Illinois has a long history of requiring workers' compensation by its employers. Since 1912, when the first worker's compensation insurance law took effect, employers were required to get coverage. In part, the law was in response Read More
Duty To Mitigate – What Do I Need To Do After An Accident?
If you suffer a loss that's not your fault or is mostly someone else's fault, you have rights and obligations, and understanding what your obligations are and reasonably performing your obligations can be a significant Read More
What Does Implead or Impleader Mean
Implead - To sue or legally prosecute a person, people, or entitiy (LLC, corporation etc...) Implead is a term you may see related to insurance because it's often used to describe (especially in legalese) the action of one Read More
What Is a DEC Page?
What Is a DEC Page? An insurance policy shifts stated risks from a person or business to an insurance company. Because insurance policies can easily consist of dozens of pages of legal specification, insurance companies Read More
What Is A Lien Holder
What's a Lien Holder? When a bank, credit union, financing company, or even a person loans money they will often want security in property to protect their loan in case of default. The theory goes that if the person Read More
Wisconsin Car Insurance Requirements
Wisconsin Auto Insurance Guidelines and Requirements Since June 2010, motorists in Wisconsin have been required to have auto insurance. At the time Wisconsin passed the mandatory insurance requirement, 48 other states required Read More
What is Waiver of Subrogation Insurance Endorsement
Waiver of subrogation is when one party (usually an insurance company) gives up the right to recover a paid loss against another party in the event a loss occurs. In order to fully understand what Waiver of Subrogation is, Read More