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For Profit Individuals, partnerships, estates, trusts, and S corporations must operate a farm for profit or monetary gain to qualify as a “farmer” for tax purposes. [read post]
6 Jul 2017, 5:31 pm by Kevin LaCroix
It drops down to provide defense and indemnity when underlying policies exclude coverage, based on, g., an “insured versus insured” exclusion or a “pollution exclusion,” and the insured entity fails or is unable to provide indemnity. [read post]
16 May 2017, 12:30 pm by Dan Pinnington
Further, there are cases in which courts have held that discoverability does not apply to claims for contribution and indemnity although the law on this issue is in flux (see Miaskowski v. [read post]
9 May 2017, 4:52 pm by Kevin LaCroix
(In public company D&O insurance policies, the Side C entity coverage is limited to corporate liabilities under the securities laws.) [read post]
4 May 2017, 10:00 pm by News Desk
“Moreover, claims and liabilities of this sort might not be covered by our insurance or by any rights of indemnity  or contribution that we may have against others. [read post]
13 Apr 2017, 10:14 am by Gene Killian
The primary insurance company’s corporate designee admitted under oath that there was no possibility that excess coverage would ever be reached. [read post]
13 Apr 2017, 10:14 am by Gene Killian
The primary insurance company’s corporate designee admitted under oath that there was no possibility that excess coverage would ever be reached. [read post]
17 Feb 2017, 5:47 am by Barry Sookman
Organizations that read the program benefits should not simply assume that by using Azure products they will be acquiring any kind of IP insurance or guarantee they will not be sued, that Microsoft’s indemnity will actually cover them, or that any of Microsoft’s 10,000 patents will provide a legal defense to a claim. [read post]
30 Jan 2017, 4:28 pm by Kevin LaCroix
 It reinforces the message that a large reward will typically attach to genuine co-operation by a corporate. [read post]
29 Dec 2016, 2:18 pm by Michael S. Levine
  The coverage dispute occurred when Federal Recovery Services (FRS) sought defense and indemnity for suit brought by a fitness center. [read post]
5 Dec 2016, 11:36 am by Steven K. Hardy
Indemnity is kind of like an insurance policy — as it protects the “indemnitee” from certain covered losses. [read post]
3 Dec 2016, 8:15 am by Alex Young
Condo corporations should also pass similar rules to protect directors, owners, etc. [read post]
3 Dec 2016, 8:15 am by Alex Young
Condo corporations should also pass similar rules to protect directors, owners, etc. [read post]
3 Dec 2016, 8:15 am by Alex Young
Condo corporations should also pass similar rules to protect directors, owners, etc. [read post]
17 Nov 2016, 4:38 pm by Kevin LaCroix
  Considering that in reaching its holding the court relied upon Apache Corporation v. [read post]