Functional Business Personal Property Valuation

REMOVAL OF INSURANCE-TO-VALUE PROVISION

ADDITIONAL INSURED – STATE OR GOVERNMENTAL AGENCY OR SUBDIVISION OR POLITICAL SUBDIVISION – PERMITS OR AUTHORIZATIONS

ADDITIONAL INSURED – OWNERS, LESSEES OR CONTRACTORS – WITH ADDITIONAL INSURED REQUIREMENT IN CONSTRUCTION CONTRACT

ADDITIONAL INSURED – OWNERS, LESSEES OR CONTRACTORS – SCHEDULED PERSON OR ORGANIZATION

Limitation of Coverage to Designated Premises, Project or Operation

Discusses and analyzes the ISO Auto Hacking Expense Coverage endorsement, which is being provided in advance of its filing or release.

Discusses and analyzes mandatory ISO cyber incident exclusions applicable to commercial property coverages, with a proposed effective date of 12/1/2020.

A perfect storm converged on this insured who was in the process of building renovations when COVID-19 hit, and while shutdown a theft occurred. Was his building vacant?

Discusses business income loss triggered by riots and civil disturbances, and when coverage would apply.