In 2015, when the Appellate Division, First Department, handed down its decision in Burlington Insurance Company v. NYC Transit Authority, 132 A.D.3d 127 (1st Dep't 2015) (holding where an additional ...

Additional Insured refers to any organization that enjoys a specific insurance policy's benefits in addition to the original purchaser of the policy. When an organization purchases insurance, ...

Construction contracts, because of the nature of the undertakings, the number of parties, and the layered involvement of specialty contractors at various tiers, are complicated and often attract ...

The Court of Appeals in Burlington Ins. Co. v. NYC Transit Authority correctly refused to apply a negligence trigger with regard to the meaning of "caused, in whole or in part, by" in the additional ...

According to the Florida Senate's bill analysis and fiscal impact statements, the legislation is intended to create a "statutory framework regarding when and how insurers are required to provide loss ...

The recent decisions in Collick v. Weeks Marine Inc. and its sister lawsuit, Weeks Marine v. Evanston Insurance Co., provide two examples of how careful companies must be when agreeing to contracts ...

The takeaway of this article is for you to consider updating your clients' insurance requirements to require a specific additional insured endorsement. This endorsement requires a lower-tier ...

Parties structuring transactions or business relationships often attempt to shift risk to their counter-party by having such party included as an additional insured on the counter-party’s insurance ...

The effectiveness of contractual risk transfer is more strained than ever. Upstream parties have attempted to toughen the insurance requirements in their construction contracts, using terms that truly ...

THE COST OF INSURANCE has gone up and coverage seems to be shrinking. Is it any wonder that owners and general contractors want to make sure that their insurance isn’t going to be called upon to pay ...

An additional insured endorsement is an amendment to the named insured’s policy, usually the general liability policy, that extends coverage under the terms of the policy to another entity. “This is ...

A liability policy is a business insurance policy that provides coverage for any damages resulting from the business operations. Each liability policy is different, depending on the insurer, the ...