Actuarial Notes

Exam DISC-IA Practice Question 626

Study guide: Exam DISC-IA

A fire caused by a party's negligence damages a landlord's building, and the landlord's insurer pays the claim under a commercial property coverage part. In which situation has the landlord not impaired its insurer's right of recovery?

  • A) After the fire, it signs a written waiver releasing its tenant, whose employee caused the fire
  • B) After the fire, it signs a written waiver releasing an outside contractor who caused the fire
  • C) After the fire, it orally agrees not to pursue a neighboring business that caused the fire
  • D) After the fire, it sells its claim against the supplier that caused the fire to a third party

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