By JOSHUA P. BROUDY and AUBREY E. BLATCHLEY
Virtually all insurance contracts contain a “cooperation clause” among the standard policy provisions. The clause places an affirmative duty on an insured to assist its insurer in the investigation and defense of a claim under the policy. The duty to cooperate is one of the central policy obligations owed by an insured to its insurer, the primary purpose of which is to protect the insurer and prevent collusion between the claimant and insured.
By GREGORY D. PODOLAK and CRISTINA M. LOPEZ
The Internet. The Cloud. Networks. Email.Texting. Laptops. Tablets. Smart phones. Apps. The cyber arena has been woven into the fabric of our daily lives. It allows instantaneous communication and access to data, but also houses our most sensitive information and risks its exposure to the outside world.
By MATT LEWIS
The personal lines insurance industry is just breaking into the world of mobile device applications, or “apps.” From auto insurers offering digital proof of coverage to life insurers giving policy quotes directly to shoppers, insurance apps offer carriers a new platform to attract, interact with and retain policyholders.
By MARILYN B. FAGELSON and RACHEL SNOW KINDSETH
If a policyholder with several layers of insurance desires to enter into a settlement to resolve a coverage dispute with one of its insurers, the policyholder should be able to settle for less than full payment of policy limits without risking a forfeiture of excess layers of insurance above the compromised policy.