David Adelstein | Florida Construction Legal Updates A liability insurer has two duties: 1) the duty to defend its insured; and 2) the duty to indemnify its insured. With respect to the second duty – the duty to indemnify – this duty is typically “not ripe for adjudication unless and until the insured or putative… Continue reading Insurer’s Duty to Indemnify not Ripe Until Underlying Lawsuit Against Insured Resolved
Tag: Insurance Industry
Minnesota Discovers Limits To Its Regulator’s Power Over Insurers
Robert D. Helfand and Barry Leigh Weissman | PropertyCasualtyFocus | January 13, 2017 In Minnesota, the Commissioner of the Department of Commerce regulates the insurance industry, and he has a statutory right to conduct investigations “related to the duties and responsibilities entrusted to” him. Last month, in Matter of the Petition of the Property Casualty Insurers… Continue reading Minnesota Discovers Limits To Its Regulator’s Power Over Insurers