Indemnity clauses are an integral tool used regularly in energy contracts and master service agreements. Indemnity is an obligation by one party to make another whole for a loss or damage, and ...
Under Texas law the duty to defend and the duty to indemnify are distinct and separate duties, and one duty may exist without another. D.R. Horton-Tex. Ltd. v. Markel Int’l Ins. Co., 300 S.W.3d 740, ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
In Amerisure v. Selective, the Second Circuit held that the subcontract terms governed the additional insured question while the other insurance clauses in the insurance policies governed the priority ...
A federal appeals court ruled the contract with Danos was not covered by maritime law. Instead, Louisiana law applies, which blocks the indemnification clause Genesis wanted. The case involves a Danos ...
What is Indemnity: From health insurance claims to business contracts and day‑to‑day financial decisions, indemnity is one of those concepts that quietly protects people without them even noticing. It ...