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The Rough Notes Company Inc.

Coverage Concerns

    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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    HOME, SWEET CYBER HOME

HOME, SWEET CYBER HOME

Personal cyber insurance constitutes a substantial step up from identity theft coverage in that it addresses a range of first- and third-party exposures. What else is different in the personal cyber arena? HOME, SWEET CYBER HOME Personal cyber insurance is becoming a component of household coverage By Joseph S. Harrington, CPCU Cyber insurance has had an interesting evolution, and that evolution continues—right into our homes. It seems like only yesterday

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    OPPORTUNITIES OR BURDENS? BOTH

OPPORTUNITIES OR BURDENS? BOTH

Management liability or directors and officers (D&O) exposure was long viewed as a concern exclusively for leaders of publicly held corporations. That’s no longer the case. Producers need to respond. OPPORTUNITIES OR BURDENS? BOTH Small commercial accounts could use, but may not welcome, management liability insurance By Joseph S. Harrington, CPCU “Liability goes where the money is,” says Kenneth S. Abraham, a professor of law at the University of Virginia

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    STOLEN CARGO, YES, BUT DOES THAT MEAN IT’S COVERED?

STOLEN CARGO, YES, BUT DOES THAT MEAN IT’S COVERED?

STOLEN CARGO, YES, BUT DOES THAT MEAN IT’S COVERED? Truck cargo was insured under a Transportation Policy when a theft occurred. The cargo owner expected coverage; however, the insurer disagreed. It held that its policy was not obligated to pay as the loss details did not qualify for coverage. The cargo owner sued for coverage. Here is how a court addressed whether the situation was an eligible claim. Editor’s note:

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