• Insurability of Punitive Damages - Archive

    Insurability of Punitive Damages - Archive Outcomes Not Consistent State-to-State Summary: This discussion examines issues regarding the insurability of punitive damages awards under liability policies. Dependent upon the jurisdiction, there are three positions which have been adopted regarding...

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  • Commercial General Liability Definitions - Archive 2

    Commercial General Liability Definitions - Archive 2 Words and Terms Used Throughout the Policy Summary: Words and terms that have a contractually defined meaning that applies throughout the commercial general liability (CGL) coverage forms are discussed in this article. The definition section of...

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  • Sinkhole Collapse and Mine Subsidence—Archived Article

    Sinkhole Collapse and Mine Subsidence—Archived Article What Is Encompassed by These Endorsements?   Summary : Loss resulting from mine subsidence and sinkhole collapse are excluded causes of loss on most homeowners forms. Coverage can be purchased for this exposure when allowed (or...

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  • Equipment Breakdown Coverage Form—Archived Article

    Equipment Breakdown Coverage Form—Archived Article Equipment Breakdown Protection Coverage Summary: In 2007, Insurance Services Office changed the named of the Boiler and Machinery program to Equipment Breakdown. This was done to more clearly emphasize the broadness of the coverage provided...

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  • Longshore and Harbor Workers Compensation Act and the Jones Act - Archive

    Longshore and Harbor Workers Compensation Act and the Jones Act - Archive Federal Workers Compensation Laws Summary: The United States Longshore and Harbor Workers Compensation Act (L&HWCA), 33 USCA 901-952, was enacted into law in 1927, 16 years after the first state workers compensation law...

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  • General Property Form—Archived Article

    General Property Form—Archived Article National Flood Insurance Program Summary: There are three standard policies used for writing flood insurance under the National Flood Insurance Program (NFIP). These are the dwelling, general property, and residential condominium building association...

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  • Financial Responsibility and Compulsory Insurance Laws—Archived Article

    Financial Responsibility and Compulsory Insurance Laws—Archived Article Effective in All States Summary: All states have laws that assure compensation for victims of automobile accidents. The five types of statutes in effect presently are: (1) financial responsibility laws; (2) compulsory...

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  • Compensation Liability of Principals and Contractors-Archived

    Compensation Liability of Principals and Contractors-Archived Compensation Liability of Principals and Contractors-ArchivedJanuary 1997For Benefits Accruing to Non-EmployeeSummary:In order to protect employees of small operations (such as many small subcontractors), the workers compensation laws...

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  • Table of Limits—Archived Article

    Table of Limits—Archived Article Financial Responsibility and Compulsory Insurance Laws Summary: The table that follows displays the minimum financial responsibility or compulsory liability insurance limits for all states, the District of Columbia, and Puerto Rico. Topics covered: Split or...

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  • Warehousemans Legal Liability Coverage--Archived Article

    Warehousemans Legal Liability Coverage--Archived Article Warehousemans Legal Liability CoverageArchived Article General Discussion Summary: Warehousemans legal liability is a specialized coverage, in that there is no standard Insurance Services Office (ISO) form; the American Association of...

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  • Jewelers Block Coverage Form - Archived Article

    Jewelers Block Coverage Form - Archived Article ISO Commercial Inland Marine Program Summary: The jewelers block policy, written subject to commercial inland marine rules and forms promulgated by Insurance Services Office, provides open perils coverage specifically tailored for the needs of...

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