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... over some of the occurrence-based Liability policies endorsed to provide EPL coverage is demonstrated in the treatment of claims involving intentional conduct. Intentional acts is an important issue because most employment claims allege some form of intentional wrongdoing. Having an EPL insurance policy that excludes intentional acts is highly undesirable; such exclusions eviscerate the coverage. Many of the occurrence EPL forms reviewed for this article excluded intentional acts outright. Some even excluded willful failure to comply with the law, malicious acts, and other wrongful acts that are in violation of the law. ... the policy period dating from the enhancement. That is, there would be no enhanced coverage for prior acts. Under an occurrence EPL policy, a claim involving alleged wrongful conduct over the period of many years would probably make for complex coverage issues because the acts giving rise to an EPL claim might be covered under one year's policy and not by an earlier one. The result is likely to be coverage gaps and expensive litigation regarding the allocation of claims between covered and non-covered policy periods. The nature of EPL claims and the current ... EPL policies provided coverage on an occurrence basis. Squeamishness about how losses might pan out led underwriters to issue EPL policies on a claims-made basis. But recently there have been instances of EPL coverage being issued on an occurrence basis-in endorsements, or added onto General Liability, Umbrella Liability, or other Liability policies. Although many people think that claims-made coverage is inferior to occurrence coverage, there are arguments why this might not be true in regard to EPL coverage. EPL insurance has changed greatly in recent years. Just a few years ago ...

... over some of the occurrence-based Liability policies endorsed to provide EPL coverage is demonstrated in the treatment of claims involving intentional conduct. Intentional acts is an important issue because most employment claims allege some form of intentional wrongdoing. Having an EPL insurance policy that excludes intentional acts is highly undesirable; such exclusions eviscerate the coverage. Many of the occurrence EPL forms reviewed for this article excluded intentional acts outright. Some even excluded willful failure to comply with the law, malicious acts, and other wrongful acts that are in violation of the law. ... the policy period dating from the enhancement. That is, there would be no enhanced coverage for prior acts. Under an occurrence EPL policy, a claim involving alleged wrongful conduct over the period of many years would probably make for complex coverage issues because the acts giving rise to an EPL claim might be covered under one year's policy and not by an earlier one. The result is likely to be coverage gaps and expensive litigation regarding the allocation of claims between covered and non-covered policy periods. The nature of EPL claims and the current ... EPL policies provided coverage on an occurrence basis. Squeamishness about how losses might pan out led underwriters to issue EPL policies on a claims-made basis. But recently there have been instances of EPL coverage being issued on an occurrence basis-in endorsements, or added onto General Liability, Umbrella Liability, or other Liability policies. Although many people think that claims-made coverage is inferior to occurrence coverage, there are arguments why this might not be true in regard to EPL coverage. EPL insurance has changed greatly in recent years. Just a few years ago ...

... over some of the occurrence-based Liability policies endorsed to provide EPL coverage is demonstrated in the treatment of claims involving intentional conduct. Intentional acts is an important issue because most employment claims allege some form of intentional wrongdoing. Having an EPL insurance policy that excludes intentional acts is highly undesirable; such exclusions eviscerate the coverage. Many of the occurrence EPL forms reviewed for this article excluded intentional acts outright. Some even excluded willful failure to comply with the law, malicious acts, and other wrongful acts that are in violation of the law. ... the policy period dating from the enhancement. That is, there would be no enhanced coverage for prior acts. Under an occurrence EPL policy, a claim involving alleged wrongful conduct over the period of many years would probably make for complex coverage issues because the acts giving rise to an EPL claim might be covered under one year's policy and not by an earlier one. The result is likely to be coverage gaps and expensive litigation regarding the allocation of claims between covered and non-covered policy periods. The nature of EPL claims and the current ... EPL policies provided coverage on an occurrence basis. Squeamishness about how losses might pan out led underwriters to issue EPL policies on a claims-made basis. But recently there have been instances of EPL coverage being issued on an occurrence basis-in endorsements, or added onto General Liability, Umbrella Liability, or other Liability policies. Although many people think that claims-made coverage is inferior to occurrence coverage, there are arguments why this might not be true in regard to EPL coverage. EPL insurance has changed greatly in recent years. Just a few years ago ...

... that excludes intentional acts is highly undesirable; such exclusions eviscer...t coverage available. Pricing remains highly competitive, and high limits of Liability are available for most insureds....

...ersonal Injury 3. Million-Dollar Umbrella Liability If you have any questions, please ...

... an E&S carrier. Although not admitted, E&S carriers might have to be approved' by your Department of Insurance. Some risks might not be placed in an E&S market. Make sure you advise the insured that the carrier is not highly regulated (if at all), that there's no guaranty fund protection (except NJ), and that the account might not be subject to such statutory protections as cancellation notices. It's absolutely essential that you require any E&S insured — without exception — ... Categories Popular Recent All Back E&O And The Hard Market 5/24/2013 12:00:00 AM by CompleteMarkets Editor , Bill Wilson This content has not been rated yet. In a hard market, E&O claims have a tendency to rise in both frequency and severity due to increased workloads, reduced coverages, and other factors. This document by Bill Wilson focuses on some special E&O considerations that merit attention in a hard market. Although the focus in a hard market is often on retaining ... It's critical to advise your insured of any coverage reductions before renewal. The same holds true if the carrier will only renew at lower limits and/or increased deductible amounts. Recently, an agent quoted a $90,000 premium for a $5 million Commercial Umbrella policy. The expiring Umbrella's limit was $25 million at a premium of $69,000 — 80% less coverage for 50% more premium. Coverage changes requested by insureds. Be wary of requests to eliminate or reduce such coverages as Uninsured Motorist or ...

...ecause the error rate is still too high. Years ago, after writing an article a... now and eventually, the cream always rises to the top. NOTE: None of the mate...

...that might have been obtained at a higher premium (such as not covering higher replacement costs), these facts shou...e examined, including CGL policies, umbrella and excess policies, and even wor...

...can become so fearful of losing a high-volume producer that they will raise t...t to finance their premiums Umbrella carriers won’t accept their...

...elling upscale formal gowns to the high school seniors who were graduating wit...agency's policy to offer Commercial Umbrellas to each account, then the audit ...