Education and training are a must for all insurance professionals. However, property and casualty (P&C) insurance is situational, which makes the correct application of coverage even more difficult and complicated. Experience is essential.
One of the most common policy-endorsement requests is to add an additional insured to a commercial general liability (CGL) policy. Parties who add others as additional insureds are sharing their liability insurance with that other entity and may have to pay an additional premium in order to do so. These...