https://completemarkets.com/Article/article-post/2135/E-O-EXPOSURES-IN-INSURING-YOUR-NEIGHBORHOOD-TAVERN/
...t more than 50,000. Many of these taverns have been around as long as most oth...le discusses some of the issues that taverns can face, you should also address...
https://completemarkets.com/Article/article-post/2126/Restaurants-And-Taverns-%E2%80%94-A-Potential-E-O-Headache/
Restaurants And Taverns — A Potential E&O Headache
Restaurants and taverns cause more than their fair share of ...
https://completemarkets.com/Article/article-post/2093/DON%E2%80%99T-COUNT-ON-THE-SURPLUS-LINES-MARKET-TO-SOLVE-YOUR-PROBLEMS/
... and the carrier wont do so until they have their app. You'll need to complete affidavits to show that the standard market won't write your risk Since Surplus Lines is free of rate and form in most states, the forms might not be familiar. Make it a standard practice in your agency to review new policies and to compare them with the old forms. If you can't get comparable coverage, notify the client. Be sure to request a copy of the policy form from the wholesaler. Check the financial rating of the Surplus Lines carrier. If you're not sure, ask the wholesaler. Remember: there's no Guaranty Fund with Surplus Lines carriers. Exercise extreme caution! Here's an E&O claim that illustrates these issues: The claim against the agency was for failure to provide a client tavern owner with adequate Liability coverage. There was a fatal shooting at the tavern when a 14-year-old girl attempted an armed robbery. An intoxicated patron tried to disarm the girl, but was killed in the struggle. The patron's estate sued the tavern for failure to maintain safe premises. The agent submitted the lawsuit to the General Liability carrier, who denied the claim on the basis of an Assault and Battery exclusion. The agent gave notice to the Liquor Liability carrier, who also denied coverage because there were no Liquor Liability allegations in the complaint. The client then sued the agent, alleging that the agent told him that Assault and Battery coverage was included. The agency quote was for General and Liquor Liability, but didn't include the requested Assault and Battery coverage, even though the carrier offered it ...
https://completemarkets.com/Article/article-post/2226/MOVING-A-BOOK-OF-BUSINESS/
...nvolving trucks, restaurants, and taverns. This agency is a target industry ma...
https://completemarkets.com/Article/article-post/2224/MOVING-A-BOOK-OF-BUSINESS/
...nvolving trucks, restaurants, and taverns. This agency is a target industry ma...
https://completemarkets.com/Article/article-post/793/Understanding-And-Using-The-Services-Of-Program-Administrators/
...y program formed for restaurants, taverns, or certain construction trades, but...