Indemnification of the policyholder is a core principle of the property insurance industry. A similar principle holds that the policyholder shall be “made whole” but not put in a better position than ...

Since 2011, the use of after-tax indemnity limitations has steadily decreased, appearing in 32% of deals reviewed in the 2019 study. Notwithstanding potentially limited economic benefits of an ...

Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

Indemnity insurance is a foundational component of modern risk management strategies, protecting individuals and organizations against the financial consequences of liability. This form of insurance ...

Pryor Cashman partners Todd Soloway and Bryan Mohler discuss how hotel industry stakeholders attempt to address these competing concerns in hotel management agreements through indemnification language ...

In the field of insurance, the principle of indemnity is to restore the insured to the same financial condition as before a loss. With workers' comp, indemnity describes payments made to an injured or ...

Fixed indemnity insurance is an “excepted benefit.” Excepted benefits were recognized by amendments adopted in the Health Insurance Portability and Accountability Act of 1996 (commonly known as HIPAA) ...