Insurance broker Marsh said it has collaborated with Amazon to build a new digital insurance network, Amazon Insurance Accelerator, where small businesses selling on Amazon can purchase product liability coverage. Amazon now requires third-party sellers to obtain product liability coverage …
The last time that we thought about Frank and Jimmy, Jimmy had just finished his work in Frank’s deli. You don’t remember Frank and Jimmy? You didn’t read those posts, you say? That’s no problem. Here’s Part 1 & Part …
QBE North America’s Commercial Insurance business has introduced a manufacturing E&O endorsement to its product liability product offering. The manufacturing E&O endorsement is a claims made coverage form providing broad coverage on a simple rating basis. This endorsement closes a …
CNA has enhanced package policy for mid-sized businesses, CNA Paramount, to offer broader, more flexible, proprietary general liability coverage. The new enhancement includes industry-specific general liability extension endorsements (GLEEs). Through these industry-specific GLEEs and CNA Paramount’s modular structure, agents can …
The Hanover Insurance Group, Inc. has launched an enhanced suite of general liability and umbrella coverage offerings for independent insurance agents to offer their business clients. These product enhancements include industry-specific and specialized coverage endorsements that can further extend coverage. …
The U.S. District Court in Pennsylvania ruled last week that multiple claims that arose from allegedly defective drywall that the insured entity imported in one single shipment from China should be considered a “single occurrence” for the insurance coverage. The …
Homeowners, businesses, and municipalities in the tri-state area continue to rebuild and rebound from Superstorm Sandy. Often, large-scale devastation and destruction are followed by lawsuits against individuals and entities allegedly responsible for protecting, managing, and maintaining the damaged buildings. A …
The Virginia Supreme Court has recently granted rehearing of a closely followed legal case involving global warming, The AES Corp. vs. Steadfast Insurance Company. The court says its previous decision on the case has been “set aside.” On Jan. 17, …
The Virginia Supreme Court has ruled in favor of an insurance company in a closely watched legal case involving global warming. The high court ruled that Steadfast Insurance Co., which provided commercial general liability (CGL) coverage for energy company AES …
Insurers in South Carolina may find themselves on the losing side over a battle to prevent construction defects from being covered under a general commercial liability (CGL) policy. The South Carolina Senate has approved a bill (S.431) that would reverse …
