If an insured has a $1-million, combined single limit (CSL) on an auto policy and they exhaust the auto CSL and the umbrella limits, would the limit for the umbrella be reset for any other loss?
Difference in conditions and difference in limits are valuable clause enhancements to a client’s multinational program when uniform terms and conditions are desired to resolve international losses.
An insured lost income due to an ice storm. Their commercial property policy has an enhancement for business income and extra expense. The claim was denied as coverage isn’t “included in the policy.”
The Hanover Insurance Group offers home-based business solutions coverage for on-site businesses with no more than three employees.
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?
The pandemic has accelerated the move toward digitalization, bringing with it a rise in digital fraud. Here are four insurance fraud trends to watch out for.
Insurance agents need to be careful and take appropriate steps to avoid errors & omissions claims that allege they failed to offer uninsured/underinsured motorist and umbrella coverage.
The product responds to the financial risk the new California Consumer Privacy Act regulation presents to existing Coalition policyholders and small to mid-sized businesses.
An insured wired $50,000 for a car that didn’t exist. The carrier is denying false pretense coverage under his dealership insurance because the claim is for a car and the dealership is classified as a motorcycle dealership.
Fraudulent vendor invoices are a growing problem.
