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Vicarious Liability.

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Vicarious liability is a legal doctrine that holds one party responsible for the actions of another. This doctrine is often used in cases where an employer is held liable for the actions of an employee, or a landowner is held liable for the actions of a tenant. In some cases, vicarious liability may also extend … Read more

What ATIMA Means in an Insurance Policy.

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ATIMA is an acronym that stands for Actual Total Insured Value Average. It is a measure of an insurance policy’s value that considers both the actual value of the property insured and the policy’s average total value over time. The ATIMA is used to help insurance companies set premiums and to determine whether a policy … Read more