insurance jurisprudence

Insurance jurisprudence is the legal framework that governs how insurance contracts are created, interpreted, and enforced. It ensures that policies are fair and clear, outlining the rights and duties of both insurers and insured parties. Courts resolve disputes regarding claim denials, coverage scope, and policy terms, guiding industry practices and protecting consumers. Essentially, it balances the interests of insurers in managing risk with the rights of individuals seeking protection against unforeseen events.