4insure |
| Posted: 14 Mar 2012 09:23 AM PDT Tort law as applied to US auto insurance covers the harm that one party visits on another either by intention or by accident, for which legal damages may be sought. Intentional Tort In US auto insurance this will always involve a situation in which the defendant of the lawsuit's actions were subject to substantial certainty [...] Post from: 4insure |
| Posted: 14 Mar 2012 09:21 AM PDT The stop loss as defined in insurance policies is the point at which an insurance company has paid out the full value of the policy and no further claims can be applied against this insurance policy. It is important to note that in the case of most insurance policies where premiums are paid monthly but [...] Post from: 4insure |
| Posted: 14 Mar 2012 09:20 AM PDT Subrogation is the principle that allows an insurer to recover the expenses that it has paid out on a claim from a 3rd party. It enables the insurer to take over the legal obligation of the injured party and pursue the right to legal remedy on their behalf. This requires an agreement between the insured [...] Post from: 4insure |
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