“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.” ...
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 ...
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 ...
A company can expect to accumulate significant costs in defending against claims for intellectual property infringement. Plaintiffs claiming violations are often willing to expend significant ...
“Given the potential coverage gap for copyright infringement in connection with AI output in CGL policies, AI developers should consider procuring specific intellectual property or media liability ...
Peter Kyung Min Kim says many consultants and IT firms rely on CGL alone, leaving their core professional exposures ...
General Mills is taking its insurers to court over who picks up the tab for a growing wave of ultra-processed food lawsuits.