The Apportionment of Loss and Contribution of Compound Insurance: A Clear Explanation of the Various Rules, With Examples (Classic Reprint) - Hardcover

William Henry Daniels

Hardcover

ISBN 10: 0656867884 ISBN 13: 9780656867882

Publisher: Forgotten Books, 2018

Synopsis

Clear guidance on how to allocate loss among multiple insurance policies

This practical reference explains how to apportion a loss when some policies are specific and others are general or compound. Through concrete examples, it shows how different rules work, when they apply, and why insurers and courts have disagreed in the past. The book aims to help adjusters and readers understand the reasoning behind each method.

It covers common approaches like co-insurance clauses, uniform pro rata rules, and the so‑called Reading rule. You’ll see step‑by‑step calculations that illustrate how each method affects how much each company pays and what the insured ultimately receives. The material is presented to clarify tough questions that often arise in loss adjustments and litigation.

• Learn how to identify which policies are contributing and how their clauses interact.
• See worked examples that show the impact of different rules on payment amounts.
• Understand why some approaches create salvage or gaps for the insured.
• Explore historical court decisions and how they influenced modern practice.

Ideal for readers of insurance law, adjustment professionals, and anyone needing a concrete, reference‑level explanation of how to handle compound insurance claims.

Edition details

• Publisher: Forgotten Books
• Publication date: 2018
• Language: English
• ISBN 10: 0656867884
• ISBN 13: 9780656867882
• Binding: Hardcover
• Number of pages: 206