Laws & Regulations

Tenth Circuit Affirms Vehicle-Specific Auto Insurance Policy Limits
Regulatory & Compliance Tenth Circuit Affirms Vehicle-Specific Auto Insurance Policy Limits

The recent decision by the United States Court of Appeals for the Tenth Circuit has drawn significant attention within legal and insurance circles, as it sets a precedent regarding vehicle-specific auto insurance policy limits. This ruling, stemming from the case of Scott v. Nationwide Agribusiness

Which Insurer Pays First in Car Repair Incidents?
Regulatory & Compliance Which Insurer Pays First in Car Repair Incidents?

The insurance claim process in car repair incidents can be a tangled web of complexities, where understanding which insurer shoulders the financial burden first is crucial. This has become increasingly significant as burgeoning technologies and evolving ownership paradigms reshape the landscape.

Can Insurers Escape Liability in Construction Contracts?
Regulatory & Compliance Can Insurers Escape Liability in Construction Contracts?

Understanding the liability of insurers in construction contracts has become increasingly complex. A prominent case involving Silverite Construction Company and Westchester Fire Insurance Company sheds light on the intricate issues at play. Silverite sought a $7 million claim from a surety bond

Court Dismisses Insurance Claim for COVID-19 Business Losses
Regulatory & Compliance Court Dismisses Insurance Claim for COVID-19 Business Losses

Imagine a bustling enterprise faced with an unprecedented situation—a global pandemic halting its operations overnight. The business world roared into a frenzy as COVID-19 unleashed economic constraints, forcing companies to seek avenues for financial relief. Enter the world of insurance policies,

Is Liberty Mutual Liable for Vehicle Storage Fees?
Regulatory & Compliance Is Liberty Mutual Liable for Vehicle Storage Fees?

A significant legal ruling has captured attention as the Massachusetts Supreme Judicial Court determined that Liberty Mutual Insurance is not liable for $118,290 in vehicle storage fees. This decision stems from a complex case involving a fatal accident in Newton, Massachusetts, underscoring

Are Lapses in Security Systems Costly for Insurance Claims?
Regulatory & Compliance Are Lapses in Security Systems Costly for Insurance Claims?

In today's unpredictable economic climate, the relationship between advanced security systems and insurance claims is becoming increasingly intertwined. As businesses increasingly depend on insurance to mitigate financial losses, there is a growing focus on enhancing security measures to meet

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