What Is a Wind or Hail Buyback Policy?
How do you explain how a wind or hail buyback policy works? And is a deductible applied to these types of policies?
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Can a Carrier Extend an Expiration Date to Issue a Nonrenewal?
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…
Sandblast-Contaminated Cheese: Does CGL Pollution or Silica Exclusion Apply?
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.
Do Nonprofits Need Workers Comp and UM/UIM Coverage?
Does a nonprofit organization that has a workers compensation policy in force also need uninsured/underinsured motorist coverage?
Over or Under: Explaining UM/UIM Coverage and Setting Limits
Should the uninsured motorist/underinsured motorist limits match those on the bodily injury and property damage liability coverage?
BPP vs. PPO: Contractor Storing Materials Purchased by Client
If a contractor receives payment before delivering the materials to the final installation point, are the materials still business personal property or have they become the personal property of others?
