Should the Personal Umbrella Effective Date Match the Underlying Policy? | | https://www.iamagazine.com/strategies/should-the-personal-umbrella-effective-date-match-the-underlying-policy | Should the Personal Umbrella Effective Date Match the Underlying Policy? | Is it best practice to ensure that the personal umbrella policy effective date aligns with the date on the homeowners policy, personal auto policy or any other underlying coverage? | 11/18/2022 5:00:00 AM | Umbrellas | Umbrellas
Personal Lines | Strategies | Big “I” Virtual University Faculty | | |
Vicarious Liability: Personal Exposure from Hiring a Personal Shopper | | https://www.iamagazine.com/strategies/vicarious-liability-personal-exposure-from-hiring-a-personal-shopper | Vicarious Liability: Personal Exposure from Hiring a Personal Shopper | An insured pays an individual who uses their own car to shop and run errands. How can the insured acquire coverage for their vicarious liability from hiring the shopper? | 3/18/2022 4:00:00 AM | Auto | Auto
Umbrellas | Strategies | Big “I” Virtual University Faculty | | |
Will a PUP Cover a Business Owner’s Liability When BAP Limits Are Exhausted? | | https://www.iamagazine.com/strategies/will-a-pup-cover-a-business-owner-s-liability-when-bap-limits-are-exhausted | Will a PUP Cover a Business Owner’s Liability When BAP Limits Are Exhausted? | In an incident when operating a business-owned and insured vehicle, there was personal liability once the business auto policy paid the full limit. | 2/25/2022 5:00:00 AM | Umbrellas | Umbrellas
Auto | Strategies | Big “I” Virtual University Faculty | | |
Spring Clean: How Long Should You Retain Documents in Your AMS? | | https://www.iamagazine.com/strategies/spring-clean-how-long-should-you-retain-documents-in-your-ams | Spring Clean: How Long Should You Retain Documents in Your AMS? | Differences between federal and state record retention rules as well as those included in carrier contracts may lead to uncertainty. | 5/28/2021 1:00:00 PM | Umbrellas | Commercial Lines
Umbrellas | Strategies | Big “I” Virtual University Faculty | | |
Do Commercial Umbrella Aggregate Limits Apply to an Underlying Policy Without an Aggregate? | | https://www.iamagazine.com/strategies/do-commercial-umbrella-aggregate-limits-apply-to-an-underlying-policy-without-an-aggregate | Do Commercial Umbrella Aggregate Limits Apply to an Underlying Policy Without an Aggregate? | 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? | 5/21/2021 4:00:00 AM | Umbrellas | Umbrellas
Commercial Lines | Strategies | Big “I” Virtual University Faculty | | |
Why Offer Terrorism Coverage for CGL and Umbrella Policies? | | https://www.iamagazine.com/strategies/why-offer-terrorism-coverage-for-cgl-and-umbrella-policies | Why Offer Terrorism Coverage for CGL and Umbrella Policies? | Why must an insured accept or reject Terrorism Risk Insurance Act coverage under a commercial general liability or umbrella policy? Does the TRIA act provide any coverage that would fall under these policies? | 2/19/2021 5:00:00 AM | Commercial Lines | Commercial Lines
General Liability
Umbrellas | Strategies | Big “I” Virtual University Faculty | | |