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INSURANCE (COML7123)
2 credits. Lecture.


This course considers the role of insurance in American society, emphasizing: the nature of the insurance contract, including standard clauses; the notion of wager and insurable interest; concealment; representation; contributions; warranty; illegality; waiver; estoppel; and subrogation. It examines both common law principles and state supervision and regulation of the insurance industry.

 
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