Indemnification of the policyholder is a core principle of the property insurance industry. A similar principle holds that the policyholder shall be “made whole” but not put in a better position than ...

Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

“Let’s leave that to the lawyers.” It’s a familiar refrain that I hear often as contract negotiations drag on between parties. After the primary deal points in a contract have been agreed upon, many ...

Indemnity insurance is a foundational component of modern risk management strategies, protecting individuals and organizations against the financial consequences of liability. This form of insurance ...

Though film scholars enjoy tossing around the term “film noir” to describe any number of dark and dangerous black-and-white movies from the early 1930s (in Europe) to the late 1950s (in Hollywood), it ...

As much as this may stretch your imagination, as unlikely a scenario as it may seem, say you mess up. Big time. You left the barn doors of some commercial transaction open and not only are the cows ...

In the field of insurance, the principle of indemnity is to restore the insured to the same financial condition as before a loss. With workers' comp, indemnity describes payments made to an injured or ...

In merger and acquisition (“M&A”) transactions, the definitive purchase agreement (whether asset purchase agreement, stock purchase agreement, or merger agreement) typically contains representations ...

For the second time in less than a week, a federal district court in the District of Columbia has rejected the administration’s position in a lawsuit involving the Affordable Care Act. Central United ...

Fixed indemnity insurance is an “excepted benefit.” Excepted benefits were recognized by amendments adopted in the Health Insurance Portability and Accountability Act of 1996 (commonly known as HIPAA) ...