Irmi additional insured endorsements. Mar 1, 2015 · The 2013 Insurance Services Office, Inc.

Irmi additional insured endorsements Jun 12, 2020 · Landlord was an additional insured because the two requirements of the additional insured endorsement in the policy—that the lease agreement require it to be an additional insured and that the liability arises out of the named insured's use of the premises—were met. Jan 1, 2002 · Standard endorsements CG 20 10 and CG 20 33, which extend insured status to project owners and contractors on either a scheduled or blanket basis, are revised to make more explicit the fact that such additional insured coverage does not include completed operations. Thus, the insurer for the subcontractor will defend and pay on behalf of the additional insured general contractor. This course introduces risk management and insurance concepts for construction projects. Part 3 will Feb 3, 2023 · Originally published on IRMI. Apr 1, 2010 · Humans being fallible, sometimes mistakes are made in how parties are listed in additional insured (AI) endorsements. A careful reading of the entire additional insured endorsement is vital to understanding the breadth of the coverage. The 2013 revisions maintain the same language used in the 2004 endorsements, with the exception of two important caveats. There are literally hundreds of Additional Insured endorsements, each with their own use, and problems or shortcomings. Mar 1, 2015 · The 2013 Insurance Services Office, Inc. Feb 3, 2023 · Originally published on IRMI. Another case that will be cited by additional insured general contractors is U. (ISO), 1 standard additional insured (AI) endorsement in the early 2000s, many insurance companies have advocated for an exceedingly narrow application, arguing that coverage is available only for the AI's vicarious liability for the named If additional insured status is required by contract or agreement, coverage and limits of liability apply only to the extent required in the contract or agreement. ADDITIONAL INSURED – MORTGAGEE, ASSIGNEE, OR RECEIVER This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE Name of Person or Organization: Designation of Premises: (If no entry appears above, information required to complete this endorsement will be shown in the Declarations Additional insured coverage; Construction defects; Cyber and privacy issues; Differences in editions of the CGL policy. , 861 N. Y. In an effort to coordinate the AI coverage with the underlying contract, two of the more significant modifications may impact the limits and scope of coverage available to the AI. Additional Insured EndorsementsŠA Potential Minefield (Part 2) February 2006 Part 1 of this series deals with the connection between the named insured and the additional insured and provides some areas to consider in a basic analysis of any additional insured endorsement. Fire v Aetna. Div. Where endorsements negatively affect coverage from the insured's standpoint, IRMI alerts the user to these negative effects and provides guidance in finding alternatives that protect the scope of coverage. 2008), the court considered a blanket additional insured endorsement that granted additional insured status as required by a "written contract, agreement or permit. ) be used to determine whether additional insured status is owed and, if so, the scope of such coverage in a liability policy or, conversely, is additional insured coverage determined by considering only the insurance policy itself? 1 defense costs endorsements. A restaurant leases a walk-in freezer from a leasing company. Owners usually require their general contractors to obtain liability policies that include them as additional insureds, while general contractors require their subcontractors to do the same. com, copyright 2022 International Risk Magement Institute, Inc. Blanket Additional Insured Endorsement: What to Look For. Choose from Two In-Person Events in 2025. The last time I checked, the International Risk Management Institute (IRMI) had It also led to the creation of many standard terrorism endorsements that provide for a wide range of terrorism coverage options: from no terrorism coverage at all (permissible only when the insured rejects or fails to pay for TRIA terrorism coverage) to full coverage for both international and domestic terrorism, subject to the $100 billion An endorsement is an insurance policy form that either changes or adds to the provisions included in one or more other forms used to construct the policy, such as the declarations page or the coverage form. IRMI's CLI reference lists and explains all these endorsements, providing easily relatable examples of how each endorsement works in real life. (ISO), forms include a variety of changes to additional insured (AI) coverage. How much weight to give any particular area depends on a great Jul 1, 2000 · Learn how recent California and Texas court decisions have clarified the broad scope of coverage under standard AI endorsements. A claim is made against the retailer/vendor for injuries suffered by a customer caused by. 1 May 1, 2013 · The court also discussed Bolduc's status as an additional insured at great length. With respect to the insurance afforded to these additional insureds, the following additional exclusions apply: Mar 1, 2015 · The burning question has been: may an underlying services contract (such as a master services agreement, marine charter agreement, etc. g Feb 1, 2006 · Nonetheless, the 2004 edition of ISO's additional insured endorsements is intended to protect the additional insured for their own liability, even if their liability is the major (but not sole) cause of the injury or damage, provided that the named insured's (or others acting on the named insured behalf) acts or omissions played a part in Jul 1, 2004 · U. B. The 2013 endorsements begin with a broad "HOWEVER," narrowing coverage such that insurance afforded to an additional insured (1) only applies as permitted by law, and (2) if such coverage is required by contract, the coverage afforded "will not be Jan 1, 2006 · Leased Equipment Here's another example. But if the antisubrogation rule prevents subrogation against an insured, is this requirement not redundant? Jul 6, 2018 · That is, each insured does not have a separate amount of insurance equal to the policy limits; all insureds share those limits. Since the advent of the modern Insurance Services Office, Inc. This coverage option is not available on the OCP policy. IRMI will host two IRMI Emmett J Vaughan Agribusiness Conferences (AgriCons) in 2025. Exclusions do not contain all of the limitations that may apply to additional insured endorsements. Jan 1, 2001 · Pardee argued, on the other hand, that nothing in the language of the policies or the attached additional insured endorsements precluded coverage for completed operations claims against the additional insured. 4 Other courts have interpreted this provision to grant coverage merely when the party seeking Jul 18, 2009 · As explained in "Questions and Answers on Additional Insured Issues—Part 1," the IRMI Webinar, "Additional Insured Endorsements: The Good, the Bad and the Ugly," produced in May 2009, focused on nonstandard additional insured endorsements used with the commercial general liability (CGL) insurance policy, comparing them to the standard ISO endorsements. " The insurer argued that "written" applied to each type of agreement, and thus An automatic additional insured endorsement is sometimes attached to liability insurance policies and automatically grants insured status to a person or organization that the named insured is required by contract to add as an insured. Some courts require evidence of a direct contract or a principal-agent relationship between the named insured and the party seeking additional insured coverage. Aug 17, 2020 · Additional insured endorsements are changes made to liability insurance policies that extend coverage to others not originally named on the policy; this includes the ability to make claims under the policy. Feb 1, 2012 · Recent Article with Contrary Position. provide for such additional insured. the ISO Additional Insured Œ Vendors endorsement (CG 20 15 07 04), lists as an additional insured on their CGL policy a retailer (vendor) who sells Cell Maker™s phones. Dec 1, 2013 · Additional Insureds and Waiver of Subrogation. " In other words, the newly revised additional insured endorsements provide coverage to the additional This course introduces risk management and insurance concepts for construction projects. A person's or organization's status as an additional insured under this endorsement ends when your operations for the person or organization described in Paragraph 1. May 16, 2023 · Significantly, the requirement to provide additional insured status under the "normal and customary Commercial General Liability insurance coverage and policy limits or at least $2,000,000" did not expressly mandate that Savage name Exxon as an additional insured under any umbrella or excess policies. Jul 11, 2009 · Coverage for suits brought against an additional insured by an injured employee of the named insured (often called "third-party-over actions") should be covered under any edition of standard ISO additional insured endorsements CG 20 10 or CG 20 33. Mar 1, 2013 · The ISO "Additional Insured—Owners, Lessees or Contractors—Automatic Status for Other Parties When Required in Written Construction Agreement with You" endorsement (CG 20 33) has been found in some instances to include as additional insured only those parties with which the downstream party entered a direct contract or agreement. It covers using insured status as a risk transfer technique, terms and conditions of construction insurance, and complex issues like “other insurance” concerns, CGL endorsements, completed operations, third-party-over suits, and relevant caselaw. , residential exclusion), additional insured endorsements, waiver of subrogation endorsements, or primary and noncontributory and notice of cancellation endorsements, particular care should be spent on any wrap-up/CIP exclusions in the excluded parties' GL/XS liability policies. Sep 21, 2018 · In January 2004, I identified and described eight misconceptions that commonly arise when interpreting and applying the coverage found in the Insurance Services Office, Inc. Whether you choose to join us in Sacramento in March or Des Moines in September, you'll have the chance to network with your colleagues, learn from industry experts, and take away practical tips and proven strategies for properly identifying and insuring farm and Oct 1, 2011 · While automatic additional insured endorsements certainly eliminate the need to list each person or organization as an additional insured, an automatic endorsement has its weaknesses, some of which are now being exposed as insurers intensify challenges to the coverage actually