https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2139/CERTIFICATES-OF-INSURANCE-BEST-PRACTICES/
... 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 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 this coverage. Listing the policies although the coverage was excluded (even with a notation) might confuse the certificate holder. If you need to issue a cancellation notice (some carriers are putting this on the agent's ... and center in agents' minds. According to industry statistics, the handling –or improper handling –of certificates of insurance accounts for 2% to 4% of E&O claims. Although this isn't a huge percentage, it's higher than it should be. As you probably know, a certificate of insurance provides a snapshot at one point in time; it neither modifies coverage nor changes the terms of the contract. ACORD has come out with a new version of the ACORD 25 form that's creating anxiety among a number of agents. Based on feedback from the 200 or so agents at the Nashville session, some certificate holders might reject both the current ACORD 25 form and the new version. Many entities don't like the new form. As Joyce Sigler commented at the ...
https://completemarkets.com/Article/article-post/2139/CERTIFICATES-OF-INSURANCE-BEST-PRACTICES/
...ludes certain coverage (example: pollution), should the agent list the excess ...ificate request is to show proof of Pollution coverage, the agent should not i...
https://completemarkets.com/Article/article-post/936/ARE-MULTI-YEAR-POLICIES-REALLY-A-GOOD-CHOICE/
... years, such as losses involving pollution or asbestos liability. Under a tra... may find yourself hamstrung if new coverages or features are needed and your ...
https://completemarkets.com/Article/article-post/92/Offense-Or-Defense-Converting-Management-Problems-To-Opportunities/
...operty Liability coverage with a Pollution exclusion.
Solution: Develop an onl...
https://completemarkets.com/Article/article-post/1497/TELECOMMUTING-BRING-THE-WORK-BUT-NOT-THE-RISKS-TO-THE-WORKER/
... Facilitates compliance with air pollution and trip-reduction regulations. The...cities with certain levels of ozone pollution to implement trip-reduction prog...
https://completemarkets.com/Article/article-post/240/Developing-A-Marketing-Plan-In-A-Distressed-Agency/
...list for employment practices or pollution. This is a way to be very creative ... such as an employment practices or pollution checklist with a fax response/re...
https://completemarkets.com/Article/article-post/793/Understanding-And-Using-The-Services-Of-Program-Administrators/
... include Professional Liability, Pollution Liability, Errors & Omissions, ...
https://completemarkets.com/Article/article-post/1903/RISK-MANAGEMENT-MAXIMIZE-GOOD-AND-MINIMIZE-BAD/
...ssue; carjackings weren’t. Pollution was about road apples; today it...
https://completemarkets.com/Article/article-post/2553/Key-Mistakes-People-Make-When-Taking-Out-an-Insurance-Policy/
...ns are damage caused by ongoing pollution and DIY projects.
Life Insurance
...
https://completemarkets.com/Article/article-post/2500/OIL-GAS-INDUSTRY-GROWING-INSURANCE-OPPORTUNITIES/
... Pollution/ Environmental
...