ACORD & MBA Create Property Form

NU Online News Service, Nov. 5, 2:55 p.m. EST?A new standard form to meet specific needs of the insurance and commercial mortgage industries was announced by the Pearl River, N.Y.-based Association for Cooperative Operations Research and Development and the Mortgage Bankers Association.

The form, ACORD Form 28, Evidence of Commercial Property Insurance, includes references to terrorism insurance, business interruption insurance and mold coverage.

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