https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/1668/Epl-Coverage-Goes-Where-We-Cant/
... has sued the third party. Let's assume Curbside Concrete's employee is injured in an accident while driving a company mixer and sues the other driver. The other driver may then sue Curbside, arguing that a defect in its truck caused the accident. Employees using tools are especially prone to making claims like this. Employers Liability coverage is the remedy in a situation where an injured employee sues the faulty tool's manufacturer, and then the manufacturer sues the employer for poor training or maintenance of equipment. Unlike Workers Compensation benefits, Employers Liability coverage goes beyond the workplace and the physical effects of the employee's injury. It handles claims by relatives or dependents who sue for loss of care and services that were once provided by the injured employee-or relatives sue for consequential bodily injury (for example, loss of sexual functioning ... ! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Epl Coverage Goes Where We Can't 5/15/2014 12:00:00 AM by CompleteMarkets Editor This content has not been rated yet. Workers Comp policies go by the official name of Workers Compensation and Employers Liability policy. With employers eager to assure their injured workers of recovery benefits, it's easy to overlook the Employers Liability' aspect of this policy. It's there to protect the insured employer against liability arising from physical injury and occupational illness claims not covered by Workers Comp. Once one learns of Employers Liability coverage's limitations, the value of adding Employment Practices Liability coverage to the program becomes obvious. Employers Liability ...
https://completemarkets.com/Article/article-post/2085/HIDDEN-LIABILITIES-IN-MERGERS-AND-ACQUISITIONS/
...or area of study is the changing liability resulting from: newly formed corpor...carefully examine the potential for liability and weigh the possible risks tha...
https://completemarkets.com/Article/article-post/1668/Epl-Coverage-Goes-Where-We-Cant/
...rkers Compensation and Employers Liability policy.' With employers eager to as... coverage like Employment Practices Liability (EPL) insurance. A company's emp...
https://completemarkets.com/Article/article-post/1669/FINANCIAL-INSURANCE/
...hnique addresses include Product Liability (including products recall), Pollution Liability, Errors and Omissions Liability, Workers' Compensation, and high-de... current values. Protection of liability reserves from appropriation. Thi...
https://completemarkets.com/Article/article-post/1670/KEEP-EMPLOYER-LIABILITY-COVERAGE/
Keep Employer Liability Coverage
KEEP EMPLOYER LIABILITY COVERAGE Danger intrudes when a company deletes Employer Liability coverage from its Workers Comp poli...ing situations call for an Employer Liability endorsement in the Workers Comp ...
https://completemarkets.com/Article/article-post/2564/Its-a-Small-World-Doing-Business-Abroad/
...icularly in the areas of product liability. Many of these firms are insured by...res: Auto, Health, Marine, Products Liability, Workers' Compensation, and so f...
https://completemarkets.com/Article/article-post/2598/Types-of-insurance-every-company-needs/
...lity insurance
If your company manufactures and sells products then you should check the benefits product liability insurance has. You may take all the... are multiple types of professional liability insurances available on the mark...
https://completemarkets.com/Article/article-post/1736/MONITORING-THE-PLAN/
...g down) or a softening market in Liability coverages, should be reflected in t... Earthquake ______________ Misc. Liability ______________ Misc. Property ...
https://completemarkets.com/Article/article-post/1739/MONITORING-THE-PLAN/
...g down) or a softening market in Liability coverages, should be reflected in t...uake ______________ Misc. Liability ______________ Misc. P...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2458/E-O-Caveat-No-1-Never-Assume/
... 00 AM by CompleteMarkets Editor , Bill Wilson This content has not been rated yet. One of the most common sources of E&O claims involves failure to communicate. In this article, Bill Wilson examines a serious breakdown in communications that involves a cardinal principle of E&O loss control: never assume! Here's a recent question submitted to our Ask an Expert' service: We insured a manufacturing company with an effective date of July 1, 2001. The applications were sent to the underwriter prior to binding/quoting and they quoted the particular line in question installation floater.’ The rating work sheets said nothing about the coinsurance percentage. The ACORD application didn't ask for a coinsurance limit or an agreed amount. We assumed that this was the agreed amount as that's the coverage we had with the ... the agent will sit on the defense side of the table. If the affidavit says they wanted one thing and got another and let that stand for nearly a year, they could be prejudicing the E&O carrier's defense and might void coverage of this claim. It depends on the policy trigger. The agent has a responsibility to review the policy issued compared to the application. The responsibility and liability often shifts from insurer to agent as time elapses. Generally after 90 days of having the policy with different conditions than requested, most of the liability might be shifted to the agent; thus they need to get the expertise of their E&O carrier. In the area of Inland Marine coverage, so many policy forms exist that agents should never assume that a condition or coverage exists. ...