contribution between insurers
- contribution between insurers
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The obligation of an insurer who has issued a policy covering the same risk and loss as that insured by one or more other insurers to contribute ratably to the other insurer, or one of the other insurers, who has paid the entire loss. 29A Am J Rev ed Ins § 1717.
Ballentine's law dictionary.
Anderson, W.S..
1998.
Look at other dictionaries:
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