provided by automatic additional insured endorsements. The manuscript endorsement at issue in that case was remarkably similar to the new ISO form, providing coverage to the additional insured, "but only with respect to acts or omissions of the named insured in connection with the Sep 16, 2016 · Acts or Omissions—Negligence of Named Insured Required Even though it has been over 12 years since ISO introduced the "acts or omission" wording in its additional insured endorsements, there does not appear to be any clear consensus as to whether "acts or omissions" requires a finding of negligence on the part of the named insured for the additional insured to be granted coverage. It is designed to protect the insured party against liability arising out of direct bodily injury and property damage to third parties caused by an occurrence (accident). v Hartford Fire Ins. A second problem arises when we assume that the umbrella/excess policy provides following-form coverage for any additional insureds added to the underlying policy after that policy's inception date (including entities added by means of "automatic" or "blanket" additional insured endorsements to the underlying policy). Draft reasonable and obtainable additional insured requirements that will provide the protection you need. May apply only to specific types of contracts or entities. additional insured lenders loss payable endorsement loss payable clause IRMI Headquarters 12222 Merit Drive, Suite 1600, Dallas, TX 75251 insured allege negligence or other wrongdoing in the supervision, hiring, employment, training or monitoring of others by that insured, if the "occurrence" which caused the "bodily injury" or "property damage", or the offense which caused the "personal and advertising injury", involved the rendering of or failure to render any professional service. , 2018 IL App (1st) 170192, 419 Ill. Apr 24, 2020 · Beyond the typical review for problematic exclusions (e. Oct 2, 2015 · General sloppiness on additional insured endorsements and certificates of insurance. Nescon Contracting Corp. Jan 27, 2017 · According to IRMI, a blanket endorsement is defined as, “An endorsement sometimes attached to liability insurance policies that automatically grants insured status to a person or organization that the named insured is required by contract to add as an insured. As a result of statutes enacted in 2003 in New Mexico and Montana, 2006 in Colorado, 2009 in Kansas, and 2009 for residential construction in California, as well as Oregon's highest court ruling above in 2005, ISO began to promulgate state-specific additional insured endorsements to reflect in the policy forms the limited Jan 6, 2017 · The Nautilus policy contained an additional insured endorsement that stated, "where required by written contract, a person, firm or organization is included as Additional Insured but only in respect of liability for Bodily Injury … arising out of operation performed by or on behalf of the named Insured under written contract with such Feb 1, 2001 · Blanket additional insured endorsements are useful tools for preventing administrative oversights and reducing paperwork, but they also carry risks for both the named and additional insureds. IRMI's Commercial Liability Insurance reference discusses every standard additional insured endorsement, its use, and its effect on coverage. E. Jan 1, 2008 · Host liquor liability coverage, which used to be a separate express coverage grant provided as part of the Broad Form CGL Endorsement added to the 1973 ISO comprehensive general liability policy, is intended to provide coverage for a person or organization for certain functions or events that are incidental to the named insured's business. Aug 16, 2019 · In 2004, however, ISO revised the standard additional insured endorsements, replacing "arising out of" with language stating that additional insured coverage applied only to liability "caused, in whole or in part, by" the acts or omissions of the named insured. 1 The authors point out that they are approaching this issue from the standpoint of a project owner, so their comments must be viewed accordingly. These endorsements protect the additional insured from claims arising from the named insured's operations or activities. The following coverage restrictions are most often found in an insurer’s own additional insured endorsements, particularly Jul 13, 2017 · Additional insured endorsements can be a tricky subject. CG 20 36 Additional Insured – Grantor of License. May 1, 2011 · A recent federal case shows that, when arranging additional insured (AI) coverage for a landlord, it would be a good idea to obtain an endorsement covering liabilities arising out of the tenant's "operations" in the leased space. Sep 29, 2017 · This includes requiring additional insured status on the unenrolled parties' individual insurance programs. Feb 26, 2021 · In addition, most delay and soft costs coverage forms include a provision whereby additional expenses necessarily incurred are insured to the extent that the delay/soft costs claim is reduced. That may provide better coverage than an AI endorsement applying only to the tenant's "use" of the leased space. (ISO), Commercial General Liability (CGL) Coverage Part (October 2001 edition), including the scope of coverage afforded in the 2001 ISO additional insured endorsements. above are completed. In fact, ISO will be releasing new editions of the CG 2010 and CG 2037 Additional