Remove Commercial General Liability Remove General Liability Remove Liability
article thumbnail

Liberty Mutual Settles With Travelers Over New York Subcontractor Liability Coverage

Insurance Journal

Liberty Mutual reported that it has reached a settlement with Travelers Insurance in a case involving a construction firm being sued by a man who was injured when he fell down an elevator shaft on a construction site. Liberty Mutual …

article thumbnail

OVERLOOKED AND UNDERINSURED

Rough Notes

Navigating gaps between faulty workmanship and contractors professional liability By Natalie Sherod, CPCU, CRM, CIC Faulty workmanship and contractors professional liability (CPrL) exposures continue to challenge construction firms and insurance advisors alike.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Triple-I: Homeowners Insurance

Property damage liability claims per 100 insured vehicles are 15 percent higher, and relative body injury claims frequency is 60 percent higher. The five-year average count for liability claims increased 24.9 Rising claim frequency and litigation costs put coverage affordability and availability at risk.

article thumbnail

Blog Post: From Boilerplate to Blueprint: The Secret Life of Standard Insurance Policy Forms

LexisNexis

ISO Form CG 00 65 04 13 (Commercial General Liability - Electronic Data Liability Coverage Form) Dive into the Insurance Services Office (ISO) form addressing an insurer’s payment of the sums an insured becomes legally obligated to pay as damages because of "loss of electronic data" to which the insurance applies.

article thumbnail

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

LexisNexis

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. Discover how nothing says “legacy risk” like a 1972 occurrence clause.

article thumbnail

Landlord Insurance: Costs and Coverages in the City

Distinguished

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. Through these packages, your clients get access to the following coverages: Commercial general liability : Provides up to $1,000,000 per occurrence, with $2,000,000 of coverage in aggregate.

article thumbnail

Blog Post: It Smells Like Legal Spirit: Attorney Advertising From Billboards to Blogs

LexisNexis

Personal and Advertising Injury Insurance Coverage Learn about the insurance coverage available to a policyholder for claims alleging personal injury and advertising injury, with a focus on the Commercial General Liability Policy.