Category: CGL

Maintaining AI Status After Completion of Work

Your insured has entered into a contract requiring that the other party be provided CGL additional insured status for two years beyond the completion date of the work. If asked to confirm that the insurance provided by the agent complies with the contract, how should the agent respond?:

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The CGL Policy and Faulty Workmanship

Many insurance policies cover a lot of loss exposures, but none cover EVERY loss exposure. Sometimes this is hard for a consumer or business owner to understand. Why did someone pay a lot of money for insurance that doesn’t cover what happened? This article is about a recent email I received from a consumer and how I explained the lack of coverage.

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Beware CGL Classification Endorsements!

A hardware store negligently performed an oil change on a lawn tractor. When the mower was used by the customer, the oil leaked out, damaging the engine. The store’s CGL insurer has denied the claim, citing a “classification” endorsement that applied to “hardware stores.” Is this a justifiable denial?

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Another Certificate of Insurance Noose

For a number of years, issues involving certificates of insurance seemed to have calmed down. But that may be changing as a new generation of COI requestors begin to make outrageous and onerous requests of agents. But in most states, agents have a way out if they know where to look.

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What Does “Direct Physical Loss Of Or Damage To Property” Mean?

In a recent COVID-19 business income lawsuit, the court opined that direct physical “loss of” property could include “loss of use of” that property. This is an erroneous reading of the policy form and certainly not the intent of the insurance contract. This article explains why that is and links to a more detailed discussion that refutes this interpretation.

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