Commercial Lines

Ace explains why a CGL carrier denied coverage for damage to building that was caused by a forklift.

Catastrophe modeler Risk Management Solutions surprised the industry last February with the release of Version 11 of its Atlantic Hurricane Model. Unlike RMS’s previous versions—and the models of other data crunchers like AIR and Eqecat—Version 11 posited

Rental Cars and Unauthorized Drivers; BAP Coverage for Employees’ Property; Employee Theft of Customers’ Property

Ace uncovers the insurance gaps that result from adding personally-owned autos to a BAP.

Your insured’s bank has asked to be named as an additional insured on their business income coverage. Why? Could be that the insured has a loan or line of credit they want to secure. Could be that they’re so used to being named as a mortgagee on the prope

An agent writes, “In Louisiana, is workers compensation the sole remedy for a worker who is injured in an auto accident on company time in a company vehicle? Is there any circumstance where UM would be required? Does the employer have to carry UM on his c

More Auto Coverage Games; Debris Removal Coverage: How Much Is Enough?; D&O Insurance…Who Needs It?

D&O litigation from a bankruptcy used to be considered an esoteric exposure that would never happen. Now, it is very real—and very costly.