Additional Insureds: How Policy Language Can Create Dramatic Consequences

Share!

Insurance Information Institute - Aug 10, 2020

By John Novaria, Managing Director, Amplify Underwriters routinely receive requests to add additional insureds to policies. But failure to add insureds correctly can open up insurers to potentially huge losses. Companies typically need to add additional insureds to allow them to fulfill th...

Read Full Article

Recommended Articles

Cyber Threats, Changes in Climate, and Business Interruption are Insurance Buyers’ and Sellers’ Top Risk Concerns, Says New Munich Re/Triple-I Survey

Posted: Nov 19, 2024

MIAMI, Nov. 20, 2024 – Cyber incidents, changes in climate, and business interruption are the chief...

Read Article

Growing Vulnerability of Inland Areas to Flooding Yet Homeowners Don’t Have Flood Insurance Coverage or Believe It’s Necessary: Triple-I

Posted: Nov 12, 2024

For Immediate Release New York Press Office: Loretta Worters, 917-208-8842, [email protected] MALVE...

Read Article

Commercial Auto Insurance Declines in Underwriting Profitability; Increasing Economic and Social Inflation Continue to Influence Costs, Says Triple-I/CAS

Posted: Oct 23, 2024

For immediate release New York Press Office: Loretta Worters, 917-208-8842, [email protected] NE...

Read Article