Craig Rokuson | Traub Lieberman In the recent case of Zurich Am. Ins. Co. v. XL Ins. Am., Inc., 20-CV-4614 (LJL), 2021 WL 3617218 (S.D.N.Y. Aug. 16, 2021), the United States District Court for the Southern District of New York—in deciding a motion for consideration—had occasion to review the 2013 ISO changes to the additional insured… Continue reading Federal Court Enforces “Limits” and “Most We Will Pay” Clauses in Additional Insured Endorsement
Tag: Additional Insured
Certificates as Evidence of Additional Insured Coverage Are All the Rage, But You Deserve Better
Joseph L. Cohen, W. Mason and Sean Milani-nia | Fox Rothschild Consider the following scenario: the construction project is ready to proceed. The deal is done. The agreements have all been carefully crafted, with detailed provisions on insurance dedicated to reducing risk. Those provisions require the downstream trade contractors to furnish certificates of insurance listing… Continue reading Certificates as Evidence of Additional Insured Coverage Are All the Rage, But You Deserve Better
Are You Getting Your Money’s Worth in Additional Insured Coverage?
John P. Fischer | Barnes & Thornburg Many commercial contracts require that one of the parties be included as an “additional insured” on the general liability policies of its contracting partner (which is the “named insured” on those policies). General contractors typically require subcontractors to include them as additional insureds on the subcontractors’ policies. Lessors… Continue reading Are You Getting Your Money’s Worth in Additional Insured Coverage?
Is Contractual Privity Required for Additional Insured Status? Courts Are Divided.
Ashley Cowgill and Eric Gold | Policyholder Pulse Blog In a previous post, we addressed blanket additional insured endorsements and the role they play in passing insurance obligations downstream. In short, the purpose of a “blanket” endorsement is to grant additional insured status to any company as required in a written contract with the named insured.… Continue reading Is Contractual Privity Required for Additional Insured Status? Courts Are Divided.
When 1% Equals 100%: New York Rejects Fault Based Approach to Additional Insured Coverage
Laura Dowgin | Cozen O’Connor When a named insured is only 1% responsible for an accident, what percentage of indemnity coverage is owed to an additional insured? A recent New York federal court says 100%. In New York, additional insured coverage may very well extend to the additional insured’s own independent negligence, so long as… Continue reading When 1% Equals 100%: New York Rejects Fault Based Approach to Additional Insured Coverage