Insurance litigation is a branch of civil law that involves the legal proceedings and disposition of insurance-related matters. Insurance litigation is primarily composed of disputes between insurers and policy holders, and in that capacity, encompasses everything from asbestos litigation to discrimination ...
Abstract: Over the past 30 years, the tax treatment of insurance premiums paid to captive (i.e., subsidiary) insurance companies has generated considerable controversy and litigation. In this article, we propose a new definition of insurance that is motivated by a careful analysis of the issues...
Although the words may be used to describe other types of claims, the term "claims litigation" is generally used to refer to disputes that arise between an insurance company and its insured, or between an insurance company and someone who was injured by an insured. Insurance companies have an...
Declaratory relief is also sought commonly in cases where there is a dispute in regards to whether an insurance policy provides a given type of coverage or not. For example, a policy may contain an exclusion for "unnatural events" but the policy may not fully and clearly define unnatural even...
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Settlement litigation can be a good option for the defendant if he believes he is likely to lose the case, as he may then have a greater degree of control over how much money is given to the plaintiff. Settlement litigation can also be a good option for a plaintiff, as the plaintiff re...
What is not covered by personal liability coverage? Your liability insurance won’t protect you from everything. If you’re doing something against the law, like selling illegal drugs or abusing someone else, the liability portion of your home insurance won’t help you. ...
Liability insurance is the most basic form of auto coverage. If you cause an accident, it pays for the other driver's expenses, whether that's medical care or repairs to their car or. It doesn't pay for repairs to your own car, however — that requires comprehensive or collision coverage...
Legal risk mitigation focuses on minimizing risks associated with non-compliance, legal disputes, and litigation. This may include conducting regular compliance audits, investing in legal counsel, and implementing procedures to minimize legal disputes. Conclusion Risk mitigation is a crucial aspect of any...
White-collar crime is a nonviolent crime characterized by deceit to obtain or avoid losing money, or to gain a personal or business advantage.