An insurance scheme shows its flaws.
The third of several parts of an analysis of the updated Homeowners - Special Form March 2022 edition. Coverages D Loss of Use and E Additional Coverages are discussed.
When hurricane wind damages a window's effectiveness, leading to property damage from rain, is there coverage?
Nearly 420 deals were completed during 2021, which saw a lot of activity during its second half.
HO 04 95 03 22 Limited Water Back-up and Sump Discharge or Overflow Coverage.
Corporations may prefer to pay these costs rather than face a rock-hard D&O insurance market and the seemingly "deny first and ask questions later" attitude of many claims handlers nowadays, or go through the hassle of creating a trust or other alternative arrangement for indemnification.
On Oct. 21, 2021, a revolver used as a prop gun for the film "Rust" was accidentally discharged by actor Alec Baldwin during a rehearsal at the Bonanza Creek Ranch in Bonanza Creek, New Mexico, according to media reports and the complaint.
Our sister site, PropertyCasualty360.com is partnering with Celent to take the insurance industry's temperature on automating the claims process.
The company's GL policy did not cover bodily injury or property damage caused by 'rendering or failure to render' professional services.
The average D&O lawsuit costs over $120,000, Coalition, Inc. reports.