E-345 – Insurance Law
From a perspective of the history and development of the principles governing insurance contracts and the state regulation of the business of insurance, this course will consider the issues associated with the fundamental principles of insurance law, insurable interest, formation and structure of insurance policies, insurance contract interpretation, insurance agency, duties of insurers and policyholders, an analysis of policies and related issues arising from property insurance, liability insurance, automobile insurance, life insurance and disability insurance and a study of the principles of insurance bad faith.
|Diamond||202||T||06:15pm - 09:30pm|
For the first class meeting on August 14, 2012, please be prepared to discuss the topics (General Nature of Insurance, Organization and Interpretation of Insurance Policies), the assigned Textbook pages and the Georgia statutes listed in Paragraphs A. and B. of the Class Syllabus.
A. General Nature of Insurance
1 O.C.G.A. §33-1-2
2 O.C.G.A. §33-3-5
3 O.C.G.A. §33-7-2 through §33-7-9
4 Textbook, Fundamentals of Insurance Concepts, Pages 1-16, Risk Distribution, Pages 16-30, Indemnity, Pages 48-50, Fortuity, Adverse Selection and Moral Hazard, Page 50-97
5 Chu v. Canadian Indemnity Co. 224 Cal.App.3d 86 (1990)
6 Golf Marketing, Inc. v. Atlanta Classic Cars, Inc. 245 Ga. App.720 (2000)
B. Organization and Interpretation of Insurance Policies
Textbook, Nature of Insurance Contract, Pages 103-110, Insurance Contract Interpretation, 110-127, Canons of Insurance Contract Interpretation, 128-133, Organization of Insurance Policy 134-138