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

Protecting sensitive information is essential when drafting legal agreements. However, crafting a clear and effective confidentiality clause can feel challenging. Many struggle to create one that ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. A hammer clause is an insurance policy clause that allows an insurer to compel the insured ...