However, insureds generally expect to obtain such broad coverage, if at all, only by purchasing several forms of insurance, including coverage for 'errors and omissions liability,' 'directors and officers liability,' 'completed operations and products liability,' and/or other coverages available as part of a CGL
1999), court rejected the extreme insurer position that a CGL
policy need never respond unless the claim was legally styled as a tort.
2d 33 (examining whether construction defect constitutes an "occurrence" under CGL
While it is still too early to tell whether there will be a flood or a just a steady stream of new cases, one thing is certain: As welding rod claims are tendered to CGL
insurers, coverage issues similar to those presented in the asbestos context are likely to arise.
The trial court rejected Utica's defenses and held that Utica's CGL
policy provided coverage.
insurers, he says, are attaching some sort of exclusionary language or limitations, and even if the insured can get coverage, "it's no longer at the limits they're used to.
For example, while most CGL
policies include emotional distress within their definition of bodily injury, the majority of state courts have ruled that emotional distress without physical cause or injury is not covered under a CGL
It is alleged that these companies threatened to boycott selling reinsurance to any primary insurer (insurers who sell insurance directly to consumers) who did not, change its CGL
policies from "occurrence" based, where a policy holder is covered for damage and injury which occurs during the life of the policy, to "claim-based," where a holder is only covered for claims filed during the life of the policy, regardless of when the injury or damage occurred.
A first-party property policy provides coverage for damages incurred as a result of a direct physical loss sustained by the policyholder's own property, but, unlike a CGL
policy, does not provide coverage for damages caused to a third party's property.
In ISO's 1973 revised, standard-form CGL
policy, the insuring agreements for bodily injury and property damage and personal injury were set out on separate forms.
Common Exclusions and Defenses to Coverage under CGL
The aggregate purchase price for the Magnum Note, the CGL
Note and the CGL
Sale Shares is currently estimated to be approximately US$169.