Whether they are new executive leaders or longtime members of a corporate board, directors and officers should be considering two prongs of protection – a robust insurance program and a tailored ...

Generally, indemnity agreements in construction contracts are a promise by which one party (the indemnitor) agrees to defend, indemnify, or hold harmless the other party (the indemnitee) for acts or ...

The Dibrino case clarifies that indemnity and additional insured coverage are separate and governed by different standards. Indemnity requires a direct link to a subcontractor’s scope of work, while ...

Indemnity clauses are included in contracts to provide a means by which the contracting parties can shift the responsibility of risk. “Indemnity clauses can expand, limit or even eliminate the ...

This book examines such topics as: the risks officers and directors face, derivative and class actions, and when a corporation is required—or allowed— to provide indemnification. David M. Kroeger is a ...

Please provide your email address to receive an email when new articles are posted on . Indemnification spells out who is responsible for liabilities related to the pre-closing operations of the ...

LAKELAND, Fla.--(BUSINESS WIRE)-- Summit, a leading regional provider of workers’ compensation insurance services, announces the addition of Bridgefield Indemnity Insurance Company to its carrier ...

Tesla CEO Elon Musk personally offered up to $100 million in indemnity coverage for officers and directors of the company. In exchange, Tesla paid Musk $3 million, a filing revealed on Monday. The ...

In the field of insurance, the principle of indemnity is to restore the insured to the same financial condition as before a loss. With workers' comp, indemnity describes payments made to an injured or ...

Every now and again, I have to remind myself — or be reminded by a client — that not everyone speaks “law.” What are familiar terms to lawyers aren’t necessarily so to those in other walks of life. I ...