[C127]

concurrent causation

A legal concept of applying insurance coverage when two or more hazards or perils (with at least one being a covered hazard/peril) contribute to creating a loss, essentially at the same time.

[P169]

proximate cause

That which brings about a result without the intervention of any other force. Important in insurance since it establishes which policy(ies) will pay for a loss, i.e., the one(s) insuring the peril which was the proximate cause of the loss.

[F142]

first party insurance

Insurance that pays for loss to an insured who is considered the first party to an insurance contract. The second party is the insurance company and other persons claiming injury are called third parties.

[T026]

third-party insurance

Protection against liability to a third party. The first two parties are the insured and the insurer.