• Businessowners Property Coverage, Part II - Archive

    Businessowners Property Coverage, Part II - Archive Form BP 00 03 01 10 Summary: The BP 00 03 01 10 form incorporates special perils coverage for property, liability coverage, and policy conditions. Coverage may be changed to named perils by attaching endorsement BP 10 09 01 10 , Named Perils....

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  • Governmental Action—Archived Article

    Governmental Action—Archived Article “Destruction, Confiscation, Seizure” of Insured Property Summary: Property coverage forms commonly contain exclusions for loss caused by governmental or public authority's destruction, confiscation, or seizure of property. However, in researching the...

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  • Businessowners Property Coverage, Part I - Archive

    Businessowners Property Coverage, Part I - Archive Form BP 00 03 01 10 Summary: Where before there were two Insurance Services Office (ISO) businessowners property coverage forms—one providing standard, or named perils protection ( BP 00 01 01 97 ), and the other providing special perils...

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  • Duty to Defend—Archived Article

    Duty to Defend—Archived Article Broader Than the Duty to Indemnify Summary: It is a long-held axiom that an insurer's duty to defend is broader than the duty to indemnify. But what encompasses that duty? On what is the duty based: the factual allegations in the complaint, or legal theories...

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  • Businessowners Program - Archive

    Businessowners Program - Archive Eligibility and General Conditions Summary: The Insurance Services Office (ISO) businessowners program is a package policy offering property and liability coverage for certain groups of commercial insureds. The program may be used to insure a variety of business...

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  • Earth Movement Exclusion - Archive

    Earth Movement Exclusion - Archive Opposing Views: Any Movement vs. Natural and Catastrophic Summary : Property policies generally exclude earth movement as a cause of loss. What constitutes earth movement for purposes of the exclusion? There are two views that have been developed in the courts:...

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  • Businessowners Program Endorsements - Archive

    Businessowners Program Endorsements - Archive Description of Endorsements Available for the BOP Program The standard businessowners program may be modified through the use of endorsements. Many of the endorsements are state variations; check with the insurer for mandatory state exceptions. BOP...

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