myCOI
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 […]
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 […]
As an executive at an organization that relies on contractors and vendors, there can be an overwhelming amount of terminology and lingo to keep track of. And on top of that, legislation and rulings can vary from state to state and seemingly small nuances can turn upside down into big legal messes. It’s important that […]
As an executive at an organization that relies on contractors and vendors, there can be an overwhelming amount of terminology and lingo to keep track of. And on top of that, legislation and rulings can vary from state to state and seemingly small nuances can turn upside down into big legal messes. It’s important that […]
Recently, several members of the myCOI team attended the International Risk Management Institute (IRMI) Construction Risk Conference in Orlando, Florida. During their time at the conference, they were able to learn from experienced and respected industry leaders. The IRMI conference offered broad, unbiased education, an unparalleled networking experience, and access to key decision makers in […]
Recently, several members of the myCOI team attended the International Risk Management Institute (IRMI) Construction Risk Conference in Orlando, Florida. During their time at the conference, they were able to learn from experienced and respected industry leaders. The IRMI conference offered broad, unbiased education, an unparalleled networking experience, and access to key decision makers in […]
You serve as an executive at a construction or heavy manufacturing firm. You rely on your insurance policies to protect the company and its employees. As for the subcontractors and other third parties working on the job, do you trust their policies to cover your company against property damage and bodily injury claims as well? […]
You serve as an executive at a construction or heavy manufacturing firm. You rely on your insurance policies to protect the company and its employees. As for the subcontractors and other third parties working on the job, do you trust their policies to cover your company against property damage and bodily injury claims as well? […]
We’re often asked by our clients to help them understand what an additional insured is and how to make sure they’re properly fulfilling their contract requirements and protecting their business. In its most basic form an additional insured endorsement identifies a specific third party that is covered by another company’s insurance for claims against them. […]
We’re often asked by our clients to help them understand what an additional insured is and how to make sure they’re properly fulfilling their contract requirements and protecting their business. In its most basic form an additional insured endorsement identifies a specific third party that is covered by another company’s insurance for claims against them. […]
You have collected a certificate of insurance from your tenant or vendor, but are you listed as an additional insured on the correct additional insured endorsement? The only way to confirm your company is protected is if you and your tenants/vendors have the correct policies and endorsements in place. A certificate of insurance listing additional insured […]
You have collected a certificate of insurance from your tenant or vendor, but are you listed as an additional insured on the correct additional insured endorsement? The only way to confirm your company is protected is if you and your tenants/vendors have the correct policies and endorsements in place. A certificate of insurance listing additional insured […]
By: Charles P. Edwards, Partner at Barnes & Thornburg, LLP For those companies that are seeking additional insured status, keep in mind that there have been major changes in how that insurance status is written. The Insurance Services Office, the drafter of many “standard form” insurance policies and endorsements, has been paring back coverage for […]
By: Charles P. Edwards, Partner at Barnes & Thornburg, LLP For those companies that are seeking additional insured status, keep in mind that there have been major changes in how that insurance status is written. The Insurance Services Office, the drafter of many “standard form” insurance policies and endorsements, has been paring back coverage for […]
When things go wrong, all insurance endorsements must be right. If not, additional insured coverage under the named insured’s commercial general liability (CGL) policy can be in doubt. One major pitfall of additional insured endorsements comes from language regarding operations as “ongoing” or “completed.” These two little words make a big difference in how and […]
When things go wrong, all insurance endorsements must be right. If not, additional insured coverage under the named insured’s commercial general liability (CGL) policy can be in doubt. One major pitfall of additional insured endorsements comes from language regarding operations as “ongoing” or “completed.” These two little words make a big difference in how and […]