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Insurance carriers are implementing restrictive additional insured endorsements that inhibit the ability of owners and general contractors to transfer contributory negligence.
The church agreed to name Brant as an additional insured on its insurance policy, clear the sidewalk of snow where the county's equipment was unable to do, and pay for all the costs of the encroachment agreement.
As organizations begin preparations for spring and July 1 renewals, it is important to scrutinize additional insured (AI) endorsements included on general liability insurance policies and to pay attention to AI endorsements provided to the company to confirm that coverage has been secured.
The reform will result in additional insured individuals.
The camp will be included on the riding academy's general liability insurance as an additional insured for liability arising out of the operations of the riding academy; minimum limits $1,000,000.
In the construction industry it is common practice for a subcontractor to be added as an additional insured to the general contractor's liability policy.
Another mistake often made is for the Investor to liken a crime insurance policy to a liability insurance policy and request to be named as an additional insured.
Reinsurers, assuming only modest additional insured catastrophe events in the balance of 2011 are likely to have sufficient capital to meet the demands of insurers globally.