Learn how buyout settlement clauses in insurance contracts work, giving policyholders options to accept or reject settlement ...

Learn how an aggregate extension clause groups small business losses into single claims, explore its advantages, and see practical examples in reinsurance.

States are becoming increasingly hesitant about complying with the Patient Protection and Affordable Care Act (PPACA) by implementing a health insurance exchange. As a result, some are including ...

The New York Convention typically requires U.S. courts to enforce written arbitration agreements covering international disputes, including arbitration clauses in contracts with foreign entities. 1 ...

The Ohio Court of Appeals, applying Ohio law, has enforced an employment practices liability (“EPL”) carrier’s “other insurance” clause, holding that the insured’s commercial general liability (“CGL”) ...

A bill introduced Thursday by House Democrats would prohibit forced arbitration clauses in health insurance contracts that prevent customers from suing over denied claims. These clauses require ...

Col Fullagar takes a look at insurance clauses and explains why insurers need to offer greater clarity to customers. The catch-cry of too many an insurance client is “the big print giveth and the ...

Many insurance policies contain a clause that can cause problems for you in difficult times. This clause is commonly referred to as a material change clause. According to this, the company can make ...

U.S. life insurance firms, their best crop of prospects now earmarked for military service, last week broke out in a rash of war-risk clauses in all new policies. Anything but uniform, the clauses all ...

The Connecticut General Life Insurance Co. last week announced that it was reinstituting the war risk clause (no payment for death in military action or travel). It will write the clause into all new ...

High Court has held that hidden exclusion clauses cannot be permitted by the Insurance Company to defeat the legitimate and ...