Insurance policies regarding businesses

On Behalf of | Apr 28, 2016 | Insurance Law

Sometimes, legal issues or disputes arise for an insurance company in connection to the policies it has provided. Such issues/disputes have the potential to have major financial ramifications for insurers.

Many things can be big factors in cases involving these types of disputes/issues. One is what state the case is in, as states can differ considerably in their laws on insurance and insurance-related disputes. So, the advice of an attorney knowledgeable in Louisiana’s insurance-related laws and experienced in insurance-related cases in the state can be a helpful thing for an insurer to have when dealing with an insurance issue/dispute in Louisiana.

One of the classes of policies insurers sometimes face issues/disputes in relation to are policies they provide to businesses.

There are numerous risks a business can face. So, it is not terribly surprising that there are an extensive range of types of insurance that businesses might seek out.

Some examples of the different types of insurance a business might have include:

  • Property insurance (note: business property insurance policies can vary considerably in the type of property they cover and the types of events they provide coverage against).
  • Business interruption insurance.
  • Professional liability insurance.
  • Product liability insurance.
  • Commercial auto insurance. 
  • Directors and officers insurance.
  • Workers’ compensation insurance.

These insurance types and the various other types business-related insurance differ greatly in the types of situations they deal with. They also each have their own unique sets of types of issues and disputes that could potentially arise for insurers in connection to them.  

Source:, “Operating Without Insurance? 7 Types of Business Insurance You Need to Know About Right Now” Genia Stevens, April 27, 2016