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Highlights of the Fall 2011 Issue of New Appleman on Insurance: Current Critical Issues in Insurance Law

The Fall 2011 issue of the New Appleman on Insurance; Current Critical Issues in Insurance Law quarterly features three articles on the cutting edge of insurance law: • On the Cusp of Change: the Intersection of Social Media and Insurance • An Overview of Seven State-Sponsored Property...

Wager On Life Is Void -- Insurance Requires Insurable Interest

By Barry Zalma, Attorney and Consultant It is the essence of insurance that for insurance to exist the person insured must have an insurable interest in the property or life insured. Life insurance insurable interest can be defined as an interest based upon a reasonable expectation of pecuniary...