by Jason M. Gordon | Feb 23, 2025 | Insurance & Risk Management
What are Anti-Stacking Provisions? An Anti-Stacking Provision is used in insurance policy to prevent multiple applications of deductibles or limits to a single loss or insured event. Insurance companies use stacking provisions or anti-stacking provisions for policies...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Parent Company? A parent company refers to a firm that controls the management of another firm, and takes an active part in its operations. Based on the control offered to subsidiary company, parent company can work as hands-on or hands-off owners for the...
by Jason M. Gordon | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What is a Top Hat Plan?A top hat plan refers to a kind of a non-funded plan sponsored by the employer of a company. Its aim is to offer deferred payments to the employee group meeting specific criteria. Usually, top executives and directors are members of a top hat...
by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is a Title Search?A title search refers to an inspection of public documents for knowing and assessing the legitimate ownership of the property, as well as the claims associated with it.How does a Title Search Work?A title firm conducts a title search for a...
by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is Title Insurance?Title insurance refers to a type of indemnity insurance that gives the holder a sense of security from monetary loss arising due to defects or damages in the property’s title. One of the most general types of title insurance is that of...