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Understanding Proximate Cause in Insurance by Brown Earnest is a document available to read on EtoBox.
What is Understanding Proximate Cause in Insurance about?
The document discusses the principles of proximate cause and indemnity in insurance law, emphasizing the importance of identifying the active cause of loss and the financial compensation mechanisms insurers use to restore the insured to their pre-loss position. It outlines rules for applying proximate cause, methods of providing indemnity, and factors that limit indemnity payments, such as sum insured and excess. Additionally, it covers subrogation and contribution rights, detailing how insurers can recover
- Author
- Brown Earnest
- Language
- EN