Parties structuring transactions or business relationships often attempt to shift risk to their counter-party by having such party included as an additional insured on the counter-party’s insurance ...
If your business operates in construction, government contracting, or any project-based industry, you have almost certainly ...
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 ...
Additional Insured refers to any organization that enjoys a specific insurance policy's benefits in addition to the original purchaser of the policy. When an organization purchases insurance, ...
Construction contracts, because of the nature of the undertakings, the number of parties, and the layered involvement of specialty contractors at various tiers, are complicated and often attract ...
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 ...
According to the Florida Senate's bill analysis and fiscal impact statements, the legislation is intended to create a "statutory framework regarding when and how insurers are required to provide loss ...
In 2015, when the Appellate Division, First Department, handed down its decision in Burlington Insurance Company v. NYC Transit Authority, 132 A.D.3d 127 (1st Dep't 2015) (holding where an additional ...
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The recent decisions in Collick v. Weeks Marine Inc. and its sister lawsuit, Weeks Marine v. Evanston Insurance Co., provide two examples of how careful companies must be when agreeing to contracts ...
The Court of Appeals in Burlington Ins. Co. v. NYC Transit Authority correctly refused to apply a negligence trigger with regard to the meaning of "caused, in whole or in part, by" in the additional ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...