In order to understand how insurance law works, it’s important to understand how insurance works. Insurance is an agreement between the insurance company and the insured. The insured pays a premium to the insurance company and the insurance company promises to reimburse the insured in the event that they suffer a loss. There are several different types of insurance but insurance law usually deals with private insurance such as homeowner’s, malpractice, health, car, life, and title insurance.  (more…)

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