It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...

In Part 1 of this series, we introduced the Federal Acquisition Regulation’s (FAR) approach to insurance and risk allocation in federal procurement, focusing on FAR Part 28 and the insurance-related ...

Have you ever wondered about the difference between "flood damage" and "water leakage" while looking at your quote or ...

Along with analyzing risk, a risk manager’s core function is to offload as much risk as possible as cost-effectively as possible. While meeting this goal is generally thought of as assembling the ...

The insurance industry is on the verge of a monumental shift, driven by the integration of blockchain technology and smart contracts. Bob Brzyski For life and health insurance agents and agency owners ...

Insurance is an essential component of responsibly operating a business. It protects the organization from having to pay a lot of money if something bad happens while providing services, like an ...

This discussion paper aims at giving an understanding of contract automation technology options to a non-technical audience. We articulate the differences between NLP applied to contracts, Large ...

Many insurance policies issued as primary layer coverage establish two separate principal duties on the part of the insurer: the duty to defend and the duty to indemnify. The duty to indemnify is the ...