March 22, 2010

The ISO Floor Dealer Form, CM 00 52, has an exclusion that is very confusing. It states that, “acts or decisions, including the failure to act or decide, of any person, group, organization or governmental body” is excluded. How does this work? Is this used to exclude D&O-type losses?

I’ve tried to explain to our insured and have not succeeded in even explaining to myself.

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