https://completemarkets.com/Article/article-post/2574/Sample-Presentation-Package/
... Non-Owned Watercraft
Limited Worldwide Liability
Extended Bodily Injury
...MBRELLA
Limit of Liability
Premium
Limit of Liability
Premium
ENERGY...
https://completemarkets.com/Article/article-post/2136/LOOKING-TO-INSURE-SOCIAL-SERVICES-AGENCIES/
...t what the agency has planned. If liquor might be served at fund-raisers, be s...limit options to consider. Sizeable Liability/Professional losses can occur wh...
https://completemarkets.com/Article/article-post/1635/MANAGING-RISK-A-GUIDE-FOR-YOUR-BUSINESS-CLIENT-PART-4-OF-4/
... IX.' The Best ratings have only limited usefulness (some insurers with high ...
https://completemarkets.com/Article/article-post/2135/E-O-EXPOSURES-IN-INSURING-YOUR-NEIGHBORHOOD-TAVERN/
... and document these discussions. Liquor Liability Liquor liability is a key coverage for any tavern. B... special events that require higher liability. Many time element coverages con...
https://completemarkets.com/Article/article-post/238/The-Hard-Market-An-E-O-Perspective/
...capacity and more restrictive and limited reinsurance, it’s not prudent to ass...g a risk that served alcohol and the Liquor Liability and General Liability had total exclusions on assault ...
https://completemarkets.com/Article/article-post/2121/KNOWLEDGE-ACTION/
...t never talked to the owner about liquor liability. Unfortunately, there was a fatalit...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/238/The-Hard-Market-An-E-O-Perspective/
... ones who benefit are the attorneys. Agencies must take the due diligence' process in their client relationships to a higher level. Let's look at three areas in detail, together with the problems inherent in each. Carrier solvency issues, including financial impairment and the resulting limitation and vulnerability Standard vs. Excess and Surplus Lines Markets Expiring vs. Renewal Coverage CARRIER SOLVENCY Carrier solvency issues are a major problem. We've gone through a long period of soft market conditions, with little attention paid to the fact that insurance is an underwriting business ... &S side, when you get a proposal from the broker, review the limitations and exclusions carefully. Be sure you understand them so that you can go through them with the client. For example, if you were writing a risk that served alcohol and the Liquor Liability and General Liability had total exclusions on assault and battery, be sure you explain this to the insured. It's best to have the E&S broker provide a copy of the exclusion endorsement so that you can go over it with the insured. We've ... a number of E&O cases in which the agent (according to the client) assumed the client had read the proposal and never brought up the exclusion. Of course the client specifically remembered telling the agent that they needed the coverage and the file wasn't documented. There are a number of initiatives that you might take to protect yourself and your client in this process. Take extra precautions and be aware that you have a very real exposure that might impair your ability to operate. The market has changed significantly. Business as ...