How to Fulfill a State Requirement of $1 Million Limit on Damages to Rented Premises Coverage
IA Magazine - Feb 20, 2025
A general contractor in New York is being required by a state authority to have $1 million limit for coverage for damages to rented premises. The commercial general liability (CGL) carrier can only issue a maximum of $300,000....
Recommended Articles
Posted: Apr 02, 2025
While injury-related expenses cost smalll businesses more than $20,000 in 2024, half of these injuri...
Posted: Apr 02, 2025
U.S. House Majority Leader Steve Scalise (R-Louisiana) will be the keynote speaker at the Legislativ...
Posted: Apr 01, 2025
With restrictions on new business, carriers pulling out of the market, agency commissions taking cut...