“If insureds do not fully understand [the scope of Coverage B] and fail to push back after receiving a denial, they are potentially forfeiting millions of dollars in defense coverage they purchased.” ...

Construction contractors typically secure commercial general liability (CGL) insurance policies and assume that these policies address all of their risks. However, these CGL policies may not always ...

An Overview of Emerging Hazards Under CGL Policies In recent years, new hazards have emerged that potentially implicate coverage under commercial general liability policies. Much attention has been ...

Bobby L. Hickman is a longtime business and financial journalist who brings decades of experience in insurance and financial services to his editor role at Investopedia. He has worked with insurance ...

A federal appeals court on March 3 upheld a ruling that Swiss Re must indemnify Terminix for part of an $8 million pesticide ...

You, a general contractor, receive a notice of claim on a building you finished years ago. The Owners allege: (1) damage to the underground pipes due to the settlement of the foundation/backfill; and ...

A breakdown of the common types of commercial insurance that in-house counsel should be familiar with and key considerations before filing an insurance claim on behalf of the company.

In recent years, intellectual property (IP) claims have been on the rise—patent disputes, infringement claims, unlicensed use of social media content—all often lead to expensive IP litigation. While ...