Insurance Law in a Nutshell

Insurance Law in a Nutshell is a clear, concise, and comprehensive discussion of the fundamentals of insurance law. It covers various lines of insurance such as Auto, Commercial General Liability, Health, Life, Property, Cyber, Directors and Officers Liability (D&O), Errors and Omissions (E&O or Professional Liability), Employers Liability (EPL), and Flood. It also covers topics such as the rules of insurance policy interpretation, coverage for intentional torts, insurable interest, claims submission/handling, duty to defend and settle, insurer bad faith, insurer defenses, loss valuation, guaranty funds, "surplus line" insurers, regulation of insurers, reinsurance, risk transfer, subrogation, surety bonds, and waiver and estoppel. This new edition also has new sections that discuss insurance for natural catastrophe losses as well as business interruption insurance, which includes a brief discussion regarding the COVID-19 business interruption coverage litigation. This new edition also has an expanded discussion regarding claims made insurance, which has become the dominant form of insurance for newer lines of liability insurance.