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    Supreme Court: Liability insurance also covers court costs imposed on the insured in favor of the opposing party – pursuant to the interpretation of Section 66 of the Insurance Contract Law / Adv. John Geva

    The decision strikes a balance between protecting the insured's rights and preventing unreasonable exposure of the insurer to amounts that materially exceed the agreed policy limit. AIG’s response: The Supreme Court has spoken by limiting the insurer’s obligation to bear costs beyond the liability limit in the policy
    EditorialBy 05 Mins Read