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“Dagger” or Plus Symbol Classes: What They Mean

Nearly 40% of ISO’s general liability class codes are, what some call, “dagger” codes. All a “dagger” classification does is rearrange where the products and/or completed operations coverage is found.
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5 Contractor Coverage Concepts Every Agent Must Understand

Learn about the five of the most common contractor risk exposures: contractual risk transfer; properly extending insured status; business auto issues; misuse of the absolute pollution exclusion; and professional and pollution exposures faced by contractors.
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Claims Made and Polling Letters

If you have a client written on a “claims made” policy, a polling letter can save them from an uncovered claim and you from an E&O loss. Polling Letters are rarely used, but highly valuable. Protect your client and your agency!
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Construction Risks Becoming Harder to Place

Construction risks are becoming harder to place and premiums continue to increase. With the construction starts expected to increase by about 7% in 2024, now is an opportune time to increase your expertise and client base in construction and artisan and contractors risks. This article outlines the current state of the market, including some tips on collaborating with wholesalers to place those hard-to-place contractor risks.
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Evolution of ISO General Liability Classifications

ISO is making MAJOR changes to the CGL classification system in 2022. These changes are the result of new technologies, new risks, and the need for greater granularity. We need to be ready for this!!
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Is Heating Oil a Pollutant?

Here’s a great example of why the majority of your large and small contractors need pollution coverage. The Rhode Island Supreme Court decision found in favor of the insured, but most states do not agree with this position according to attorney Randy Maniloff. This decision is just another reason to contact your contractors and recommend they consider a quote for pollution liability or review their policy limits.
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Quick Warning for Contractor Risks!

If a commercial contractor is now doing residential work because of market conditions, watch out for a residential exclusion.
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Understanding Products Liability and Product Warning Labels

“A traditional axiom of products liability law is that a manufacturer or supplier of goods has a duty to warn of any danger from the intended or unintended but reasonably foreseeable use of its products. This duty extends to those using or purchasing the product, as well as to those who could reasonably be expected to be harmed by its use.” But sometimes, manufacturers just go too far.
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What Does an Agent Owe a Certificate Holder?

Do agents owe any duty to a certificate holder? Opinions differ. Given the reality of the COI, its intended purpose and the parties to the various contracts related to a construction site, agents have very little duty to the certificate holder beyond honesty.
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Discontinued Operations

This article is about the often misunderstood exposure of discontinued operations. While your Technical Affairs Committee continues to work with ISO to develop stronger coverage for discontinued businesses, this article describes the current state of discontinued ops. With so many business owners retiring and the increased merger and acquisition environment, this issue is front and center on the Big 'I's radar.
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Insuring Commonly Owned Entities...One or Multiple CGL Policies?

A question that has been coming up in our 'Ask an Expert' service periodically since at least 2001 involves the best way to insure two or more entities or locations under common ownership. Is it better to put them all under one theoretically more manageable CGL policy or should each have its own policy? See what our volunteer faculty members have to say and offer your two cents if you like.
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The CGL Professional Liability 'Exclusion'

Unlike the simple ISO HO policy, the ISO CGL policy has no specific professional liability exclusion. As a result, sometimes it can be difficult to determine whether a claim is an 'occurrence' and covered by the CGL or an 'act, erroror omission' and not covered. In this article, we'll explore this issue and include a dynamite download from an attorney who has examined the legal precedents.
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