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 ...

A dependent clause cannot stand alone, though they often contain both a subject and a verb. Where independent clauses express complete thoughts, dependent clauses do not, and left on their own, ...

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 ...

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, ...

When buying or selling a home, real estate contracts include clauses or designated sections in purchase or financing agreements. Each clause is important, but there are four primary clauses that ...