Some contractual requirements are nearly impossible to fulfill, and others are in conflict with each other. What’s an agent to do?
Continue reading about Your Insureds’ Contractual Requirements – Part 2
Agents are frequently provided insureds’ contract requirements in order to determine insurance needed. But contract requirements can go well beyond limits and Additional Insured status. Does an agent owe a duty to their insured to provide the coverage required by the contract? Or even more frightening — does the agent owe a duty to the insured’s client?
Continue reading about Your Insureds’ Contractual Requirements
Agents frequently insure entities on whose boards they serve. There are inherent conflicts and dangers in this business-building approach. Exercise Caution!
Continue reading about Caution! — Agents on Boards – 2/4/10 Knowledge Knugget
D&O policies are not intended to cover professional services, even though the entity and the employees are insured for their wrongful acts.
Continue reading about D&O Policy for Professional Exposures?
The gap between your insured’s pro bono or bartered services and the coverage provided by their professional liability policy can be closed.
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