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/2258/STATUTORY-EMPLOYERS-SPECIAL-EMPLOYERS-AND-WORKERS-COMPENSATION/
...ployees. One key to determining liability is to decide whether the arrangemen...ontracts, and deals with employer's liability and other tort liability claims involving workers.
https://completemarkets.com/Article/article-post/2261/STATUTORY-EMPLOYERS-SPECIAL-EMPLOYERS-AND-WORKERS-COMPENSATION/
...ployees. One key to determining liability is to decide whether the arrangemen...ontracts, and deals with employer's liability and other tort liability claims involving workers.
https://completemarkets.com/Article/article-post/924/VEHICLE-SAFETY-PART-3/
...ccidents and limit the company's liability resulting from driver negligence. ...awbacks. You need to consider the reliability, quality, experiences, and resou...
https://completemarkets.com/Article/article-post/922/VEHICLE-SAFETY-PART-1/
...vehicle accidents and limit your liability resulting from driver negligence, y...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2131/LET-GOOD-BUSINESS-PRACTICES-BE-YOUR-GUIDE/
... too slowly could cause you to miss some business opportunities. As with traditional insurance operations, a number of good business practices are equally important. Education certainly is, and so is communication with your staff and your clients. Some type of exposure analysis checklist gives solid evidence of your professionalism and will, among other things, reduce your E&O risk-as you can see in this story: A trucking firm brought a suit against an agent for failing to provide adequate Liability limits on its Commercial Auto policy. This came to light after an auto accident in which the client's tractor-trailer rear-ended an auto that was driven by a pregnant woman, who then went into a coma. The trucking company's carrier paid its $300,000 liability limit and the trucking firm agreed to a $3.6 million arbitration ... , assigning its inadequate limits claim against the agent to the injured plaintiff. The agency defended itself on the basis that there was an originating broker and that the coverages had been provided as requested by the trucking firm, which never raised an issue over these limits for the eight years before the accident. The case went to trial and the court ruled in favor of the agent, saying that there was no duty owed in regard to higher limits. The agent in this case represented the carrier, not the client. The originating broker, a co-defendant, did resolve its exposure by a negotiated settlement. In this claim, the agent was positioned as a wholesaler, and the defense was able to show that the agent had exercised good business practice, with a well-documented file that demonstrated that the ...
https://completemarkets.com/Article/article-post/2131/LET-GOOD-BUSINESS-PRACTICES-BE-YOUR-GUIDE/
...s you can see in this story: A trucking firm brought a suit against an agent...ted file that demonstrated that the Liability coverages were provided as reque...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2138/E-O-Insights-Let-Me-Think-About-It-%E2%80%A6/
... & Links Categories Popular Recent All Back E&O Insights: Let Me Think About It … 4/7 /2014 12:00:00 AM by CompleteMarkets Editor , Curtis Pearsall This content has not been rated yet. A client who utters these words might well be laying the groundwork for a nasty E&O claim. Consider this case: The insured had a niche market for tow truck operators. The claim involved a client from another state whose tow truck rear-ended a car, causing an occupant of the vehicle to become a wheelchair-bound paraplegic. The underlying case was worth $5 million to $10 million. The client, a new customer, had provided a copy of his previous policy to the agent and asked for coverage. The agent stated that he saw the previous policy ... assumed that he had umbrella coverage. Unfortunately, there was no documentation of the alleged conversations between the agent and the client. The E&O carrier settled the claim for the limit of the agency's policy, $1 million. Could this happen in your agency? There's probably not much question whether clients need or want primary coverages. After all, the vast majority of your commercial clients need liability and auto, etc. When you meet with them, there's little doubt that you are to put these vital coverages into effect. However, when the topic gets around to an umbrella, the answer might not be so easy for your client to answer because it involves additional expense they might not be able to afford. As they debate this in their mind, they'll probably try to determine ...
https://completemarkets.com/Article/article-post/1630/MANAGING-RISK-A-GUIDE-FOR-YOUR-BUSINESS-CLIENT-PART-2-OF-4/
...exist for passing on or assuming liability for damage arising out of purchased...zations doing? No one knows what liability limit should appear on a policy....
https://completemarkets.com/Article/article-post/2138/E-O-Insights-Let-Me-Think-About-It-%E2%80%A6/
... of your commercial clients need liability and auto, etc. When you meet with t...Face it, when dealing with products liability, professional liability, auto, etc., significant losses ...