Insurance by tradition provides a safety net for the survival of businesses and individuals in society. The significance of this role cannot be overemphasized. The sector’s contribution to the GDP has ...

LONDON, England, March 15 (TNSrpt) -- The International Bar Association issued the following news release: The International Bar Association (IBA) Bar Issues Commission Policy Committee and the IBA ...

Yes, they will be enforceable. In the case of life insurance policies, the principle of indemnity does not apply. The indemnity principle means that the policy payout should restore the insured to the ...

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 ...

In Swift 1st Ltd v Chief Land Registrar [2014] All ER (D) 12 (February), Bimla Rani Sunsoay was the registered proprietor of 15 Elmstead Road in Ilford, Essex. In June 2006, after receiving a mortgage ...

Collective conditional fee agreement (CCFAs) are subject to the indemnity principle, a costs judge has decided for what is thought to be the first time. In Gliddon v Lloyd Maunder Limited, Mr Gliddon ...

In the light of the recent surge in deal activity driven by the Autumn Budget, Claire Brown, partner in JMW’s Commercial Litigation team, anticipates a consequential increase in warranty and indemnity ...

The much-maligned indemnity principle is set to be reigned in by the middle of next year in a government bid to ease the troubled conditional fee agreement (CFA) regime - but it will not be abolished ...

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 ...