Coverage Q&A

Social engineering schemes, also known as false pretense crimes, are increasingly common losses for businesses.

Social engineering schemes, also known as false pretense crimes, are increasingly common losses for businesses.

Coverage Q&A: Commercial insurance policies generally cover purchases made to minimize business interruption.

An insured homeowner's carrier may need to look at that policyholder's condo association master agreement to determine liability for a loss.

When a term is not defined in a policy, courts generally go to a standard desk reference since that is what the average insured would do.

The insured's materials, supplies and equipment are covered property; property not being installed like buildings land or completed projects is not covered.

Agreed value is also referred to as agreed amount. The agreed value endorsement in a property insurance policy waives the coinsurance clause.