Insurance policies, by the very nature, tend to limit coverage. A Commercial and General Liability (CGL) policy is designed to cover certain risks, but does not cover others. It typically will protect your business from a customer being injured on your premises, but...
Month: November 2014
What is a material misrepresentation on an insurance contract?
The Fifth Circuit recently handed down a case that addresses a basic element of contract law, that of material misrepresentation, in a context that may not be very uncommon in Louisiana after the real estate bubble. When the real estate bubble burst and the market...