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Differences Between Named Insured and Additional Insured: Part 2
Apr 22 2024 // This post is part of a series sponsored by TSIB. When working on a construction project, the company you are working for may ask to be an Additional Named Insured or an Additional Insured. It’s easy to believe that...
Differences Between Named Insured and Additional Insured: Part 1
Apr 19 2024 // This post is part of a series sponsored by TSIB (updated 5/22/24). Often, the terms named insured and additional insured get lumped together to be interchangeable. However, that is not the case. Keep reading to learn about...
All Additional Insureds Aren’t the Same
Feb 7 2022 // For at least the past couple of decades, it seems that in just about every contract, the upstream party wants to be an additional insured (AI) on the downstream party’s insurance. Most commonly, the request is for AI...
4 Thoughts About THREE
May 8 2019 // I’ve held off commenting very much on THREE, the new three-page commercial policy by Berkshire Hathaway. It’s time for a few of my thoughts. It has only been filed in a limited number of states. So far, THREE...
Analysis: Warren Buffett Champions an Inferior Product in THREE Policy
Mar 25 2019 // Warren Buffett, often ahead of the curve, sounded like a disrupter in a 2004 shareholder letter. Fifteen years ago, Buffett wrote, “Insurers have generally earned poor returns for a single reason: They sell a...
Proper Insurance Coverage for Construction Crucial in Avoiding Costly Litigation
Sep 3 2018 // If residential property owners don’t confirm proper insurance coverage and carefully consider labor laws when hiring contractors, they could be in for some costly litigation, according to two speakers at a July...
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