Editor’s Note: This is part two of a two-part series on contractor additional insured endorsements. Part one was published in the Jan. 12, 2009, issue of Insurance Journal magazine. Arising out of the named insured’s operations” does not legally equate …
The three most commonly used additional insured endorsements in construction relationships are the Insured – Owners, Lessees Or Contractors – Scheduled Person Or Organization (CG 20 10); Additional Insured – Owners, Lessees Or Contractors – Automatic Status When Required In …
Yesterday was the first in this two-part series on limited designated operations endorsements. Discussed and corrected were the assertions that: • Coverage is reduced by attachment of the endorsement; • The endorsement limits the activities in which the insured can …
Improper application of insurance terminology by some insurance news sources has created a wave of worry over an endorsement these media outlets assert severely limits the protection provided by the commercial general liability (CGL) policy . Readers are even warned …
U.S. District Judge Lee Rosenthal in Houston has been called upon to rule if Great American Insurance Co. is acting within policy and contract language and in accordance with the required utmost good faith in asserting that it does not …
The days leading up to the inauguration of Barack Obama could be an economic windfall for residential property owners in and around D.C. Washington Post staff writer David Nakamura reports that droves of people are looking for temporary housing as …
Are You an Insurance Professional or an Insurance Hack? Editor’s Note: The following commentary was originally published on InsuranceJournal.com. The Letter to the Editor, on page N41, is in response to this commentary. American International Group’s meltdown may serve at …
Personal Lines Ordinance or Law Exposures Within 10 years of completion (sometimes in as little as five) a house may violate several parts of a community’s most current building codes. Specific jurisdictional ordinances and laws stipulate the point: at which …
The Internet has become more than a useful bridge for insurance agents trying to reach new markets for accounts — it’s also helped locate insurance for bridges. Insurance agents are reporting success connecting with brokers who assist them with market …
Eighty-eight dairy farmers in western Vermont and New York have taken a major economic hit from a Sept. 29 fire at the Saputo Cheese USA plant in Hinesburg, Vt. (about 12 miles southeast of Burlington). Ten to 12 percent of …
