Healthcare & Medical Malpractice Law Firm in Georgia
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Insurance Law
| Drop Down of Excess Coverage If the Primary Insurer Becomes Insolvent |
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| Although insolvency of an insurer may be considered a relatively rare event, the effect of such insolvencies on policyholders can be substantial. Most jurisdictions have insurance guaranty associations that will provide some coverage in place of an insolvent insurer, but such coverage usually is limited as to the amount and type of reimbursement of losses that will be available. Affected policyholders should consider whether an excess insurer has an obligation to "drop down" and take the place of an insolvent primary insurer. More... |
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| Aviation War Risk Insurance |
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| Aviation War Risk InsuranceMore... |
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| Attaching an Insurance Application |
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| An applicant's completed application for insurance may be attached to a policy issued by an insurer to the applicant. If the application is attached, it is considered part of the policy. Some state statutes require attachment and a statement in the policy that the application is attached.More... |
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| Methods of Selling Life Insurance |
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| Life insurance companies may sell their insurance policies through full-time agents, brokerage markets, direct sales, or mass marketing.More... |
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| Policy Construction Against Insurer |
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| Insurance policies are contracts drafted by insurers, but the terms are not always clear and unambiguous. When a dispute arises between an insured and an insurer as to the meaning of a policy, courts sometimes become involved to provide a construction of the ambiguous term, as they do with other types of contracts. Disputes usually involve which risks are included in coverage, exclusions from coverage, conditions that must be fulfilled before coverage applies, and forfeitures of the policy.More... |
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Allen, McCain & O'Mahony, P.C.
Two Midtown Plaza, Suite 1700
1349 W. Peachtree Street, N.W.
Atlanta, Georgia 30309
Phone: 866-757-2307
Fax: 404-874-1787
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