It’s really not all that difficult to create fraudulent certificates. Does your compliance team know what to look for? Here are a few tips and how the myCOI team can help prevent costly litigation. Have you ever attempted to Google “Certificate of Insurance Templates”? The results might surprise you as there are many templates available […]

The documents produced by The American Institute of Architects (AIA) are the most widely used standard form contracts in the construction industry, according to the AIA of Louisiana. These AIA contracts facilitate communications among all the parties involved in construction, which makes it easier to produce a high quality project in a timely and economical […]

A commercial property policy should ensure tenants are covered adequately. Property owners need to be aware of policy details to avoid possible future litigation. The myCOI team specializes in details. Read more here! As one commercial property owner recently learned the hard way, property damage insurance is a critical component of owning any kind of […]

Additional insured endorsements can be a tricky subject. As we’ve explored in past articles, these endorsements aren’t always what they appear to be, and many contain clauses, exclusions, or limitations that aren’t apparent until, of course, an incident occurs where the policy is closely examined. In this post, we’ll take a look at wording for additional insured […]

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 […]

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. Throw in the complexities of insured contracts and things get even more confusing. In this article, we’ll take a closer look at contractual […]

Previously, we wrote a post that outlines an important nuance that applies to workers’ compensation coverage—monopolistic states—which creates a gap in coverage in select states and jurisdictions. Another consideration for organizations that track compliance of vendors and subcontractors is that a workers’ compensation policy may only apply to one state. Insurance for workers’ compensation coverage […]

The Experience Modification Rate goes by many names: EMR, E-Mod, MOD Rate, Experience Rating, or Experience Modification Rate. But regardless of what term you use, it’s a very important one to understand—especially as it relates to those that your organization does business with on a regular basis. This rate is a number used by insurance […]

With new legislation, court rulings, and insurance changes, keeping up with the world of compliance is anything but simple. As for picking risk management priorities, a topic stands out when it comes to keeping a company covered against loss events – additional insured endorsements. Get them right and a company benefits from an added layer […]

The business of insurance compliance is tricky. Depending on your industry, you may have anywhere from 10 to thousands of subcontractors and third party vendors performing work for your organization. And, while you want to trust that all of them keep their insurance in tip top shape and have ample coverage, this is, unfortunately, not […]