Tornadoes and related weather events have caused approximately 56 percent of all insured catastrophe losses in the United States in any given year, while hurricanes and earthquakes, on average, tend t

Earlier this year, the National Association of Insurance Commissioners in the Insurance Receivership Model Act settled on the so-called "Delaware" approach, in which the estate gained the deductible r

Earlier this year, the National Association of Insurance Commissioners in the Insurance Receivership Model Act settled on the so-called "Delaware" approach, in which the estate gained the deductible r

The decision broke new ground by establishing that aggregate limits in insurance policies do not apply to all claims arising during the course of business operations, according to the plaintiff's atto