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 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
A much-needed tool for agents to get discussion about executive protection products on the table with their insureds.
Continue reading about Executive Protection Checklist Updated
The gap between your insured’s pro bono or bartered services and the coverage provided by their professional liability policy can be closed.
The most common wording in professional liability policies — inclusion of “for a fee” in the definition of professional services — can render a policy useless when your insured performs pro bono or other non-fee services.
Continue reading about Is “For a Fee” Wording Leaving your Insured Bare?
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