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Air India Crash Seen Triggering $475 Million in Insurance Claims

Insurance Journal

India’s deadliest plane crash in more than decade is set to send shock waves through the aviation insurance industry and trigger one of the country’s costliest claims, estimated at around $475 million. “This aviation insurance claim could be one of …

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Why One Man’s Lies Cost a Business $1.96 Million in Insurance: Understanding the Innocent Insured Doctrine

Property Insurance Coverage Law

A decision last week reinforces a harsh reality for policyholders who conduct business through corporations or limited liability companies: if the person or officer controlling the company commits fraud in the course of an insurance claim, the insurer can usually deny coverage not just to that wrongdoer, but to the entire business.

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Kentucky Auto Insurers Must Use Blue Book or J.D. Power on Vehicle Values, DOI Says

Insurance Journal

Auto insurers in Kentucky now have some official guidance and liability protection when determining the value of wrecked vehicles. In keeping with Senate Bill 136, approved on an emergency basis by state lawmakers this year, the Kentucky insurance commissioner last …

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New Triple-I Issue Brief Puts the Spotlight on Georgia’s Insurance Affordability Crisis

Triple-I: Homeowners Insurance

Tort reform is discussed as a legislative solution to the challenge of legal system abuse excessive policyholder or plaintiff attorney practices that increase costs and time to settle insurance claims. Rising claim frequency and litigation costs put coverage affordability and availability at risk.

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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

– Data Breach Insurance : Critical for technology-reliant businesses, protecting against cyber risks. – Environmental Liability Coverage : Particularly useful for businesses dealing with hazardous materials, covering clean-up costs from damage caused by pollution. Non-compliance can sometimes void insurance claims.

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Blog Post: You Thought You Were Covered? That’s Adorable.

LexisNexis

Take a strategic look at the high-stakes standoff that unfolds between insurers and insureds when underlying liability claims hit—and everyone pretends it’s someone else’s problem. Practical Guidance Updates Featuring the latest updates from your Practical Guidance account.

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Blog Post: From Boilerplate to Blueprint: The Secret Life of Standard Insurance Policy Forms

LexisNexis

Read now » Related Content Standard Insurance Policy Forms Fundamentals Checklist Peruse this overview of standard insurance policy forms to build your understanding of their history, nature, and purposes. Practical Guidance Updates Featuring the latest updates from your Practical Guidance account.