Insured Endorsements, effective December 2019. </p><p>This endorsement is commonly used when a temporary help agency (the insured) is required by its customer (the alternate employer Tie-in endorsements state that if an insured's D&O and fiduciary liability policies are written by the same insurer, only one policy limit applies (or the higher of the two limits applies if the limits are different) when a claim arises from essentially the same set of acts or facts. Aug 16, 2024 · In 1993, the standard additional insured endorsements were modified to extend coverage to additional insureds only with respect to the contractor's "ongoing" operations for the additional insured, thus eliminating completed operations coverage for the additional insured. For more information and to order, go to The Additional Insured Book or call (800) 827-4242 and ask for Customer Service. The additional insured endorsements that will be discussed are: 1. , 645 NE2d 980 (Ill App 1995), the court held that the additional insured was entitled to coverage for his own negligence, even though his contract with the policyholder entitled him only to coverage arising out of the policyholder's negligence, because the additional insured endorsement Find out how current versions of standard additional insured endorsements tie coverage to the construction contract, and learn the implications for upstream and downstream parties. Sep 13, 2024 · The Plain and Ordinary Meaning of the Policy Finally, in construing the additional insured endorsement, the court reasoned that it extended coverage "to liability for 'bodily injury' caused, in whole or in part by the named insured's acts or omissions, or the acts or omissions of those acting on the named insured's behalf" and that nothing in the language "purport[ed] to limit coverage to an Oct 1, 2000 · ISO AI Endorsements. Apr 1, 2009 · Recall that the CGL "default" as respects the order of coverage is for an insured (including an additional insured) to apply as primary coverage (see Priority of Coverage above). Underestimating the full effects of pollution exclusions in standard policy forms. Oct 1, 2009 · The ISO CG 20 37 and many insurers' independently filed additional insured endorsements provide coverage for the additional insured for bodily injury or property damage within the products and completed operations hazard. Commercial Liability Insurance covers these topics Oct 1, 2012 · Endorsement CG 22 80. 10 Under these revisions, insurers may argue that the additional insured Jul 1, 2002 · There is support outside Illinois for the assertion that an exclusion for the negligence of the additional insured renders the coverage illusory. Wrap exclusions are added via endorsement to commercial general liability (CGL) policies and exclude (or, in some cases, modify) coverage for damages related to project work Dec 14, 2018 · Non-ISO Additional Insured Endorsements. Importantly, the analysis of this provision can vary from jurisdiction to jurisdiction. This is especially important for business operations that require hiring third-party contractors, vendors, or other organizations. An additional named insured is a person or organization, other than the first named insured, identified as an insured in the policy declarations or an addendum to the The employees as insureds endorsement (CA 99 33) may be used to extend nonowner liability coverage to cover the individual liability of employees while they are using their own autos in the employer's business. , is $56 in print format, with access via IRMI Online starting at $28 per year. There are a number of different forms intended to address various situations, some of which afford very restrictive coverage to additional insureds. e. Feb 3, 2023 · The court found that the phrases clearly indicated "that an additional insured is only entitled to coverage concerning liability that is caused by or occurs by reason of acts or omissions of the named insured. Ct. 3d 281 (App. Jun 15, 2015 · “Blanket” – also called “automatic” – additional insured endorsements are endorsements that the insurance company provides to automatically add as additional insureds, those individuals or one additional insured endorsement to another? This analysis becomes more complicated when your client hands you an additional insured endorsement that contains an insurer’s own unique wording. By far the most common coverage mistake made by insurance agents/brokers is to leave their customers ignorantly uninsured for contamination related losses. Aug 6, 2004 · The cost of The Additional Insured Book, 5th ed. , anticipated the flaws in blanket additional insured endorsements in situations like these and provided the tools to more specifically address the additional insured needs of various parties. CLI also explains, in clear detail, the risk management and risk transfer considerations that parties should be aware of so that the proper coverage is put in place and the interests of the contracting Dec 16, 2016 · Expanded Anti-Indemnity Statutes and Additional Insured Coverage. In Vivify Construction, LLC v. are commonly found in the market, insurance companies may prefer to offer their own version of these endorsements. , 684 NE2d 956 (Ill App 1997). Relying on its advice, many insurance professionals and risk managers have changed their approaches to requiring or granting additional insured A designated insured endorsement is an optional endorsement available for commercial auto policies that allows for listing entities who ask to be named insureds for vicarious liability under the policy. 