Insurance News
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What Future Risks Worry Insurance Companies?
September 23, 2022
Here are the top five future risks troubling the reinsurance companies of the world, according to Swiss Re — reinsurers are the ones that back up the primary insurance companies who actually put their names on the policies (the retail insurers). Legal tech — is AI rendering justice? Over the past decades, AI in law […]
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Is Your Website Discriminatory?
September 16, 2022
Does your website violate the Americans with Disabilities Act (ADA) because it is not maintained in a manner accessible to blind or visually impaired people? As most employers know, Title I of the ADA, which applies to all employers, public and private, that employ 15 or more individuals, prohibits discrimination against individuals with disabilities in […]
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What is Environmental Liability Insurance?
August 25, 2022
Standard business general liability (GL) policies provide little coverage for pollution damage, including toxic spills like the one in West Virginia in 2014. Today most companies that store or handle potentially toxic materials purchase a separate environmental liability policy. These policies cover the exposure that the GL policy excludes. Property owners purchase environmental impairment liability […]
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Why Did I Get a “Reservation of Rights” Letter?
August 11, 2022
Your organization has just been sued, and you’ve notified your liability insurer. Then you receive a reservation of rights letter. Here’s what it means and what to do. The insurance reference resource Practical Risk Management defines a reservation of rights as “an insurer’s notification to an insured that coverage for a claim may not apply. […]