Joint and Several Liability Insurance Coverage Explained
Joint and Several Liability Insurance Coverage Explained Joint and Several Liability def: A legal doctrine applying in some jurisdictions that allows an injured person to sue and recover from any one or more of several wrongdoers at his or her option, regardless of that wrongdoer’s degree of negligence. The injured party cannot receive double compensation but […]
Class Action Insurance
Class Action Insurance: What Businesses Need to Know About Protecting Themselves From Class Action Lawsuits Class Action Insurance is not a single insurance policy. It is a practical phrase people use when they want to know whether their business insurance can respond to a class-action lawsuit. The better answer is this: class-action risk is usually […]
Indemnity Is the ALIGNED Term of The Day
Indemnity Is the ALIGNED Term of The Day Click Here For An Insurance Quote or Call us toll free at 1-866-287-0448 Indemnity def: Restoration to the victim of a loss up to the amount of the loss. Indemnity Explained Indemnity is often used as a synonym for compensation or reparation. All three can be construed as obligations to act […]
Property & Casualty (P&C) Insurer Results
Property & Casualty (P&C) Insurer Results Click Here For An Insurance Quote or Call us toll free at 1-866-287-0448 ALIGNED Insurance is pleased to share the MSA Property & Casualty (P&C) Insurer 2013 Year End Results Report. This document is an excellent summary of many Property & Casualty insurers key performance indicators (KPI)‘s including: underwriting income, net investment […]