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 ...

LONDON, England, March 15 (TNSrpt) -- The International Bar Association issued the following news release: The International Bar Association (IBA) Bar Issues Commission Policy Committee and the IBA ...

In Swift 1st Ltd v Chief Land Registrar [2014] All ER (D) 12 (February), Bimla Rani Sunsoay was the registered proprietor of 15 Elmstead Road in Ilford, Essex. In June 2006, after receiving a mortgage ...

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 ...

What is Indemnity: From health insurance claims to business contracts and day‑to‑day financial decisions, indemnity is one of those concepts that quietly protects people without them even noticing. It ...

In a decision with major implications for contractual indemnity provisions, the Supreme Court of Ohio recently ruled that an indemnity provision in a contract essentially abrogates any common law ...

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 ...

If left unchallenged, the judgment will have far-reaching consequences for the insurance industry, insurers will be required to plead and prove both subrogation and legal standing when enforcing their ...