He Was Named Additional Insured. The Subcontractor’s Injured Worker Still Sued Him for $600,000.
He was named additional insured on the sub's policy and thought he was protected. Then the injured worker sued him, and one exclusion erased the coverage.
How to Know If Your Business Is Underinsured Before a Claim Proves It
Marcus's restaurant fire cost $340,000. His policy paid $210,000. He never updated his limits after expanding. Here's how to make sure that isn't your story.
A Truck Crash Left an Injured Driver With a $600,000 Judgment. Ray’s Insurer Paid...
A crash left an injured driver with a $600,000 judgment. Ray's insurer paid it because of one federal endorsement, then sent Ray the bill. Here is how the MCS-90 really works.
A Warehouse Packer’s Wrist Injury Cost $78,000 in Workers’ Comp. No Single Accident Ever...
A repetitive-motion injury with no accident date can still drive a five-figure workers' comp claim and raise your premium for three years. Here is how it works.
A 3-Day Software Outage Cost This Firm $22,000. Its Cyber Policy Paid Nothing Because...
Your systems can go dark without a single hacker involved. Whether your cyber policy pays for the lost income comes down to one word buried in the coverage grant.
A Sub Handed Over a Certificate of Insurance. The Policy Had Lapsed, and the...
A framing sub handed over a clean certificate of insurance. Six months later the policy had lapsed, a worker fell, and the general contractor's own workers' comp paid the claim.
Your Cyber Insurance Can Be Voided If the Security Controls You Promised Weren’t Real
Cyber insurers now base coverage on the security controls you swear you have. Get one answer wrong on the application and the carrier can void the entire policy after a breach, even if the rest was true.
Liability Insurance for Home Service Providers: What Coverage You Really Need
Home service businesses face daily risks, from property damage to personal injury claims. Learn how liability insurance protects plumbers, HVAC techs, landscapers, and other service providers from costly setbacks.
Her Shop Crossed $6 Million in Sales. The Insurer Canceled the Policy That Came...
A Business Owners Policy is built for small and mid-size companies. Cross the carrier's size limits and the renewal can disappear. Here is how the ceiling works.
Your EPLI policy may not cover the wage and hour lawsuit most likely to...
Most small-business owners buy EPLI thinking it covers the most common employee lawsuit. The wage and hour exclusion buried in the form carves out exactly that.
