• Mortgageholders Errors and Omissions Form

    Mortgageholders Errors and Omissions Form Summary : Errors and omissions coverage for mortgagees—banks, building and loan associations, insurance companies, and other financial institutions—protects against impairment of the mortgagee's own security through lack of physical damage insurance on...

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  • Capital Assets Program

    Capital Assets Program Summary : The Insurance Services Office (ISO) offers a capital assets program that enables insurers to provide large and medium commercial accounts coverage and pricing flexibility for commercial property exposures. The program is open to all classes of...

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  • MSO Mandatory Endorsements Fracking Exclusions

    MSO Mandatory Endorsements Fracking Exclusions Summary : Fracking involves the pumping of water and chemicals underground at high pressure to shatter rock formations and release gas; the practice generates a considerable amount of waste liquid, which is often disposed of by injecting it into...

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  • AAIS Commercial Property Program—Endorsements

    AAIS Commercial Property Program—Endorsements Used to Modify Policy   Summary: In addition to the commercial property coverage parts, AAIS offers several endorsements in its commercial property program. This article discusses some of those endorsements. Topics covered: Antenna...

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  • The Business Income Report/Worksheet—Step by Step

    The Business Income Report/Worksheet—Step by Step A Guide to Completing the Worksheet Summary: Giving advice on completing a business income worksheet has always been a daunting task for insurance practitioners because doing it properly requires a specialized knowledge not only of time...

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  • Business Income and Extra Expense Endorsements

    Business Income and Extra Expense Endorsements ISO Commercial Property Program Summary : Standard business income and extra expense endorsements available for general use as part of the simplified language commercial property program of Insurance Services Office are listed in this article—in the...

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  • Business Income and Extra Expense Endorsements

    Business Income and Extra Expense Endorsements ISO Commercial Property Program Summary : Standard business income and extra expense endorsements available for general use as part of the simplified language commercial property program of Insurance Services Office are listed in this article—in the...

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  • Newly Acquired or Constructed Property

    Newly Acquired or Constructed Property A Safe Haven for Some but for a Limited Period   Summary: It is probably safe to say that most commercial property coverage forms include an extension that will automatically cover an insured's newly acquired or constructed property for a certain period...

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  • Legal Liability Coverage Form

    Legal Liability Coverage Form Fire, Other Legal Liability for Commercial Risks  Summary: Under common law, anyone who negligently damages property of another is obliged to make restitution to the owner. General liability forms commonly exclude coverage for damage to personal property while...

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  • Condominium Association Coverage Form

    Condominium Association Coverage Form ISO Commercial Property Program Summary: Both the Condominium Association Coverage Form ( CP 00 17 10 12 ) and the Condominium Commercial Unit-Owners Coverage Form ( CP 00 18 10 12 ) closely follow the Building and Personal Property Coverage Form ( CP 00 10...

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  • AAIS Commercial Properties Program

    AAIS Commercial Properties Program Building and Personal Property Coverage Part Summary: The American Association of Insurance Services' (AAIS) commercial properties program features simplified language and a modular approach. (Modular approach refers to the use of a declarations page plus one...

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