A gas station owner is $65,000 in the hole because its credit card machines failed to charge customers for their purchases—for six months. The owner’s insurer denied his claim under the ISO BOP Special Property Coverage Form, but Ace thinks he has a case
Regional multilines carrier Erie singles out various builders risk extensions of coverage that are designed to attract new business from agents and brokers. Erie Vice President Christine Lucas cites three all-risk coverage components that come at no addit
The Insurance Services Office’s update to its commercial property policy forms and endorsements includes several revisions that are expected to result in no change in some coverages. Do you know which ones are remaining the same?
The Insurance Services Office has revised its commercial property policy forms and endorsements to provide new coverage options. The changes are among more than 40 that ISO has made to its forms, which have an edition date of October 2012 and will be effe
Can a 24-hour diner reclaim loss of business income when authorities impose a curfew, allowing the business to only be open for half of its regular business hours?
Ace brings his own bottle of wine to an Irish restaurant that’s BYOB. When he learns the restaurant keeps his alcohol behind the counter and serves it to him–without a liquor license–he warns the waitress that it may have some liability risks at hand.
Rats, It’s Excluded?!; “Lay-Up” Endorsements; Can One CGL Insured Sue Another One?
One of the most common questions received by the Big “I” Virtual University’s Ask an Expert service is how to provide “cross liability” coverage under commercial general liability. The question typically arises from a certificate request for the coverage
Insuring Rental Dwellings; Glass Scratched by Window Cleaners…Covered by Your HO Policy?; Glass Scratched by Window Cleaners…Covered by Your HO Policy?
At the annual Goat Cheese Festival, a musician injures herself when she jumps off the event stage while performing. The event’s hosts CGL insurer denies the claim, saying the stage—actually, a trailer—was considered auto even though it was disconnected fr