This is a preview. Log in through your library . Abstract A coinsurance clause is an agreement to own an amount of insurance equal to at least a specified percentage of the value of the covered ...

Question: We are a community bank financing the construction of a mixed-use property consisting of retail/business use on the first floor and four residential units on the second floor. The property, ...

Not long ago, I received a letter from an insurance company offering to lower my homeowners premium to just $44 per month — less than 10 percent of what I currently pay. It sounded appealing — until I ...

As a maritime business owner, your day-to-day focus is on managing and growing your business. Understandably, thinking about and understanding the nuances of your insurance coverage is not likely to ...

Brokers are warning the imposition of tariffs — and the sudden escalation of insured values — is putting some clients offside of the co-insurance clauses in their policies. Brokers are therefore ...