Tag Archives: Liability

Liable for Work-Related Accident Claims

Working environments are not always safe since these are prone to accidents. In fact, such accidents are not only limited to labor-intensive jobs but can also happen to people with office jobs as well. In such cases, a work-related accident … Continue reading

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Management Consultant Insurance and Liability Protection

In the event that you’re within the management consulting business, you probably need customers that require you to carry some level of insurance. Maybe you run a small firm with just a few employees, or perhaps maybe you’re an independent … Continue reading

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It’s When the Alleged Harm, Not the Alleged Negligence, Occurs that Triggers Coverage Under an Occurrence-Based Business Liability Policy

CGL – TRIGGER OF COVERAGE – OCCURRENCE – EMOTIONAL DISTRESS CLAIMS Empire State Shipping Serv., Ltd. v Hanover Ins. Co. (1st Dept., decided 11/1/2011) Interesting trigger of coverage case. The insured plaintiff allegedly mishandled a corpse, but the deceased’s mother … Continue reading

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Directors: It's Long Past Time To Check The Liability Policy

An article in The Las Vegas Review-Journal that discusses the recent settlement by the former CEO and the former EVP (both also directors) of First National Bank of Arizona, which failed in 2008 as a result of a business plan … Continue reading

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MSPRC Posts $300 Threshold on Liability Settlements

MS has established a $300 threshold for recovery exemption from liability settlements effective September 6, 2011. Although not the $5,000 safe harbor sought by the insurance industry in H.R. 1063, this represents some acceptance by CMS that the cost to … Continue reading

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