Va. Offers Protection Concerning Certificates Of Insurance

Law360, New York (August 23, 2012, 1:40 PM EDT) -- It never ceases to amaze coverage lawyers the risk policyholders take by relying on certificates of insurance as the sole source of evidence that the other party to a contract has required insurance. Even riskier are those who rely upon those pieces of paper as evidence that someone is an additional insured. Let’s face it; your odds are better at playing the lottery.

Black’s Law Dictionary defines a certificate of insurance as a “[d]ocument evidencing fact that an insurance policy has been written and includes a...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.