A carrier is adding BP 04 71 Exclusion – Volunteer Workers to every business owners policy, even on BOPs for contractors. The agent doesn’t understand why a carrier would want this exclusion on an entity with little to no volunteer exposure. In C. Who Is An Insured, the BOP includes: Your “volunteer workers” only while performing duties related…
An admitted carrier in Texas tried to nonrenew a commercial umbrella policy that was due to renew in 30 days. However, the Texas insurance code says insureds must be notified of a nonrenewal 60 days before renewal. When the agent mentioned this, the carrier said it would extend coverage for another 30 days and then…
While cleaning a water tank, a contractor accidentally left the water outlet open. Sandblast media entered the city water supply and contaminated products in a cheese manufacturing facility.
If a customer of one of the tenants was injured in an auto accident in the parking lot, does the standard commercial general liability policy without the non-owned auto endorsement provide coverage for the landlord?
The coverage offers business income, reward money for information leading to the capture of the perpetrator, a public relations consultant and a crisis manager.
With a dynamic general liability market, agents can play a key role in assisting their clients and continually add value to the relationship.
As litigation funding becomes more common in general liability litigation, rising claims costs are impacting the casualty market.
The product provides an admitted general liability and excess coverage solution for hard-to-place risks.
Here’s how to explain to a client when a fellow employee endorsement would be triggered.
A nonprofit organization used a copyrighted picture without permission, and the owner demands payment. The carrier says the use doesn’t fall under advertising because the nonprofit isn’t selling anything.
