What does insurer mean in the legal space?

What does insurer mean in the legal space? In the legal space, an “insurer” refers to an entity, typically an insurance company, that provides financial protection to individuals or entities through an insurance policy. According to the Munley Law Glossary, the insurer is responsible for assuming the financial risk associated with specified losses or damages […]

What Does Claim Mean In The Legal Space?

In the legal space, a “claim” refers to a formal assertion made by a party (often called the claimant or plaintiff) seeking a legal remedy, typically through compensation, enforcement of a right, or another form of legal relief. A claim is the foundation of a lawsuit, where the claimant alleges that they have suffered harm, […]