Commercial Property: Stated Values, Total Limits and Calculating Premiums
Why would premium be charged on values that exceed the limit of coverage?
Technical Knowledge
Is Real Property Included in the Care, Custody or Control BAP Exclusion?
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 Does the Consent to Settle Endorsement Work?
How are defense costs handled in this scenario? Is the insured responsible for these costs?
Certificates of Insurance: Requests to Certify an Owner-Controlled Insurance Program
How should the agency respond? And how can agencies curb the trend of COI requests becoming more and more onerous?
Protective Safeguard Endorsement: Does Landlord Have Control of Tenants’ Fire Prevention Equipment?
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.
Who is Authorized to Sign Certificates of Insurance?
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?
Can You Check Both the Policy Aggregate and Per-Project Boxes on a COI?
It’s never a good idea to customize a certificate of insurance based on who’s asking for what.
Should You Issue ‘Blank’ Certificates of Insurance?
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?
