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The Impossible Task: Keeping Up With Changing Laws, Policy Forms, and State Nuances
Like something from the Exorcist, keeping up with laws, forms and state nuances can be a head spinning task for compliance admins. Why not dump the demons and allow myCOI to do the updates for you? As a compliance administrator or even an executive who is tasked with overseeing compliance for all vendors and subcontracts, […]
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Primary and Noncontributory Endorsement Form
Carefully managing one insurance policy can be complicated enough, but there are many scenarios when multiple sources of coverage may protect you, your hired third parties, and/or companies you enter business relationships with. In the event of a loss or a claim that could be covered by more than one insurance policy, the process for […]
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A Case Study on Additional Insured Wording and Why it Matters
It’s key to understand the precise wording of additional insured endorsements and accompanying exclusions.
Learn MoreCompliance Admins: Are You Stuck Between a Rock and a Hard Place?
As a compliance administrator, it can be nearly impossible to keep everyone happy. You’re constantly walking a (very) thin line between upsetting project managers who are on tight deadlines to get vendors on the project and keeping vendors, who often don’t understand the compliance process, happy and engaged. All too often you’re the “middle man”, […]
Learn MoreExploring The Contractual Liability Exclusion, Part II
In a previous post, we took a closer look at why contractual liability and insured contracts matter. We explored contractual liability and the CGL policy, the hold harmless and indemnity agreement, and we demonstrated how to pull all of the pieces together with insurance tracking services. But that’s not the end of contractual liability. In […]
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A Closer Look at Why Contractual Liability and Insured Contracts Matter, Part I
Contractual liability, including endorsements and exclusions, can be a very misunderstood topic in the insurance world—especially for organizations and administrators that have to deal with these topics without having an insurance background.
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