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Insurance Policies and Law

This is an article describing the basic contents of a business insurance policy and the obligations of the insurer and insured.
An Overview of Policy Obligations
An Insurance Policy is a contract and each side has specific obligations.
Deductibility of Business Insurance Premiums
Businesses can deduct certain premium payments for business insurance from their federal taxes. This article identifies the basic deductions for business insurance premiums.
Interpreting Business Insurance Policies
Business insurance policy disputes between insurers and insureds often end with a court interpreting the policy. We look at how courts interpret business insurance policies.
What Happens When Your Business is Sued?
Business insurance provides you with a defense and a way to pay claims in case of an injury to a person or property. This article outlines what happens when your company faces a liability claim.
What is Bad Faith?
Sometimes insurers act in such a way that the insurer has committed "bad faith."
Business Release Forms
Business insurers may require the use of a release form or limitation on liability form be used by your business. Do release forms limit liability? Can a release form lower business insurance premiums?
State Departments of Insurance
All insurers and agents are governed by administrative rules and substantive laws that differ from state to state. Check with your state insurance department for rules and laws specific to your state.

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