Week            What's New 12/25/2006     The Legal Status of Punitive Damages Insurability chart was updated in FC&S Online…

Who Is Responsible for Builders Risk Deductibles?   Currently, we have a requirement that the municipality I represent be a named insured on builders'…

Property Damage Issue under CGL Form Our insured is a rental equipment company. In this particular claim, it rented out an electricity generator that…

Impaired Property Exclusion and Possible Future Losses The insured's plastic buckles were incorporated into swimming suits manufactured by a customer.…

Garagekeepers Coverage for a Stolen Auto Q Our insured is covered by a garagekeepers policy. He was conducting a state inspection on a car, performing…

Garagekeepers Maximum Deductible? Q We write a garagekeepers policy with a $500 per vehicle deductible subject to a $2,500 maximum deductible per…

Boiler Leak—No Coverage If Caused by Deterioration Q An insured suffered a loss as a result of corroded and worn tubes in the insured boiler.…

Physical Damage Deductible— Commercial Auto Policy Q One of the auto dealers I represent carries specified perils coverage for auto physical…

Garage Liability—Hazard I Q A carrier I represent is writing a garage liability policy Hazard I form on an auto repair shop. This repair shop…

Garage Liability and Products Completed Operations Claim Our insured runs a tire service station and he has a standard garage coverage form A customer…