Here, insurers retain the right to defend
any suit against the insured company arising from bodily or property damages.
Not exact matches
Technical Answer: «If a claim is made or a
suit is brought
against an
insured for damages because of bodily injury or property damage... we will pay up to our limit of liability for the damages for which the
insured is legally liable... and provide a defense at our expense by counsel of our choice even if the
suit is groundless, false, or fraudulent.»
If the commercial carrier that
insures the building decides the fire is your fault and sues to recoup their losses through subrogation, your policy not only could pay that loss, but also could provide you a defense
against the
suit.
Given the cost of medical and legal expenses, $ 100,000 may not be enough for most homeowners to be properly
insured against liability
suits.
We routinely file
suits and collect judgments
against perpetrators of insurance fraud including both
insureds and medical providers.
A «Claim» is defined under the Policy as «a demand including service of
suit or institution of arbitration proceedings, for money
against an
Insured...» All Claims (written demand in letter form,
suits, demands for arbitration, etc.) should be sent to:
Alan Carroll (A.C.) Nash focuses his practice on the defense of claims made and
suits brought
against insureds and businesses in product, automobile, commercial, liquor liability, construction and premises liability matters.
Co., where an
insured sought coverage under a personal liability insurance umbrella policy for liability and defense costs arising out of a
suit filed
against him for alienation of affection by his lover's husband.
The
insured could also sue Samsing for any losses suffered, whether or not they were covered by insurance, but any insurance company that paid a related claim would also have a lien on any recovery of the
insured in a
suit by the
insured against Samsing, for any loss paid by the party at fault to the
insured that was within the scope of what the insurance company paid the
insured for.
The cost of
insuring your business for EPLI coverage depends on a variety of factors, such as the number of people you employ, if you've had prior
suits lodged
against the company, the percentage of employee turnover, and if you have established rules and practices in place.
The duty to defend is prevalent in the United States and Canada, where most liability insurance policies provide that the insurer «has the right and duty» to defend the
insured against all «
suits» to which the policies apply.
Employers liability coverage
insures the alternate employer
against lawsuits brought by injured workers (like Jane's
suit against Divine Delights).
Likewise, if an
insured files
suit against an insurance company for denying a $ 250,000 claim under a homeowner's insurance policy, courts will not usually award anything beyond that amount to a prevailing
insured.
Given the cost of medical and legal expenses, $ 100,000 may not be enough for most homeowners to be properly
insured against liability
suits.
If the commercial carrier that
insures the building decides the fire is your fault and sues to recoup their losses through subrogation, your policy not only could pay that loss, but also could provide you a defense
against the
suit.
By
insuring to avoid legal risk you're generally
insuring not only the risk of loss from a judgment or settlement
against you, but also the risk of loss from the costs of defending
against that
suit.