Search found 25 matches

by lauren
Tue Dec 04, 2007 11:49 am
Forum: Hard-to-Place Accounts
Topic: Special Event Coverage Needed
Replies: 15
Views: 31514

Liability coverage for wedding

Isn't this already covered by the host's homeowner's liability? I don't know of any Homeowner's exclusion for weddings.
by lauren
Fri Jun 29, 2007 11:14 am
Forum: Opinions
Topic: Agents helping negotiate down insurance requirements
Replies: 9
Views: 6898

Post subject: Insurance negotiations

We are NOT advising our client to lower their limits, we are negotating with a certificate holder that is requiring limits or coverages that the insured has already chosen NOT to purchase. And to be fair, we sometime use a certificate holder request to encourage an insured to get the higher limits o...
by lauren
Thu Jun 28, 2007 11:21 am
Forum: Opinions
Topic: Agents helping negotiate down insurance requirements
Replies: 9
Views: 6898

Negotiating with Cert Holders

cid wrote "From your experiences; is this an E&O risk? To be more specific, if your client is unhappy that a customer is requiring a higher limit, an additional policy(such as an OCP), or something of this nature, is it an unacceptable E&O risk for the agent to(at your insured's request...
by lauren
Mon Apr 30, 2007 10:59 am
Forum: Opinions
Topic: Contractors - Calculating Extra Expense
Replies: 11
Views: 8824

Contractors BI

A contractor's expsoure is really Extra Expense. I write many contractors and have never had a BI loss. They will continue operations from another location if needed, but they never shut down or even slow down their operations. We do write some Extra Expense on Equipment, too, when they are using hi...
by lauren
Fri Feb 16, 2007 12:21 pm
Forum: Opinions
Topic: Switching insured from sole prop to Corp
Replies: 11
Views: 7063

I agree with Scott that you need to add both names. This is critically important due to the Products/Completed Operations exposure. If the sole proprietor is not a Named Insured on the policy when a claim occurs they would have no coverage. Let's say you install a roof and a few years later it colla...
by lauren
Wed Feb 14, 2007 12:04 pm
Forum: Hard-to-Place Accounts
Topic: Off Site work for a wrap
Replies: 8
Views: 12591

Off site coverage for Wraps

I may not understand your question, because most GLs cover off-site exposures for Wraps. The Wrap provides coverage for only on-site exposures, so every contractor working on the project must have their own GL to provide the off-site exposure coverage. And, it's standard practice to add the Owner an...
by lauren
Thu Dec 21, 2006 12:05 pm
Forum: Opinions
Topic: Co-Insured & Additional Insured Definition
Replies: 9
Views: 51212

I have never heard the term "Co-Insured". Where are you seeing this term?

Also, Additional Insured would be defined by the specific Additional Insured endorsement that is on the policy.
by lauren
Wed Nov 29, 2006 12:34 pm
Forum: Opinions
Topic: Products Liability occurrence question
Replies: 8
Views: 9091

Occurrence

Once again, the occurrence is when the BI or PD occurred. When the product was made, distributed, etc is not relevant at all.
by lauren
Wed Nov 29, 2006 11:54 am
Forum: Opinions
Topic: Products Liability occurrence question
Replies: 8
Views: 9091

Occurrence GL

Simply, put the BI or PD must occur during the policy period. Since your insured makes a product, that product is still out there after the policy expires and can cause BI or PD which would not be covered if there is no policy in force at the time of the occurrence. Your client would definitly have ...
by lauren
Tue Oct 31, 2006 12:12 pm
Forum: Opinions
Topic: Interesting Insurance Puzzle - coverage question
Replies: 26
Views: 18875

Fire Legal & Property Insurance

Fire Legal Liability does not limit to inside walls and ceilings. I don't know what CIC instructor taught that, but it's not true. It applies to the PREMISES rented to the insured. It does not define premises so there is no way an insurance company can limit that to mean interior walls and ceiling. ...