Sentences with phrase «liability for the damages rests»

Not exact matches

Since the 1980s, most of the countries which signed the Antarctic Treaty have generally agreed that the «polluter pays», that is liability for environmental damage rests firmly with the operator.

You'll get liability coverage that helps you make good on damages caused by your negligence so that you don't have to pay for the loss for the rest of your life.

Among the most frequently heard objections to these suits are that 1) municipalities filed these cases because the federal government has refused to act, but that tort cases are no substitute for federal policy action, and 2) that liability for climate damages — if any exist — properly rests with fossil fuel consumers, not fossil fuel producers.

In case your business company has a $ 1 million occurrence cap in the liability policy and is sued for damage of $ 1.5 million, the insurer would pay $ 1 million and your business would be liable for paying the rest $ 500,000.