Discover how extra-contractual obligations clauses in reinsurance impact insurers and reinsurers, covering expenses due to negligence, bad faith, or regulatory penalties.

The Appellate Court of Maryland, applying Maryland law, has held that an insurer had no duty to defend or indemnify an insured under a professional liability policy containing a contractual liability ...

When negotiating your organization’s contracts, you may be tempted to assume that including an insurance provision requiring your counter-party to maintain adequate policies covering their obligations ...

Gregory Jaske, a partner at Olshan Frome Wolosky, provides helpful tips on how businesses can minimize risk by limiting indemnity obligations, outlining common pitfalls to avoid, and offers strategies ...

The COVID-19 pandemic’s rapid onset has dramatically disrupted almost every aspect of our lives. In a matter of days, vibrant springtime plans of festivals, conferences, weddings, vacations, and ...

Moral obligations might seem strong enough to equate to a good legal contract, but moral obligations and legal contracts are completely separate entities. A moral obligation can be encoded into a ...

When searching Google for "obligation management," many of the resulting articles frame the problem from the perspective of contract obligations. For good reason—most obligations live in contracts and ...

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 ...