The failure to perform a manifest duty in reckless disregard of the consequences as affecting the life or property of another
The reckless, wanton, and willful misconduct causing bodily injury or damage to property In this case, the standard of due care has been ignored by such a wide margin that it almost amounts to an intentional act
The degree of negligence somewhat greater than ordinary negligence It may be a reckless wanton and willful misconduct causing bodily injury and/or property damage Guiding Principles A loss may be covered by more than one policy One policy may have a co-insurance clause and the other may not How any loss in such circumstances should be apportioned between the various insurance companies involved creates a problem To meet this problem, the majority of insurance companies have agreed to certain rules and principles These principles override the actual wording of the policy so the insured is indemnified with least difficulty Habitation Dwelling place; residence Hazard 1) A risk or probability that the event insured against might occur 2) Condition which engenders or increases the chances of a loss
Flagrant or extreme negligence According to the Geneva Conventions on the Unification of the Laws Relating to Bills of Exchange, acquiring an instrument in such a careless or reckless manner that one should have known that it was not properly negotiated
Any action or an omission in reckless disregard of the consequences to the safety or property of another Sometimes referred to as "very great negligence" and it is more then just neglect of ordinary care towards others or just inadvertence Also known as the Latin term culpa lata
the intentional failure to perform a manifest duty in reckless disregard of the consequences as affecting the life or property of another