In their Construction Law column, Kenneth M. Block and Joshua M. Levy discuss how the ruling in 'Gilbane Building v. St. Paul Insurance Co.' has heightened uncertainty among those who believe they are ...
Additional insured coverage is an important but often overlooked protection. Even where a party has heavily negotiated its indemnity rights, in the event of a significant loss, status as an additional ...
An additional insured endorsement is an amendment to the named insured’s policy, usually the general liability policy, that extends coverage under the terms of the policy to another entity. “This is ...
Additional insured — it’s a standard practice in most industries to require vendors to protect you under their insurance policies. These insurance transfers occur most frequently when hiring companies ...
The effectiveness of contractual risk transfer is more strained than ever. Upstream parties have attempted to toughen the insurance requirements in their construction contracts, using terms that truly ...
Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. When it comes to insurance ...
Most leases require the tenant to maintain liability insurance, which covers the risk that someone gets hurt on the property and sues. Because that injured person will probably sue both the tenant and ...
A Certificate of Insurance (COI) is a document used to verify an entity is insured. It is a document provided by an insurance agent or broker that outlines the types of and limits of insurance carried ...
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