In Roehl Transport, the
insured brought a bad faith action against its liability insurer, alleging that the insurer mishandled the claim and failed to settle the claim for substantially less than the amount awarded at trial despite the opportunity to do so.
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The 2010 edition introduces a trust as a category of
insured status.
The president of the company favors a comprehensive approach and thinks any auto that the company owns, hires, borrows, or uses in its business should be
insured. The company treasurer notes that the company acquires new autos occasionally, but he does not always have the time to report these new cars to the insurer.
In the liability arena, policies are pay-on-behalf-of, as is evident from the CGL Coverage A insuring agreement's pledge to "pay those sums the
insured becomes liable for."
Conversely, if the Replacement/Re-Instatement is not completed within 12-months of the destruction/damaging of the
Insured Machinery/Property, the
Insureds' Claim would be considered for Assessment/Adjustment of the Loss under the terms and conditions of Normal Fire Insurance Policy and the Costs, inclusive of the afore-mentioned Levies/Expenses applicable through the Replacement/Re-Instatement of the Destroyed/Damaged Machinery/Property would not be taken into account.
Question:The
insured's father cosigned the mortgage and was placed on the policy as an additional
insured per form HO 04 41.
Indeed, the discrepancy between average
insured value and average cost at UAE dealerships is nowhere near as stark when it comes to common SUVs and saloons - generally considered to be lower-risk vehicles.
"Accidental discharge" is defined as the firing of a firearm, air gun, or bow and arrow when the
insured did not intend to fire.
If your camp is a tenant, your lease with the owner/landlord most likely requires additional
insured status for the landlord.
The court reasoned that the insured-vs.-insured exclusion may not apply to such claims because they are based on the rights of those not
insured under the D&O policy.
Barbadian singer Rihanna
insured her legs for $1 million after being presented in 2007 with the Venus Breeze ''Celebrity Legs of a Goddess'' award by Gilette."We work on the arms.
