https://completemarkets.com/Article/article-post/2119/INSURING-CONTRACTORS-BE-CAREFUL-IT-CAN-BE-A-BIG-E-O-HEADACHE/
Insuring Contractors? Be Careful - It Can Be A Big E&O Headache
INSURING CONTRACTORS? BE CAREFUL - IT CAN BE A BIG E&O ...ions when the requested bonds are in excess of its bonding limits. This art...
https://completemarkets.com/Article/article-post/657/Reading-Contracts-For-Insureds-Guidelines-And-Sample-Disclaimer/
...specially for agents who insure contractors. Mike Edwards discusses the import...o any of the following:
1. Admit liability;
2. Participate in any settleme...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2139/CERTIFICATES-OF-INSURANCE-BEST-PRACTICES/
... they list the primary and all excess policies? I could not locate any specific legal precedent while researching this issue. It makes sense to list only those &# 160coverages applicable to the request for the cert. For example, when sending a certificate to a general contractor, you would probably need to list only the Workers Compensation, Liability and Umbrella coverages, not property. I d also suggest that an agent include all applicable policies (primary and excess) unless the request for the cert asks only for limit/coverage verification ... it might well have changed! Questions and Answers Several excellent questions at the conference warranted additional research: When an agent issues a certificate of insurance, is he or she legally obligated to list all applicable policies? For example, do they list the primary and all excess policies? I could not locate any specific legal precedent while researching this issue. It makes sense to list only those &# 160coverages applicable to the request for the cert. For example, when sending a certificate to a general contractor, you would probably need ... list only the Workers Compensation, Liability and Umbrella coverages, not property. I d also suggest that an agent include all applicable policies (primary and excess) unless the request for the cert asks only for limit/coverage verification up to a certain limit. When an agent issues a certificate but the excess policy excludes certain coverage (example: pollution), should the agent list the excess policy? If the certificate request is to show proof of Pollution coverage, the agent should not indicate on the cert any policies that exclude ...
https://completemarkets.com/Article/article-post/2139/CERTIFICATES-OF-INSURANCE-BEST-PRACTICES/
... do they list the primary and all excess policies? I could not locate any spec...de you with certified copies of all Liability insurance policies in force for ...
https://completemarkets.com/Article/article-post/2156/E-O-LEGAL-ACTIONS-THE-AGENCY-NEMESIS/
...et. The duty to perform is far in excess of the average retail business, but h...
https://completemarkets.com/Article/article-post/558/Whats-A-Liquidity-Ratio-And-Why-Should-It-Be-Important-For-An-Insurance-Agent/
...Measures the extent to which the excess of current assets over current liabil...
https://completemarkets.com/Article/article-post/69/Finding-Markets-The-Specialty-Program-Consultant/
...ivate Passenger Auto Liability, Contractors Liability, Auto Default insurance, Crane Rigging Contractors, Truck insurance, Yacht insurance,...
https://completemarkets.com/Article/article-post/2453/Adjusters-Say-The-Darnedest-Things/
...al property on which you or any contractors or subcontractors working directly or indirectly on ...a claim isn’t paid even though '... liability has become reasonably clear.'
Al...
https://completemarkets.com/Article/article-post/997/FINANCIAL-MANAGEMENT-IN-AN-UNCERTAIN-MARKETPLACE/
...loyee producers and independent contractors who work only through this agency ...
https://completemarkets.com/Article/article-post/1776/PAVING-COMPANY-SAVES-BY-INVESTING-IN-EMPLOYEES/
...ld, Chamberlain probably saves in excess of $60,000 a year and gains immeasura...