News
Event Postponed
Six Degrees of Impact with Anthony Gruppo of Marsh & McLennan Agency, originally scheduled for September 14, has been postponed due to Hurricane Irma. Please keep an eye on your inbox for details on the new event date.
Social Engineering Losses Under a Crime Policy
Coverage for “Social Engineering” losses is a growing issue in the crime and cyber insurance spheres. Social Engineering losses include a broad category of frauds perpetrated using email communication, sometimes in combination with telephone discussions and other media.
Emerging Issues Narrowing Additional Insured
One of the most important tools used by property developers and general contractors to limit their liability exposure for construction-related accidents is requiring “additional insured” protection from downstream contractors. In practice, developers and general contractors use additional insured status to transfer risk/liability from their own liability insurance policies to the liability policies held by their downstream contractors. This risk transfer, in turn, allows developers and contractors to reduce their overall exposure, resulting in premiums savings under their own insurance programs.