743, 94 N. (ISO), has promulgated since late 2000 a commercial umbrella policy form (CU 00 01) as well as a commercial excess policy form (CX 00 01), 1 many insurers offering commercial umbrella coverage still draft and use their own policy forms—or at least draft and use their own endorsement forms. ISO endorsement CG 22 80 was created to address professional liability exposures for contractors while performing design-build services or for any professional services performed on their behalf. 5 days ago · The Additional Insured Book provides key insight and practical guidance on problems with standard endorsement forms, offers suggestions for modifying coverage to correspond with contractual risk transfers, and critiques the good and potentially troublesome areas of a number of manuscript additional insured endorsements in use. Contractual Risk Transfer also provides detailed discussions and advice with respect to using or requiring an additional insured endorsement, waiver of subrogation, contractual liability coverage, cross-liability coverage provision, mortgagee or loss payee clause, owners and contractors protective liability insurance, and other types of Vendors coverage is additional insured coverage, usually under a manufacturer's general liability policy, for specified vendors with respect to their distribution or sale of the manufacturer's products designated in the schedule on the endorsement. 2018), the Appellate Court of Illinois held that a subcontractor's insurer did not owe a duty to defend to the general contractor, an additional insured, for a bodily injury claim despite the existence of a requirement for said Mar 16, 2018 · Contractors pollution liability (CPL) is a contractor-based policy, offered on a claims-made or occurrence basis, that provides third-party coverage for bodily injury, property damage, defense, cleanup, and related defense costs as a result of pollution conditions (sudden/accidental or gradual) arising from contracting operations performed by or on behalf of the contractor. As required by the lease contract, the restaurant (named insured) lists as an additional insured on their CGL policy the leasing company (lessor), using the ISO Additional Insured—Lessor of Leased Equipment endorsement (CG 20 28 07 04). While breach of contract endorsements were attached to some CGL policies issued to contractors and subcontractors prior to the landmark occurrence cases set out above, they nevertheless became more popular after those cases due to the growing weakness of the "defective work is not an occurrence" policy defense. v. The March 1997 version (the version currently in use) of the ISO CG 20 10 AI endorsement provides as follows: Who Is An Insured (Section II) is amended to include as an insured the person or organization shown in the Schedule, but only with respect to liability arising out of your ongoing operations performed for that insured. (ISO),1 standard additional insured (AI) endorsement in the early 2000s, many insurance companies have advocated for an exceedingly narrow application, arguing that coverage is available only for the AI’s vicarious liability for the Insurance Services Office (ISO), in its most recent multistate endorsement revision filing, made a minor change to 25 additional insured endorsements; brought two additional insured endorsements up-to-date and in alignment with most the construction-related additional insured endorsements; added three new non-construction AI endorsement triggered by the presence of a contractual requirement Jul 17, 2020 · Advent of the Breach of Contract Endorsement. General liability insurance is usually purchased by all of the parties in the construction process. In this post, we’ll take a look at wording for additional insured Jun 28, 2024 · Nonstandard Forms. Feb 1, 2001 · Changes in Underlying Coverage. In Bonner County v Panhandle Rodeo Assoc. Here are some areas to consider in a basic analysis of any additional insured endorsement. A couple more examples: Exclusions are also added to the Additional Insured—Lessor of Leased Equipment endorsement (CG 20 28 07 04) (coverage is excluded for any injury or damage that takes place after the equipment lease expires) as well as the Additional Insured—Managers or Lessors of Premises (CG 20 11 01 96) (coverage is excluded for any "occurrence" that takes place Aug 1, 2013 · The 2013 Revisions. Oct 7, 2016 · In the world of construction, parties rely heavily on additional insured endorsements as a means of risk transfer. Dec. General descriptions also qualify as an additional insured through a Oct 25, 2024 · The Additional Insured Book provides key insight and practical guidance into a number of cutting-edge areas, including problems with standard endorsement forms, suggestions for modifying coverage to correspond with contractual risk transfers, and critiques the good and potentially troublesome areas of a number of manuscript additional insured Sep 25, 2020 · The additional insured endorsement further provided the following. Discover methods contractors and subcontractors can use to minimize the risks of breaching their contracts when using blanket AI endorsements. One of the oldest and most confounding debates in the insurance world is over the question of what an additional insured (AI) endorsement to a CGL policy covers. Dec 1, 2014 · For