If you’ve heard of the term indemnity, you may be wondering, “what is indemnity insurance?” Indemnity is an agreement between two parties in which one party is responsible for compensating another for ...

Discover what a period of indemnity is in insurance, how it impacts business interruption claims, and examples of extended indemnity coverage in policies.

COMMERCIAL insurance contracts can be quite complex. Some might say insurance has its own ‘language’ with many legal terms used within policy documents, that can be quite confusing. Today we're ...

Many Oklahoma businesses, general contractors, and energy operators were forced to abandon a common protection against liability for injuries sustained by the employees of their subcontractors: the ...

In everyday language, Indemnity is equivalent to money paid to cover actual damage caused by accidents, theft, legal claims, ...

The global market for professional indemnity (liability) insurance is on track to climb from its 2015 total of approximately US$36.2 billion in gross written premiums (GWPs) to US$40.5 billion by 2019 ...

NEW YORK--(BUSINESS WIRE)-- Starr Indemnity & Liability Company, Inc. (Starr Indemnity) is pleased to announce the formation of the General Casualty Excess Group providing liability solutions for ...

Travelers, a New York-based insurance company, sued Starr Indemnity & Liability Company Thursday in New York Eastern District Court over an insurance coverage dispute. The court case, brought by Reid ...

Indemnity insurance is a foundational component of modern risk management strategies, protecting individuals and organizations against the financial consequences of liability. This form of insurance ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...