Technical Knowledge

Does a host liquor liability coverage amendment in a business owners policy respond when the insured pays for a hosted bar at regular events?

An insured’s client keeps rejecting certificates of insurance (COIs), stating they need to apply additional insured status to all persons or “indemnified parties” instead of limiting that status to persons with whom the parties have a contract.

Why would premium be charged on values that exceed the limit of coverage?

An insured with a business auto policy rents a warehouse he’s not contractually obligated to insure. While backing out, he hit the building, and the carrier is denying coverage.

How are defense costs handled in this scenario? Is the insured responsible for these costs?

How should the agency respond? And how can agencies curb the trend of COI requests becoming more and more onerous?

An insured owns a shopping center with several restaurants. Failure to comply with the protective safeguards listed in the endorsement over which the insured has control would result in no coverage for a fire loss.

Must the person signing a certificate of insurance be licensed in all the states where the insured has exposure? Or must the signatory be someone with internal agency authorization?

It’s never a good idea to customize a certificate of insurance based on who’s asking for what.

Can you fulfill a contractor’s request for a certificate of insurance without a certificate holder name so they can provide it as proof of insurance?