Learn how an aggregate extension clause groups small business losses into single claims, explore its advantages, and see practical examples in reinsurance.
Learn how an umpire clause resolves insurance disputes with third-party decision-making. Find out how it works when you and your insurer can't agree on a claim.
Real estate leases are, by their nature, bets the parties are placing on what the future may hold. Both landlord interests and tenant interests try to hedge their bets by inserting clauses to produce ...