Knock For Knock Indemnity Insurance

Texas Oilfield Anti -Indemnity Statute
Legislature passed the Texas Oilfield Anti -Indemnity Statute -TEX. C IV. P RAC. & R EM. C ODE •With respect to a unilateral indemnity obligation, the amount of insurance required may not exceed $500,000.00. Additional Statutory Exceptions ... Access This Document

Indemnity- And Hold Harmless Clauses
This abstract will focus on some aspects of how indemnity and hold harmless clauses are “Indemnity” is a widespread expression used not only in a contractual context. is a contract using the “knock for knock” principle, ... Return Document

Reviewing ‘knock for knock’ indemnities following the Macondo Well blowout. Chidi Egbochue. Herbert Smith . benefit of a KK Indemnity, effects insurance to cover the risk, the indemnitor will still have primary liability and the insurer will ... Retrieve Doc

Liability, Indemnity And Insurance In Offshore Contracts
Liability, Indemnity and Insurance in Offshore Contracts 21/03/2014 1 . Programme 21/03/2014 2 1. Knock-for-knock Insurance Activity specific risks Exclusions or carve-outs Sole or contributory negligence Protected interestsDesign, pre ... Access Full Source

3rd Annual Tulane Latin American Law Institute
Contracting issues; knock for knock indemnity agreements; risk allocation Insurance ... Read Here

Contractor Insurances - YouTube
Contractor Insurances Tarpon Ltd Umbrella Company. Subscribe Subscribed Unsubscribe 422 422. Loading you accidentally knock over a cup of coffee, Professional Indemnity Insurance ... View Video

MOTOR INSURERS AND THE KNOCK FOR KNOCK AGREEMENTS Hobbs V ...
MOTOR INSURERS AND THE KNOCK FOR KNOCK AGREEMENTS Most of the cests of ffie repair of Hobbs' car were paid by his insurance company, who showed no concern in his possible right the indemnity recovered from his insurer) ... Get Content Here

Accord And Satisfaction - Wikipedia, The Free Encyclopedia
Accord and satisfaction is a contract law concept about the purchase of the release from a debt obligation. The payment is typically less than the amount owed and is not paid by the actual performance of the original obligation. ... Read Article

The Impact Of The New Statutory Anti- Indemnity/Insurance ...
The Impact of the New Statutory Anti-Indemnity/Insurance Limitations on Texas Construction Contracts Cynthia A. Holub, Porter Hedges LLP Cynthia A. Holub What impact does the anti-indemnity statute have on knock-for-knock indemnity provisions? ... Retrieve Full Source

knock-for-knock InDeMnitieS In The OffShore WinD Sector The ...
Most readers are familiar with the concept of knock-for-knock indemnities in the offshore are located. can it be assumed that the knock-for-knock indemnity insurance policies, ... Retrieve Content

Indemnities And Limitations Of Liability: Beyond The Basics
Indemnities and Limitations of Liability: Beyond the Basics. Id itiIndemnities Include the following provision in the indemnity: (a) the amount of any insurance or other reimbursement actually received by the [Indemnified Party] ... Read Full Source

Cover For Contractual Liabilities - Protection And Indemnity ...
Cover for contractual liabilities the managers will approve for full poolable cover P&I liabilities arising under a knock- all of the member’s liabilities covered by insurance, regardless of the contractual ... View Document

Contractual insurance And Risk Allocation In The Offshore ...
Contractual insurance and risk allocation in the offshore drilling industry Cary A Moomjian Jr, Vice President and General Counsel Santa Fe International Corp; Chairman, erty and personnel, often referred to as “knock for knock”, isin- ... Document Retrieval

Beazley Plc Chief Executive Officer Andrew Horton said the company’s return on equity of 19 percent in 2015 isn’t sustainable against a backdrop of increased competition and falling insurance rates. “Margins are bound to come under pressure,” the CEO said in … ... Read News

Top 10 Best American Film Noirs - YouTube
Top 10 Best American Film Noirs 10. Cloris Leachman), who's standing on the highway wearing only a trench coat. They're stopped farther on by strangers who knock out Mike and murder Christina. Double Indemnity (1944) ... View Video

KNOCK-FOR-KNOCK: AS APPLIED IN AUSTRALIA - AOG
KNOCK-FOR-KNOCK: AS APPLIED IN AUSTRALIA AOG CONFERENCE 11 MARCH 2015 Contract with a knock for knock indemnity . Scenario 1: Other contractors within Company Group Interplay between indemnity obligations and insurance (indemnity is stand alone obligation) ... View Document

INDEMNITIES IN THE MASTER SERVICE AGREEMENTS
Indemnities in the Master Service Agreements Chapter 5 i TABLE OF CONTENTS I. INTRODUCTION 2. Knock-for-Knock 4. Limits to Maritime Indemnity and Insurance Provisions ... Read Document

Appropriate for on-shore infrastructure projects? Date : 7 May 2015 . contracts which contain knock for knock indemnity clauses, such as British Gas, contract should set out how the indemnity interacts with insurance, ... Fetch Here

What Do I Do After A Car Accident?
An outline of what procedures to follow after a car accident to ensure you are treated fairly. 5 Important Facts About Indemnity Health Insurance; View More. Sign Up for Our Free Newsletters Thanks, You're in! About Money Small Business Personal Insurance. ... Read Article

SRA Solicitors Regulation Authority CLYDE & CO PI*COVER ...
Furthermore the ultimate secondary victims in this sorry affair are the professional indemnity insurance companies who are finding themselves confronting a huge financial exposure in a case which was impulsed by Scotland Yard's inordinate delays to the arrests and prosecution of the ... View Video

Offshore Contracts 1 - London Shipping Law Centre
Offshore Contracts An Outline of two Knock-for-Knock Regimes Anti-Indemnity Acts (need insurance) Choice of Law Lanclos v. Crown DBL, Inc. , 1 So. 3d 685 (La. 2008) King v. I.E. Miller , 970 So. 2d 703 (La.App. 2007) LOIA should invalidate these ... Doc Viewer

Service Contracts In The Oil And Gas Industry - Csuohio.edu
Service Contracts In the Oil and Gas Industry . Andrew R. Thomas. 1. insurance coverage, nor double coverage. In this case, the parties had knock for knock indemnity provisions. The federal court ... Fetch Doc

CONTRACTUAL INDEMNITIES - Association Of Corporate Counsel
Obligated to provide indemnity or insurance protection The two policy considerations underpinning the use of “knock for knock” or reciprocal indemnity agreements are: (1) CONTRACTUAL INDEMNITIES: Author: Windows User Created Date: ... Retrieve Full Source

DOES IT EVEN MATTER? INDEMNIFICATION AND EXCULPATORY AGREEMENTS IN THE OIL PATCH (whether through insurance or financial wherewithal) is an ongoing concern. discussion of the various exclusions to broad “knock-for-knock” indemnity ... Retrieve Doc

Contracts, Indemnity And Insurance - RMS Home
Contracts, Indemnity and Insurance • Knock-for-Knock Indemnification The Supplier shall: •Be liable to the University for; indemnify and hold harmless the Indemnity and Insurance Clauses CONTRACTOR AGREES TO DEFEND, HOLD HARMLESS AND ... View This Document

Fall 2012 When International Standards Meet Local Laws I Nin ...
Knock-for-knock indemnity provisions are well established Along with the indemnity and insurance provisions in the contract, When International Standards Meet Local Laws Part 2: Construction Contracts in the UAE and the Middle East. ... Read Document