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link to Evaluating Claims Severity

Evaluating Claims Severity

When an insurance claim happens, figuring out how big of a deal it is, financially speaking, is super important. This whole process, looking at the potential cost of a claim, is what we call claims...

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link to Forming an Insurance Contract

Forming an Insurance Contract

So, you're looking to get insurance? It's basically a contract, like any other, but with some specific rules. Figuring out how these contracts get made, what makes them stick, and what everyone's...

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link to Understanding Hazard Categories

Understanding Hazard Categories

So, you're trying to figure out insurance, huh? It can get a little confusing with all the different terms and what they actually cover. Think of it like this: insurance is basically a way to share...

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link to Subrogation Rights After Payment

Subrogation Rights After Payment

So, you've had a loss, and your insurance company paid out. That's usually the end of the story, right? Well, sometimes, it's not. Your insurer might have the right to go after whoever actually...

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link to Classifying Perils in Insurance

Classifying Perils in Insurance

So, you're trying to figure out insurance and all the different ways things can go wrong? It can get pretty confusing, right? We're talking about perils, which are basically the events that can cause...

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link to Applying the Proximate Cause Doctrine

Applying the Proximate Cause Doctrine

When something goes wrong, and you need to file an insurance claim, figuring out who or what is actually to blame can get complicated. This is where the proximate cause doctrine comes into play. It's...

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