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Coverage Concerns

    DON’T ASSUME THAT EXPOSURES ARE SIMPLE

DON’T ASSUME THAT EXPOSURES ARE SIMPLE

DON’T ASSUME THAT EXPOSURES ARE SIMPLE It is understandable to think that premises liability may be routine, but there are often elements or circumstances that cause complications. Even exposures that are essentially residential can become entangled. One family owned a farmhouse and several properties as investments. They were all purchased and insured by a Commercial General Liability policy under the name of a limited liability corporation (LLC). The furnished farmhouse

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    UTILITY SERVICES COVERAGE: AN OFTEN-OVERLOOKED ENDORSEMENT

UTILITY SERVICES COVERAGE: AN OFTEN-OVERLOOKED ENDORSEMENT

Risk Managers’ Forum By Cathariya “Cat” Ferris UTILITY SERVICES COVERAGE: AN OFTEN-OVERLOOKED ENDORSEMENT What happens when a loss is caused by damage from a covered peril to property away from the insured’s premises? Hector, a restaurant owner, saw the news and knew that the hurricane was heading toward the Florida coast. Being nearly 70 miles inland, he wasn’t too concerned about catastrophic winds or any potential storm surge, but he

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    HOLD YOUR NOSE

HOLD YOUR NOSE

Dig a Little Deeper By Bruce Hicks, CPCU, CLU HOLD YOUR NOSE Flooding is an age-old property event that affects personal and commercial insureds The Court Decisions column is a popular feature in Rough Notes magazine, in part because the courtroom is where the promises made in an insurance contract often become real. All insurance professionals can develop “what if” scenarios, but until those scenarios are tested with an actual

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    SUBSCRIPTION INSURANCE

SUBSCRIPTION INSURANCE

SUBSCRIPTION INSURANCE It’s intriguing, but not a serious threat By Joseph S. Harrington, CPCU Welcome to “subscription culture,” where consumers expect to be able to order what they want, when they want it, in whatever quantity they want, for as long as they want. Subscription culture is perhaps best exemplified by the “streaming services” that provide television programs and internet content to individuals who select them on a fee-for-service basis.

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    THAT LACK OF COVERAGE IS CRIMINAL

THAT LACK OF COVERAGE IS CRIMINAL

THAT LACK OF COVERAGE IS CRIMINAL Renting property usually is risky. One landlord’s experience was particularly poor. The landlord’s tenants were asked to leave when the renters appeared guilty of criminal activity. The property was inspected once the tenants were gone. The landlord found that his property may have suffered from either the use and/or manufacture of illegal drugs. The landlord’s suspicions were confirmed by a service he hired. The

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