MyNewMarkets Articles
Changing Status of 'Who Is An Insured?'
Posted May 08, 2008
Endorsements for adding named insureds, additional named insureds, and additional insureds are available for both personal lines and commercial lines policies. A few selected endorsements are highlighted below; this is not an all-inclusive list of available endorsements altering insured status.
Personal Lines Endorsements
Selected Endorsements Adding Status and Protection as a Named Insured or an Additional Named Insured:
• Other Member of Your Household (HO 04 58 ...
Who is an 'Insured?' Commercial Coverage!
Posted May 13, 2008
If a previously owned, or even currently owend, LLC or partnership is not specifically listed in the schedule of named insureds, there is NO coverage for any previous actions or any products-completed operations claims.
Following is a ready-reference outline defining who is an "Insured." These definitions are paraphrased from standard ISO commercial forms. This outline does not define "insured" found in executive risk policies or other specialty coverage forms as such definitions can vary ...
Who is an 'Insured?' Personal Lines Coverage!
Posted May 09, 2008
Just because a person lives in the house does not mean they are an insured under the homeowners or personal auto policy. Nor does an individual necessarily have to live in the household to be insured by your client's policy.
Following is a ready-reference of the various personal lines definitions of "Insured." These definitions are paraphrased from standard ISO personal lines forms. Several terms will be defined in greater detail following these definitions.
Homeowners Policy a ...
Who Is An 'Insured' - Are You Sure?
Posted May 09, 2008
Who is an "Insured?" Not as basic a question as it may sound. Status as an insured must exist before ANY question of coverage can be tackled - if the individual or entity is not an insured, there is no reason to go any further researching a loss. The best-designed insurance program does little good if the person or entity suffering loss or being held financially responsible is not an insured. Knowing who is, is not, and who can be an insured will lead to a great program being made bet ...
Read the rest of this article »Confessions of an Insurance Geek and the Future of MyNewMarkets.com
Posted May 09, 2008
Users and visitors of MyNewMarkets.com will soon notice changes in the information included on the Website and available for use.
Beginning in the next few days, MyNewMarkets.com will inaugurate its analysis and technical content database with its first coverage analysis white paper. In addition to coverage analysis articles, this searchable database will contain discussions of insurance-related terms and concepts, market and trend analysis, and coverage checklists. Our primary goal in cr ...
Insurance Agent, Educator Boggs Joins MyNewMarkets.com
Posted May 05, 2008
MyNewMarkets.com, the Web site with a searchable online directory that brings together agents seeking property/casualty insurance markets with the market providers, is expanding its content to include in-depth analysis and reporting on technical and coverage issues.
Christopher J. Boggs has been named MyNewMarkets.com associate editor and will spearhead the expansion of the MyNewMarkets.com content. Boggs will produce and edit articles and commentarie ...