Remove Commercial Remove General Liability Remove Policyholder
article thumbnail

How to Avoid Coverage Gaps That Can Lead to E&O Claims

American Agents Alliance

Policyholders often do not fully understand their policy or notice potential coverage gaps, yet they may expect to have coverage if they suffer a loss. Insurance coverage has become more complex in many ways, leaving policyholders without the right policies at times.

article thumbnail

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

Triple-I: Homeowners Insurance

Tort reform is discussed as a legislative solution to the challenge of legal system abuse excessive policyholder or plaintiff attorney practices that increase costs and time to settle insurance claims. The five-year average count for liability claims increased 24.9 percent (2014 – 2018 at 583,756 vs. 2019-2023 at 729,191).

Insiders

Sign Up for our Newsletter

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

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

Single-Year, Multi-Year, and Multi-Policy Insurance Coverage Claims Disputes Analyze issues that can arise for policyholders and insurers when insurance policies of various durations are called upon to answer for claims, and when multiple policies can also apply. Discover how nothing says “legacy risk” like a 1972 occurrence clause.

article thumbnail

Landlord Insurance: Costs and Coverages in the City

Distinguished

Insurance agents and brokers looking to get more business from landlord clients will need access to a program that can insure multiple units or buildings, including a mix of landlord, commercial, and tenant-occupied spaces. It can also include commercial, personal use, or rented units.

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.

article thumbnail

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

LexisNexis

Read now » Related Content Builders Risk Insurance and Its Use in Construction Projects Discover the unusual characteristics of builders risk insurance and how features of the coverage differentiate it from other commercial policies that can afford some, but not identical, protection to the policyholder.