Technical Knowledge

Here’s how to explain to a client when a fellow employee endorsement would be triggered.

You and your customers have been battered these past few years by various catastrophes of near-biblical proportions. Your customers don’t just want a good year, free of missing coverages and underinsured losses. They need it.

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?

​Independent agents recommend the best solutions to protect their clients. However, they sometimes fail to follow their own advice—particularly when it comes to protecting their agency against financial fraud.

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?

To accurately calculate a potential business income loss, the costs and added time are much different than they may have been just a few years ago.