Indemnity clauses are included in contracts to provide a means by which the contracting parties can shift the responsibility of risk. “Indemnity clauses can expand, limit or even eliminate the ...
In a January 2021 memorandum, Pennsylvania State Representatives Todd Stevens and Michael Driscoll reintroduced a bill that, if passed, would amend 68 P.S. § 491 to significantly limit the breadth of ...
Artificial Intelligence Risk: Why Risk Professionals Should Consider Indemnification as a Gap-Filler
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Motor carriers face increasingly liability for the actions of others, including subcontractors and shippers. Learn how to limit your risk in such areas as negligent entrustment, vicarious liability ...
Recently, in On Point Window Treatment, Inc. v. 208 Clinton Place, LLC, 2024 N.Y. Slip Op. 50241 (N.Y. Sup. Ct. 2024), the Kings County Supreme Court held that even when paired with an insurance ...
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Indemnity in insurance: What does it mean? How it works, and why it matters – explained
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 ...
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