Understanding Underinsured Motorist Coverage6/17/2008 UIM Laws Vary
Most states have laws that provide underinsured motorist ("UIM") insurance, which allows the insured to recover damages if he or she is involved in an accident and the driver responsible for those injuries doesn't have...
(0 comments) A FEMA Primer6/17/2008 The Federal Emergency Management Agency, or FEMA, is tasked with responding to, planning for, recovering from, and mitigating against disasters, both natural and man-made. When a disaster, such as Hurricane Katrina, goes beyond state or local capacity to...
(0 comments) Understanding Reinsurance5/28/2008 Reinsurance is insurance that an insurer purchases to protect itself against exposure to large risks. The reinsurance process helps insurance companies spread and share risk against catastrophic loss. By spreading risk, reinsurance allows the insurance industry...
(0 comments) Environmental Insurance Update1/30/2008 The owner of a real estate portfolio buys environmental insurance for all of the properties in the portfolio at an attractive price to protect against future environmental problems. A seller is able to close a deal by paying a one-time premium for environmental...
(0 comments) Download MS Word DocumentReal Estate Insurance1/30/2008 "We will send that to the Insurance Department." "Let's let the brokers discuss the insurance." These comments comprise the typical discussion when it comes time to analyze the insurance provisions in commercial loan documents and other...
(0 comments) Download MS Word DocumentClass Action Annuity Litigation1/30/2008 The sale of various forms of annuity contracts as retirement, insurance and savings products has been a staple in the financial world for more than a century. Indeed, when the Securities Act of 1933 was enacted, Congress was faced with the question of whether...
(0 comments) Could you repeat that, please?1/30/2008 Just starting out in the Insurance Law field? A basic knowledge of the terms of art is key to impressing your client or managing partner with your ability to handle Insurance Law matters competently. Read on for a quick primer!
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