Insurers love to invoke the phrase “the regulator approved this language” as though it were a magical incantation that transforms every policy term into a fair, reasonable, and democratically blessed command. It is a familiar refrain in insurance coverage disputes, especially when an exclusion or limitation leads to an outcome that would make any reasonable …
The post Why Courts Should Demand More Than a Rubber Stamp Regarding Regulator-Approved Policy Wording appeared first on Property Insurance Coverage Law Blog.