Trustees managing Irrevocable Life Insurance Trusts (ILITs) hold significant responsibility in maintaining the vitality of life insurance policies to avoid financial pitfalls associated with policy lapses. This responsibility is crucial since life insurance policies are primarily intended to
The Missouri Court of Appeals Eastern District has reexamined a contentious legal dispute involving an auto insurance policy. The central issue in this case was whether Farm Bureau Town and Country Insurance Company of Missouri correctly notified the Scotts of the non-renewal of their policy, which
In the ever-evolving world of insurance and Insurtech, Simon Glairy stands out as an authority on risk management and the utilization of AI-driven risk assessment. In this interview, Simon offers valuable insights into the nuances of life insurance, the myths surrounding it, and how individuals can
In a surprising development that sent ripples across the environmental and insurance sectors, the Southern Adirondack Audubon Society recently faced an unexpected challenge when its insurance coverage was abruptly canceled. For years, this regional chapter of the National Audubon Society nurtured
Amidst the aftermath of devastating fires in Los Angeles County, survivors have found themselves grappling not just with physical damage but also with bureaucratic hurdles as they attempt to secure compensation for smoke damage through insurance claims. As these individuals navigate recovery, they
Craft breweries have become an indelible part of the global beverage landscape, celebrated for their innovative approaches and dedicated craftsmanship. However, these creative endeavors bring unique risks, particularly regarding product liability. Understanding the intricacies of product liability
