Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...

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Generally, indemnity agreements in construction contracts are a promise by which one party (the indemnitor) agrees to defend, indemnify, or hold harmless the other party (the indemnitee) for acts or ...

When parties contractually agree to support their mutual indemnity obligations with a "minimum" amount of insurance, their indemnity obligations may not be limited to the "minimum" amount stated in ...

Indemnity insurance is a foundational component of modern risk management strategies, protecting individuals and organizations against the financial consequences of liability. This form of insurance ...

If you’ve heard of the term indemnity, you may be wondering, “what is indemnity insurance?” Indemnity is an agreement between two parties in which one party is responsible for compensating another for ...