trigger News

Occurrence vs. Claims Made Coverage Forms

One of two coverage “trigger” forms is used to provide liability protection: the “occurrence form” or the “claims made” form. Generally, there is no difference in the breadth of protection provided by either form, the difference lies in what “triggers” …

Irene Losses Won’t Trigger Policy Payouts – CCRIF

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced that, “while Hurricane Irene resulted in registered losses in six of its member countries (Anguilla, Antigua & Barbuda, the Bahamas, Haiti, St. Kitts & Nevis and the Turks & Caicos Islands), none …