In soft markets, commercial clients should take savings from reduced premiums and use them to their enhance insurance ...

A hold harmless agreement releases a party from the consequences of another's actions. Learn how and when to use a hold ...

USDA’s SDRP Stage 2 shallow-loss formula relies on spring prices, often missing real harvest-time revenue losses for insured ...

In everyday language, Indemnity is equivalent to money paid to cover actual damage caused by accidents, theft, legal claims, professional mistakes or other covered events.

There’s been a lot of talk in the press about the struggles architects have in buying professional indemnity insurance (PII), both around suitable levels of coverage and price point. Much of that has ...

Agricultural risk management is undergoing a transformation as new technologies and alternative insurance models emerge to address longstanding challenges in the sector. With evolving data sources and ...

Fixed indemnity plans pay you a set amount if certain medical situations happen, like getting a critical illness or breaking a bone. You might have a plan that gives you $100 per day if you're in the ...

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 ...

Warranties, indemnities, and exemption clauses can provide contractual assurance and protection to businesses when things go wrong. These contractual protections are important concepts, and can be ...

Although indemnifying policyholders following an insured event is the principal premise of insurance, insurers, brokers and MGAs alike are taking greater interest in risk mitigation and prevention ...

Hotel management agreements, like other commercial contracts, often contain clauses apportioning liability among the parties for potential losses or damages arising out of specific events or actions.

Although the majority of legal professionals are now enjoying ‘favourable’ PI premiums, ‘smaller firms and firms doing property work still face challenges’ finding affordable cover The solicitors’ ...