Agents are often befuddled when a professional liability carrier refuses to provide an additional insured endorsement or excess limits appear to be too expensive.
Continue reading about Quirks in the PL World – 1/7/10 Knowledge Knugget
For most policies you will ever write, your insured is the entity that is the Named Insured. However, there are a couple of exceptions, and the nature of the exception can affect how you interact with your insureds.
The exception that’s weighing on my mind at the moment is D&O coverage. Even when you write an [...]
Business relationships are all about contracts, and certain breaches of contracted expectations give rise to coverage under an E&O insurance policy.
Investment advisors and money managers frequently forego professional liability coverage. Now that some notable funds have imploded, perhaps they’ll see why they need coverage. With luck, they’ll bestir themselves to purchase it.
