Technical Knowledge

Abusing the BAP Pollution Exclusion; PAP Named Nonowner Coverage; Does a Trucker Need CGL Coverage?

Any agency that deals with commercial lines is familiar with the daunting task of processing and explaining additional insured endorsements and certificates. But every now and then, an agency handles a request to name a party as an additional named insure

Your insured’s bank has asked to be named as an additional insured on their business income coverage. Why? Could be that the insured has a loan or line of credit they want to secure. Could be that they’re so used to being named as a mortgagee on the prope

The “Primary and Noncontributory” Myth; HO Coverage for Timeshares; Extra Expense: What Is “Necessary”?

Insurance premium fraud has long been a serious problem across all lines of insurance, especially workers’ compensation. When policyholders falsify company data to reduce their premium, it has negative financial and legal ramifications for everyone, inclu

In response to many inquiries and concerns from agents around the country, I would like to address a current industry hot topic—certificates of insurance. Most of you have insureds who are being asked to sign construction/service contracts, lease/loan agr

The ISO PAP excludes vehicles being used as a public or livery conveyance for liability, medical payments and physical damage. This exclusion pops up in scenarios ranging from airport shuttles to pizza delivery…

One of the most common coverage questions involves adding additional insureds to a business auto policy. The Big “I” Virtual University’s “Ask an Expert” service recently received the following question: “A contractor is driving his van on premises to do

While meandering through the Mediterranean Sea, Odysseus, the hero of Homer’s epic poem “The Odys¬sey,” found himself in a narrow channel of water with monsters on either side. On one side was Scylla, (pronounced “Silla”), a fishtailed mermaid with six do

The Virtual University “Ask an Expert” service recently fielded the following inquiry: “My question has to do with additional insureds. I have had discussions with agents who believe that the wording in the ISO CGL policy pertaining to an ‘insured contrac