From a historical perspective it would interesting to interview some independent agents. However, I don't think many are around who started a career or went back to their career as a independent agent after World War II. Although some agencies that are still in existence with the second generation m...

One additional issue: did he KNOW this was a possible claim? I wonder if that would come up when filing a claim... This could be a problem if on the application for the EPLI 3rd party insurance there is a question "Is your facility designed to be ADA compliant?" If the answer was "ye...

The reason for the tenant liability is so the owner does not have to use their insurance. There are adverse consequences when the owner's liability insurance responds to lawsuits arising out of the tenant's premise. The owner may be embroiled in a lengthly lawsuit because the owner's carrier is disp...

If the tenant has opted for loss of income, in lieu of, extra expense the BI/EE form will define loss of income. It may be defined as gross income less non continuing business expenses. In the event of a covered loss it is highly likely the tenant's carrier will want a copy of the lease to confirm t...

There are RPG's and RPG's. Just some items to check with this RPG: - Is a reinsurance cut through endorsement available? - Is the insuring agreement "pay on behalf of" or "to indemnify"? - Is there a "consent to settle" clause? - Does the cost of legal defense reduce th...

The homeowner's/renter's/dwelling owner's policies have a "other insurance" clause that presents a problem for the owner or renter settling a claim with their insurance company when there is another insurance company providing supplemental coverage. The reason for the "other insurance...

I guess there is not enough time to underwrite as a restaurant since the owners have commenced renovations and catering operations. Check with the contractor to find out if their builder's risk policy can be used to provide the short-term property coverage. Also, if the lease requires the landlord t...