Sample Delaware Indemnification Provision October 2004 ARTICLE VIIIndemnification SECTION…
Transit Policy Covers Goods Sold but Not Delivered? Q Until recently, our insured had been shipping goods to their customer for more than twenty years…
Employee Dishonesty Coverageand Third Parties Q We insure a moving and storage company that wants to bond its employees for theft of merchandise from…
In Bankruptcy, Are D&O Policy Proceeds Considered Estate Property? October 2004 Heightened by the Enron and WorldCom bankruptcies, there has been…
Boiler Leak—No Coverage If Caused by Deterioration Q An insured suffered a loss as a result of corroded and worn tubes in the insured boiler.…
Contractor's Profit Where the Insured Performs Repair Q I insure a company that owns a dry dock that was damaged when a boat tipped onto it. The dry…
Our client has a special form, businessowners property policy for a large industrial building. The building is a manufacturing plant that has a typical…
Replacement Cost — Reconditioned Property? Q Our insured has a businessowners policy, ISO special form BP 00 02 06 89. In August lightning destroyed…
Towing Means Use under Farm Policy? Q We insure a farmer on form FP 00 10 09 94. Included in this policy is coverage E, Scheduled Farm Personal Property.…
Discusses substation and transformer breakdowns and business income coverage.