Discover how hourly clauses in reinsurance limit coverage by timeframe, benefit reinsurers, and see real-world examples of their application in catastrophe insurance.

Parties often add limitation-of-liability clauses to their agreements. These types of clauses can purport to limit a party’s claims or damages or both. Damage-limitation clauses can take many ...

Many industry form documents and custom construction contracts contain provisions shifting or limiting the respective parties’ risks. One of the more potentially significant risk-limiting provisions ...

Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, ...

A Dec. 11 report by the Center for American Progress outlined recent controversy surrounding the FTC’s attempt to ban noncompete agreements earlier in 2024, as well as several common types of clauses ...

A due-on-sale clause is a standard part of most conventional mortgage agreements. It gives the lender the right to demand full repayment of the loan when the property is sold or transferred to a new ...