in a specific ...
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Who Says Being A “Creep” Is An “Inherent Vice”? A Judge in New York
Recently, in ABI Asset Corp. v. Twin City Fire Ins. Co., No. 96 CIV. 2067 (S.D.N.Y. Nov. 18, 1997), the court granted the insurer's motion for summary judgment because the causes of the loss, which included creep, were specifically excluded by the ...
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Why You Want Full Tort Coverage
When your insurance agent asks if you want the Limited Tort Option on your vehicle insurance, respond with a firm "No!" If you have already selected Limited Tort, change your election, in writing, and advise your agent you want Full Tort coverage ...
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WI Supreme Court Expands UM Coverage
Hull v. State Farm Mutual Insurance Company, 222 Wis. 2d. 627 (Dec. 15, 1998). On December 15, 1998, the Wisconsin Supreme Courtheld that uninsured motorists' coverage applies to a vehicle which is uninsured, even if the driver of that vehicle is ...
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Wisconsin Court of Appeals Issues Two Important Insurance Coverage Decisions
The Wisconsin Court of Appeals recently released two significant decisions affecting insurance coverage in construction defect cases. The first, and more significant decision, Kalchthaler v. Keller Construction Company, discussed the ...
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Wisconsin Supreme Court Finds No CGL Coverage for Lead-Based Paint Claims
On July 9, 1999, in Peace v. Northwestern Nat'l Ins. Co., the Supreme Court of Wisconsin held that lead-based paint chips, flakes and dust are "pollutants" within the meaning of the absolute pollution exclusion clause in a commercial general ...
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Wisconsin Supreme Court Finds No Coverage in A Misrepresentation Case
On June 22, 1999, in Smith v. Katz, the Wisconsin Supreme Court held the West Bend Mutual Insurance Company ("West Bend") did not have a duty to defend or indemnify its insured, Philip A. Giuffre, for strict responsibility and negligent ...
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