Definition
First party coverage (Ro.: asigurare pentru riscuri proprii, Fr.: couverture des risques propres, n.f., Gr.: ασφάλιση ιδίου συμφέροντος, Cz.: pojistné plnění) (See also: insurance contract, liability, third party claims) = a type of insurance for liability policy, which is characterised by the fact that compensation for loss or damages is being paid directly towards the insured party, as opposed to receiving payment from someone else’s insurance policy.
Useful links
Legislation
http://www.dfs.ny.gov/insurance/r68/r68_art51.htm - New York Insurance Law, Art. 51, USA [English]
Case Law
http://www.4dca.org/opinions/Sept.%202014/09-03-14/4D13-185.op.enbanc.pdf - District Court of Appeal of the State of Florida, Joseph Cammarata and Judy Cammarata v. State Farm Florida Insurance Company, 2014
Online Publications
http://www.insuranceclaimshelpforyou.com/first-party-claims.html - An Explanation of the Differences between First Party Claims and Third Party Claims, insuranceclaimshelpforyou.com
http://www.irmi.com/expert/articles/2009/austin10-commercial-property-insurance.aspx - Austin, William K., 2009, First-Party Insurance for Cyber Risks, irmi.com
http://www.clausen.com/index.cfm/fa/firm_pub.article/article/cb341167-6a04-4dd1-ab41-d053e6ac909a/FirstParty_Coverage_The_Physical_Loss_Or_Damage_Requirement.cfm - Vojcanin, Sava Alexander, Sobczak, Mark J., 2013, First-Party Coverage: The Physical Loss or Damage Requirement, clause.com
http://www.mondaq.com/unitedstates/x/267482/Insurance/A+Buyers+Guide+To+Cyber+Insurance – Simmons, L.D., 2013, United States: A Buyer’s Guide to Cyber Insurance, mondaq.com
http://www.kerrwagstaffe.com/understanding-first-party-versus-third-party-coverage/ - Labar, Ivo, 2015, Understanding 'First Pary' versus 'Third Party' Coverage, kerrwagstaffe.com
http://www.robinskaplan.com/~/media/pdfs/what%20triggers%20first%20party%20coverage%20facts%20not%20fear.pdf?la=en - What Triggers First-Party Coverage: Facts, Not Fear, robinskaplan.com
Publications
Ostrager, Barry R., Newman, Thomas R., 2013, Handbook on Insurance Coverage Disputes, 16th edition, USA, Aspen Publishers, pp. 973-980
Stempel, Jeffrey W., Swisher, Peter N., Knutsen, Erik S., 2012, Principles of Insurance Law, 4th edition, USA, LexisNexis
Weverka, Philip, 2014, California Property Insurance: Law and Litigation, USA, CEB
Practical use
https://www.davidchristensenlaw.com/first-party-claims/ - Christensen, David, First Party Claims, davidchristensenlaw.com
By Ana Pintea