Contracts for home stabilization following damage from vertical settlement
The Attorney General reviews whether these proposed contracts constitute contracts of insurance under Tennessee law. Using a hypothetical fact pattern and contract proposal, the Attorney General analyzes the service-indemnity test and contingency issues and determines that yes, certain contracts for home stabilization are indeed contracts of insurance under Tennessee law.
Opinion may be found at:
http://www.tba2.org/tba_files/AG/2010/ag_10_85
