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An insurer allegedly refused to pay a 2017 hurricane damage claim submitted by a Miami Lakes condo association. That move, which already has a multi-million dollar price tag, may lead to further exposure.
This is a somewhat comprehensive discussion of the emerging risk posed by generative artificial intelligence (GAI).
The implosion of a commercial submersible raises questions of liability, the role of assumption of risk, and operational negligence.
This discussion analyzes the Owners and Contractors Protective Liability (OCP) Coverage Form, CG 00 09.
This collection of articles is designed to help users navigate FC&S, including tips on asking questions and a video tutorial.
This checklist is designed to help the agent or underwriter review the main issues with an insured before writing a commercial property policy.
The attorneys for an Atlanta woman injured in a low-impact collision with a city bus employed an unusual tactic in obtaining a $1.2 million jury award for their client.
The National Council of Insurance Guaranty Fund chart providing claims parameters by state. Reprinted with permission.
Insurance company insolvencies bring multiple statutory provisions when state insurance guaranty associations are triggered. One such provision that insureds, claimants, agents and attorneys should be aware of is the "Net Worth Exclusion". A brief summarization of the model act general provisions and examples are discussed in this article.