The rules are completely different for marine insurance contracts. Warranties play a far greater role in the evaluation and application of marine insurance policies.

Insurance companies won't insure against every possible risk. Most providers only cover pure risks, as opposed to speculative risks. Pure risks embody most or all of the main elements of insurable ...

Some contracts may include penalty clauses, but Michael Fortney of Fortney & Klingshirn, an attorney specializing in construction law in Ohio, states penalty clauses are difficult to enforce.

While specific language varies according to the type of contract, almost every contract addresses specific legal aspects of business as standard elements.

Parties to an insurance contract are expected to have a consensus adidem (meeting of minds) prior to consummation of the contract aside other elements of a valid contract.

The subscription of a vehicle insurance contract is compulsory, for any vehicle in circulation.

Understand that you are responsible for any and all elements of insurance contracts after you have signed it -- be specific and detailed about the risks that you need cover for and get the agent ...

The country’s economy has been around for as long as trade between people began, insurance quickly formed part of the ...

June 28, 2018 US Supreme Court Applies Long-Standing Contracts Clause Analysis To Uphold Statutory Change To Insurance Contracts Peter Mixon Nossaman LLP + Follow Contact ...

Explore the elements of insurable risk: due to chance, measurable and definite, predictability, noncatastrophic, random selection, and large loss exposure.