Is a standard ISO Professional Liability form finally here?

The ISO has issued a form Professional Liability policy, but will it be acceptable to insurers and policyholders?

By Randy J. Maniloff | Updated on September 18, 2017

One of the hallmarks of commercial general liability insurance is that it’s provided by insurers with relatively consistent terms.

Whether insurers use ISO’s CG 00 01 form, or something similar, you can be pretty certain that the potential for coverage is based on “bodily injury” or “property damage,” that takes place during the policy period, and was caused by an “occurrence,” defined as an accident (you know the rest).

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