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The Rough Notes Company Inc.

Coverage Concerns

    DISRUPTION WITHOUT DAMAGE

DISRUPTION WITHOUT DAMAGE

Few property insurance policies provide coverage for business interruption resulting from a pandemic. Looking forward, there are two recent developments in insurance coverage that agents and brokers can promote. Learn more. DISRUPTION WITHOUT DAMAGE The new frontier of risk and insurance By Joseph S. Harrington, CPCU How do you address the elephant in the room when everyone is tired of hearing about it? Unless you’ve been hiking alone in a

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    TEXT ME IF YOU CAN!

TEXT ME IF YOU CAN!

A cosmetic surgeon made unauthorized use of a spa’s customer list to send advertisements of its services. One recipient sued the surgeon, claiming violations of two different, federal consumer acts. The surgeon, in turn, asked his insurer for protection under a medical professional liability policy. The claim was denied and the insured asked the courts to intervene. Below is the court’s opinion on whether protection existed for the surgeon’s communication

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    REMEMBER THE LENDER

REMEMBER THE LENDER

REMEMBER THE LENDER When insuring real estate, recognize how the presence of loan financing affects loss settlement… and insureds. By Joseph S. Harrington, CPCU (relying on James R. Mahurin, CPCU, ARM) It’s worthwhile to hear from risk management and insurance consultant Jim Mahurin every once in a while. Careful readers of this blog will recall Jim’s observations a year ago on the limitations of certificates of insurance. A year later,

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    IS HAGGLING OVER ROOFTOPS A WORTHY DISPUTE?

IS HAGGLING OVER ROOFTOPS A WORTHY DISPUTE?

A large condo development suffered substantial hail damage to many of its buildings’ roofs. After initial interaction with its insurer, the two parties went to arbitration in hopes of resolving their dispute over the extent of the loss. Dissatisfied with the non-binding decision made by an appraisal judge and the appraiser selected by the insurer, the condo association sued. Here is how the courts viewed the loss in a manner

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    IS ADDITIONAL INSURED STATUS JUST A TECHNICALITY?

IS ADDITIONAL INSURED STATUS JUST A TECHNICALITY?

An insurer denied coverage for a contractor. The carrier held that the contractor was not owed coverage as it was not explicitly shown under a written agreement to be an additional insured. The contractor, seeking reimbursement after being sued by a city for negligent work, sued the insurer for recovery. See if the courts agreed whether the contractor was eligible for coverage. In May 1999, KB Home Tucson, Inc., hired

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