Remove Commercial General Liability Remove Damage Remove Risk
article thumbnail

New Triple-I Issue Brief Puts the Spotlight on Georgia’s Insurance Affordability Crisis

Triple-I: Homeowners Insurance

This brief provides an overview of how several factors, including skyrocketing costs from litigation, pose risks to coverage affordability, availability, and other potential economic outcomes for Georgia residents. Data indicates that litigation costs have become a pervasive concern for risk management.

article thumbnail

Blog Post: The Long Tail Bites Back: When Old Policies Haunt New Problems

LexisNexis

Discover how nothing says “legacy risk” like a 1972 occurrence clause. Occurrence or Claims-Made Policies Learn about the attributes of occurrence and claims-made insurance policies, which refer to the two basic types of triggering events found in liability policies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Landlord Insurance: Costs and Coverages in the City

Distinguished

Landlord insurance is a policy designed to protect unit owners from the risks of renting out their properties. These risks can include property damage caused by floods or fire, and liability coverage if a landlord gets sued by a tenant or building guest. Sewer and drain backup : Water damage caused by backups.

article thumbnail

Blog Post: April Fool’s-Proof Coverage: Manage Construction Risks Through Commercial General Liability Insurance

LexisNexis

Learn how to specify the insurance to be obtained in a building contract so coverage for construction risks is maximized. Impact of Climate Change on Coverage under Builder's Risk Insurance Policies for Renewable Energy Projects Explore issues that might arise under a standard builder's risk insurance policy.

article thumbnail

Blog Post: Construction Defect Litigation: Key Insurance Issues

LexisNexis

Learn about discovery and coverage issues and cases involving damages to construction projects and the ways to prove who was at fault. Read now » Related Content Design and Construction Defect Claims: Overview and Defense Strategies Discover the basics of a defect claim against a designer or contractor.

article thumbnail

Blog Post: Construction Defect Litigation: Key Insurance Issues

LexisNexis

Learn about discovery and coverage issues and cases involving damages to construction projects and the ways to prove who was at fault. Read now » Related Content Design and Construction Defect Claims: Overview and Defense Strategies Discover the basics of a defect claim against a designer or contractor.

article thumbnail

Cannabis Industry Prospects Brighten;Risks, Challenges Remain

Triple-I: Workers Compensation

Without legislative change, banks and insurers can’t do business with business without risking running afoul of federal drug laws. The CLAIM Act would let these businesses obtain insurance to cover the same risks of theft, damage, injury, loss, and liability as all other businesses.