This course examines the nature of insurance and the insurance contract. The topics covered include: the principle of indemnity and the insurable interest requirement, subrogation, the nature of and justifications for insurance regulation, the role of agents and brokers, rights at variance with insurance contract provisions and extra-contractual liability. The course will cover various controversies in life/health insurance such as pre-existing condition limitations, portability and ERISA preemption, as well as various controversies in property/casualty insurance such as number of occurrences, trigger of coverage and allocation in progressive/continuous loss situations.
The course requires all students to write a paper. The writing requirement can be satisfied by submitting a paper in conjunction with the Cordish writing competition. Students (other than seniors) may make arrangements with Professor Carney to submit a paper for purposes of satisfying the law school’s “cert” requirement.
Current & Previous Instructors:
|500C (CRN: 23423) Credits: 3 cr sem|
Spring, 2013 (Twilight).