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INSURANCE COVERAGE &
Can an Insurance Adjuster Who is to be Compensated on a Contingent Fee Basis Serve as a Disinterested Insurance Appraiser?
Appraisal provisions are included in commercial and personal property insurance policies as a means of resolving disputes between an insured and an insurance company over the amount of a covered loss. Appraisal proceedings are similar to an arbitration proceeding, in...
Corporation’s Directors and Officers Not Covered for Related Claims Not Reported Under Earlier D&O Liability Policy
The Seventh Circuit Court of Appeals recently affirmed an insurance company’s denial of a claim for coverage under a directors and officers liability insurance policy when the company and officers did not notify the insurance carrier of an earlier claim against the...