Stay informed on emerging issues and trends in the insurance industry.
For contractors and other repair or service businesses it can sometimes be difficult to understand exactly which situations involving property damage are covered by their Commercial General Liability (CGL) insurance. Typically, when a CGL claim is denied, insurers cite two exclusions—j. (5) and j. (6)— that sound similar but serve different purposes. This article explains the differences between the two exclusions.
The growing prevalence of ransomware has changed the landscape of the cyber insurance marketplace dramatically. This article explores the state of the cyber insurance market and how public entities can access the limited coverage available by improving their cyber security and adding safeguards.