Two days ago we posted the first in this two-part series on limited designated operations endorsements. Discussed and corrected were the assertions that:
Coverage is reduced by attachment of the endorsement;
The endorsement limits the activities in which the...
Improper application of insurance terminology by some insurance news sources created a wave of worry last year over an endorsement these outlets asserted severely limits the protection provided by the commercial general liability policy (CGL). Readers were even...
Earlier this week we ran an article on liquor liability coverage'which elicited many questions regarding the availability of coverage for assault and battery'in the commercial general liability (CGL) and liquor liability policies. Below'are parts of an article I ran...
Errors and omissions carriers and consultants highly recommend the use of insurance checklists to aid agents in smoking out the insured's true exposures and as proof that certain information was sought. Some agencies take the use of checklists so seriously that they...
Liquor liability insurance is designed to defend the insured against charges of negligence related to the service of alcohol and indemnify the insured for their financial loss if legal liability is found.
Alcohol serving or supplying operations can be subject to...
History Channel's "Pawn Stars" reality show is in its second season. It is amazing what comes into be pawned or sold in each episode from a vintage guitar to a jousting helmet to a custom-made motorcycle. The reasons for pawning or selling each item are just as...
Welcome to 2010 and a new era for the Insurance Journal. Effective January 1, the Insurance Journal officially launched the Academy of Insurance to bring the best education and training to the insurance industry and accomplish three primary goals:
Provide high...
Significant Points
Local governments employ more than twice as many workers as do state governments.
Fire fighters and law enforcement workers, concentrated in local government, are the largest occupations.
Nature of the Industry
Goods and Services: State...
Before jumping full steam into 2010, let's take a look at the top 10 most read posts found on MyNewMarkets.com in 2009. The 10 most-read posts for last year were:
The Property Valuation Checklist
Three CGL Endorsements Every Insured Should AVOID
McDonald's...
In August of 2009, Insurance Journal published its second book, "Business Income Insurance Demystified: The Simplified Guide to Time Element Coverages." In January, the new Insurance Journal Academy of Insurance is conducting a five-part series based on the book....
