| Aviation Insurance |
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| Aviation Liability CoverageMore... |
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| The Distinction Between an Insurance Agent and an Insurance Broker |
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| Insurance agents act on behalf of one or more insurance companies. That relationship between the insurance agent and the insurance company provides authority for the agent to act for and bind the insurance company. Insurance brokers, on the other hand, represent insurance purchasers rather than insurance companies even though insurance brokers may receive their commissions from insurance companies. Insurance brokers do not have authority under principal-agent or employer-employee theories to bind the insurance companies that provide the policies insuring companies or individuals. More... |
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| Captive Insurers |
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| A captive insurer is captive in the sense that it is owned and operated by the insured. There is a point at which it makes economic sense for a company to establish and operate its own insurer as part of the company's risk management program rather than pay premiums to independent insurers.More... |
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| No-Fault Automobile Insurance |
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| No-fault insurance provides coverage for an insured's injuries or damages up to the policy limit regardless of whether the insured or another driver was at fault. More... |
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| "Accident" in Insurance Policies |
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| Life and health insurance policies provide coverage upon an insured's death or injury. Some policies stipulate that the death or injury be by "accident" or "accidental means" or that it be an "accidental result." However, many issues arise in determining the difference, if any, among these terms.More... |
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