How To Handle Multiple Claimants and Insufficient Policy Limits Scenarios?
When multiple lawsuits are filed and policy limits will be insufficient to settle all the claims or pay for all potential judgments, unique questions arise.
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Matter of Kelly v. DiNapoli
Click Here for FC&S Legal Expert AnalysisMatter of Kelly v DiNapoliCourt of Appeals of New YorkFebruary 13, 2018, DecidedNo. 2, No. 32018 N.Y. LEXIS…
Read Full ArticleMichigan Municipalities Participating in Auto Insurance Fire Loss Program
A bulletin from Michigan Department of Insurance and Financial Services regarding participation in the Auto Insurance Fire Loss Program.
Read Full ArticleSuicide by Gunshot
Suicide by Gunshot August 6, 2013 Question is under a homeowners policy, the named insured commits suicide by shooting himself with a shotgun. We are…
Read Full ArticlePersonal Comfort Doctrine Explained
Personal Comfort Doctrine Explained Q We know that workers compensation coverage is to apply when an employee is injured in the course of employment.…
Read Full ArticleContinuous and Long-Tail Exposures in Commercial Umbrella and Excess Liability Programs: Distinct Coverage Challenges
Claims spanning multiple policy years present some of the most complex coverage issues in commercial umbrella and excess liability insurance. Long tail and continuous injury exposures frequently implicate prior or underlying carriers, particularly when one or more insurers become insolvent. In such circumstances, disputes commonly arise regarding defense obligations, the proper exhaustion of limits, allocation methodologies, and whether excess policies must drop down. For insurance brokers and senior risk managers responsible for layered liability programs, a clear understanding of these issues is essential to securing effective risk transfer and minimizing protracted coverage litigation.
Read Full ArticleBP 05 70 12 20 Disclosure Of Premium Through End Of Year For Certified Acts Of Terrorism Coverage (Pursuant To Terrorism Risk Insurance Act)
BP 05 70 12 20 Disclosure Of Premium Through End Of Year For Certified Acts Of Terrorism Coverage (Pursuant To Terrorism Risk Insurance Act) businessowners endorsement.
Read Full ArticleCommercial Umbrella Liability Checklist
Commercial Umbrella andExcess Liability Coverage October 2011 Coverage Checklist Umbrella and excess liability policies share a common goal of providing…
Read Full ArticleInsurance Coverage Q and A of the Week- RCV vs ACV Settlement and Coinsurance
The interplay of RCV, ACV, and coinsurance clauses.
Read Full ArticleThe Parameters of Flood Insurance
The Parameters of Flood Insurance Wading Through Mud, Floods and Rising Lakes By Christine G. Barlow From the May 2013 issue of Claims Magazine Spring…
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