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Developers rushing to get projects off the ground can face significant risks without developing clearly defined indemnity clauses at the outset. Indemnity clauses, included in virtually all ...

It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...

In Amerisure v. Selective, the Second Circuit held that the subcontract terms governed the additional insured question while the other insurance clauses in the insurance policies governed the priority ...

You'll likely find a coinsurance clause in your commercial property insurance policy. This clause outlines how much insurance coverage you must carry in relation to the replacement cost of your ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...

Commercial leases typically require the landlord, the tenant or, in most cases, both to carry insurance to cover the building and the parties in the lease. The insurance clause in the lease specifies ...

Discover how civil authority clauses in insurance policies protect businesses from income loss when government actions restrict property access due to disasters.

Insurance policies are filled with clauses that can significantly impact your finances, often without you realizing it. Understanding these clauses can help you make informed decisions and potentially ...