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- Design Professional Liability Coverage and its Interaction With Contract Terms
- This article will provide an overview of the nature of professional liability policy coverage triggers, professional liability policy deductibles and settlement concerns, the forms such professional liability policies take and the rationale behind the existence of various professional liability forms. In order to highlight the importance of a well-negotiated contract,...
- White papers 2003-01-01
Additional Resources
- SCOPE OF COVERAGE KEY TO LIABILITY POLICY.
- The backbone of the insurance program for International Speedway Corp./NASCAR is the spectator/participant liability insurance policy. Essentially a general liability policy specific to the motor sports industry, ``this is the broadest liability po The backbone of the insurance program for International Speedway Corp./NASCAR...
- Research articles 1999-04-12
- Euclid offers MPL liability policy.(Products & Services)(manufacturing professional liability)(Chubb Corp. has developed a modular insurance policy)(Lexington Insurance Co. increases services)
- Euclid offers MPL liability policy KANSAS CITY, Mo.-Euclid Managers L.L.C., an underwriting manager and claim administrator for Internet, tech, media and manufacturing professional liability, is offering a miscellaneous professional liability insu Euclid offers MPL liability policy KANSAS CITY, Mo.-Euclid Managers...
- Research articles 2007-05-28
- Court upholds bank D&O exclusion. (director and officer liability policy)
- Court Upholds Bank D&O Exclusion A United States District Court in California has ruled that a bank's director and officer liability policy does not apply to claims involving the Resolution Trust Corp., a federal agency, because of a "regulCourt Upholds Bank D&O Exclusion ...
- Research articles 1991-03-04
- Contractural liability under CGL still in flux.(commercial general liability insurance)(The FC&S Answer)(Column)
- This Insurance Services Office stood the commercial liability insurance world on its ear a few years ago when it announced its conclusion that the contractual liability cover of its commercial general liability policy does not necessarily cover the defThis Insurance Services Office stood the commercial liability ...
- Research articles 1995-11-27
- UMBRELLA & EXCESS LIABILITY.(companies offering such insurance)(Illustration)
- An umbrella liability policy accomplishes three purposes, the net effect of which is an "Uumbrella" of blanket catastrophe excess liability protection. These three purposes are: 1. Excess coverage over other liability insurance carried by thAn umbrella liability policy accomplishes three purposes, the net effect of...
- Research articles 1998-07-27
- CGL Policy Handbook.
- Aspen Law has also published CGL Policy Handbook, a looseleaf reference that "focuses on the most frequently litigated business liability policy today, the CGL policy," Aspen said. Written for practitioners on both sides of a dispute, the h Aspen Law has also published CGL Policy Handbook,...
- Research articles 2000-10-31
- Products & Services; LIU alliance offers liability coverage for CPAs.(News)(policy for certified public accountants)(Cigna Group Insurance offers programs for reducing disability and medical costs)(Travis Software Corp. issues an enhanced version, Tra
- DALLAS-Liberty International Underwriters, a division of Boston-based Liberty Mutual Insurance Co., has partnered with ProTexn Inc., a Dallas-based insurance agency, to offer an accountants' professional liability policy. The CPAEssential program DALLAS-Liberty International Underwriters, a division of Boston-based Liberty Mutual Insurance Co.,...
- Research articles 2005-08-01
- Monitor Liability Managers offers independent director coverage
- Monitor Liability Managers Inc., a member company of W.R. Berkley Corp., announced a liability policy that provides individual protection to independent directors. The policy protects the personal assets of an individual independent director of a publicly traded, privately held or nonprofit organization. Unlike policies that share limits across an entire...
- Research articles 2008-01-01
- Expand Your Directors & Officers Liability Market
- Most of what is written today about directors and officers (D&O) liability insurance deals with publicly owned businesses. Although D&O liability policies are not standard, there are similarities. They also can be referred to as the "typical" policy. The "typical" D&O liability policy for closed corporations and nonprofit organizations consists...
- White papers 2003-01-01
- Liability Insurers and Rights of Reimbursement
- Liability insurers face three especially difficult litigation problems. One of them arises when an insurance contract provides that an insurer has a duty to defend, the second one arises when the plaintiff sues an insured on all sorts of theories. The third problem arises when it is unclear whether there...
- White papers 2001-01-22
- Chubb liability policy tailored to IPO risks
- The Chubb Group of Insurance Companies introduced an insurance policy to help protect companies and their directors and officers from liabilities associated with an initial public stock offering IPO. The policy is specifically tailored to address the unique exposures associated with an IPO, as well as any subsequent securities offering....
- Research articles 1998-08-01
- Emotional distress claim under CGL denied in Calif.(commercial general liability)
- The California Supreme Court has ruled that since there's no coverage under the commercial general liability policy for emotional distress resulting from uncovered losses, insurers have no duty to defend suits for such claims. The decision threw out $The California Supreme Court has ruled that since...
- Research articles 1995-09-04
- Allstate gives gay couple joint liability coverage. (Allstate Insurance Co.) (includes related article)
- Allstate Ins. Co. has set aside its definition of family to write a joint excess personal liability policy for a gay couple living in New York City, but it's not clear whether this represents a permanent change in the carrier's underwriting standards. Allstate Ins. Co. has set...
- Research articles 1995-02-06
- Aetna extends D&O coverage to insiders. (directors' and officers' liability)
- Aetna Extends D&O Coverage To Insiders Responding to increasing corporate vulnerability in mergers and takeovers, Aetna Casualty and Surety Co. has announced that it will extend a simplified directors' and officers' liability policy to protect aAetna Extends D&O Coverage To Insiders ...
- Research articles 1989-08-21
- MasterCard extends liability protection.(Advisor)
- MasterCard International is extending its zero liability policy to its U.S.-issued MasterCard BusinessCard and Debit MasterCard BusinessCard cards. Beginning September 1, small businesses will receive the same fraud protection personal cardholders ha MasterCard International is extending its zero liability policy to its U.S.-issued MasterCard BusinessCard...
- Research articles 2006-04-01
- Aviation product liability policy offered.(new ACE Ltd. product)
- In response to a market demand, in June ACE Ltd. will expand its underwriting capabilities by offering aviation product liability cove age. "Seats can burn, they have an exposure," said Bradford Rich, executive vice president and general counsel. "Navigational equipment can fail, so it has...
- Research articles 1995-05-01
- AIG unit hit with bad-faith charges; Schering-Plough, Lexington disagree over interpretation of liability policy wording.(News)(American International Group Inc.)
- Byline: DOUGLAS McLEOD NEWARK, N.J.-Pharmaceutical giant Schering-Plough Corp. is leveling bad-faith charges against an American International Group Inc. unit for its alleged refusal to pay more than $21 million in product liability losses on thre Byline: DOUGLAS McLEOD NEWARK, N.J.-Pharmaceutical...
- Research articles 2005-08-08
- ISO LIMITS GARAGE POLICY COVERAGE TO DEALERSHIPS
- Effective with its September 2002 rule revision, the Insurance Services Office ISO now makes its garage policy available only to franchised and non-franchised automobile dealerships. Auto repair, parking and service operations need to use the commercial general liability policy and the business auto policy for their coverage.
- Research articles 2005-08-01
- ISO LIQUOR LIABILITY POLICY
- Company A and Company B are profitable businesses that make roughly $1 million annually. Company A has fewer than 50 employees while Company B has more than 100 on its payroll. The two operations are insured by commercial general liability CGL policies and they face a similar problem. Late last...
- Research articles 2006-04-01
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