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Civil Rights

Race Discrimination in Insurance Coverage

Historically, racial discrimination existed in life, health, and disability insurance coverage as it did in many aspects of life. At one time, the benefits payable to...

The Meaning of Reinsurance

Reinsurance is the process by which an insurance company shares the risk that it assumes when it issues an insurance policy. For example, an insurance company that issues a $1 million life insurance policy may reinsure or have other insurers...

The Duty of Reinsurers to Follow the Fortune of Cedant Insurers

Most reinsurance contracts by which an insurance company cedes or reinsures a portion of the coverage for policyholders to a reinsurer call for the reinsurer to "follow the fortune" of the insurer. Thus, the reinsurer is expected to pay the...

Tie-in Arrangements

A "tie-in arrangement," also known as "insurance packing," in the insurance industry consists of a lender's extension of credit to a borrower on the condition that the borrower purchase certain insurance, usually from an insurer with close ties...

The Workers' Compensation Exclusion in the Comprehensive General Liability Policy

A business may purchase a comprehensive general liability or CGL policy to provide insurance against liabilities of the business for personal injury or property damage suffered by third parties and caused by the business. The usual form CGL...