Travelers developed a new endorsement that offers additional support to directors & officers who are asked to appear at meetings or produce documents as part of an internal corporate investigation.
Social engineering attacks continue to grow in sophistication and frequency, costing companies millions of dollars—and putting client data and confidentiality at extreme risk. Beazley’s new policy provides coverage up to $5 million in excess of underlying
More carriers are adding this endorsement to the commercial general liability policy to exclude losses arising out of subcontractor-caused damage to a contractor’s work.
Nearly one-third of losses at bars, taverns and nightclubs arise from assault and battery claims. And thanks to various coverage restrictions on assault and battery, the line between liquor and general liability claims is not always clear.
Many smaller restaurants only serve a little bit of wine or beer—and therefore don’t think they need liquor liability insurance. But “that doesn’t exclude you from having a claim,” says independent agent Melinda Langworthy. “I still recommend getting the
Placing special events coverage for a client is generally not the cakewalk you were expecting.
Is it acceptable for a carrier to require subcontractors to carry limits equal to the general contractor’s in order to be considered “adequately insured”?
An agent is issuing a new certificate of insurance with policy limits of $1 million/$2 million. The agent knows of a $500,000 claim. What policy limits should be shown on the COI?
It all comes down to the factors used to calculate each amount. Would you be able to explain it to a client?
As exposures and risks for educational institutions continue to evolve, The Hanover responds with an enhanced education product designed to give educators a total solution for all their insurance needs.