The use of subcontractors helps insure construction projects are completed in a timely and efficient manner, but it also creates a range of contractual risks.
State Farm filed a court action seeking a declaration that its homeowner's policy didn't provide coverage for the students claims against the criminally prosecuted teacher.
State Farm filed a court action seeking a declaration that its homeowner's policy didn't provide coverage for the students claims against the criminally prosecuted teacher.
When loss occurs, policyholders in new or evolving industries often discover gaps in the coverage offered by their legacy products, leading to costly disputes with their insurers.