instance, in Superior Ice Rink, Inc. Help ensure your business relationships continue when the big loss occurs. com, copyright 2022 International Risk Management Institute, Inc. v Aetna Life & Cas. The additional insured endorsement was not on an ISO form but still only included ECI as an additional insured "if, and only to the extent that, the injury or damage is caused by acts or omission of [Bolduc] or [Bolduc's] subcontractor in the performance of 'your Mar 1, 2006 · Other Examples. Relying on its advice, many insurance professionals and risk managers have changed their approaches to requiring or granting additional insured Jun 12, 2020 · Landlord was an additional insured because the two requirements of the additional insured endorsement in the policy—that the lease agreement require it to be an additional insured and that the liability arises out of the named insured's use of the premises—were met. Jun 29, 2018 · Vivify Construction LLC v. </p><p>A named insured's impetus for providing additional insured status to others may be a desire to protect the other party because of a close relationship with that party (e. Not to mention, they are also affordable options for contractors who work with several parties that may require an additional insured status. Nautilus Insurance Co. Oct 15, 2019 · Unfortunately, adding another party as an Additional Insured is complicated. Employees as additional insureds is a form of general liability endorsement used with pre-1986 commercial general liability (CGL) forms to provide insured status to employees of the named insured business. Aug 16, 2019 · Additional Insured Coverage Via the Relationship. Jan 13, 2022 · Losses Exceed the Contractually Agreed Limits As of the 2019 revisions, the Insurance Services Office's commercial general liability (CGL) additional insured endorsements limit coverage to the lesser of (a) the amount required by contract or agreement, or (b) the amount available under the applicable limits of insurance. App. Defense costs endorsements are nonstandard commercial general liability (CGL) endorsements stating that if the insurer agrees to provide a defense to an insured, but it is later determined that the claim would not be covered by the policy, the insurer is entitled to reimbursement of defense costs incurred up to that point. Jones Constr. A blanket additional insured endorsement is an endorsement sometimes attached to liability insurance policies that automatically grants insured status to a person or organization that the named insured is required by contract to add as an insured. As owners began to: identify the cost of insurance the subcontractors were placing in their bids, see additional insured endorsements that restricted coverage, and While automatic additional insured endorsements certainly eliminate the need to list each person or organization as an additional insured, an automatic endorsement has its weaknesses, some of which are now being exposed as insurers intensify challenges to the coverage actually provided by automatic additional insured endorsements. Circular that the revised additional insured endorsements will not provide coverage for the additional insured’s sole negligence, but will provide coverage for what ISO refers to as the additional insured’s "contributory negligence. Your Trusted Source for risk management and insurance information, education, and training Dec 7, 2023 · Blanket additional insured endorsements extend a named insured’s coverage to multiple third parties without having to specifically name or request such a status for each. This is not the order of coverage contemplated by "primary and noncontributory. " Mar 1, 2000 · Conversely, a stand-alone EPL policy offers these benefits: (1) a broader scope of coverage compared to what is provided under D&O endorsements, (2) the ability to select either "duty to defend" or "non-duty to defend" defense provision options, (3) insulation of an insured's D&O policy limits, and (4) availability of risk management and loss May 11, 2018 · The Facts and Decision in Gilbane. S. Jul 17, 2015 · The Insurance Services Office, Inc. Jul 14, 2017 · The named insured's umbrella, which has included the additional insured, will usually respond after the CGL purchased by the additional insured 1 (i. The Additional Insured Book discusses not only the additional insured issues related to commercial general liability insurance but also property, auto, workers compensation, marine, and aircraft issues. Additional insured endorsements can cover more than people, though. Design a workable contract compliance and certificate monitoring program. Jul 1, 2003 · In J. Generally speaking, blanket endorsements provide adequate protection for companies. Nov 29, 2024 · Additional Insured (AI) endorsements in commercial insurance extend coverage to individuals or entities not originally named in the policy. While the commentary regarding the 2001 additional insured endorsements no longer applies to additional insured endorsements with later ISO edition dates (i. Nor does the application of insurance to each named insured as if it were the only named insured mean that each named insured becomes, in effect, the first named insured with respect to its own coverage. Provides additional insured status to a designated person or organization that has granted the named insured a license. In other words, if a project owner directs a contractor to take specified actions, the resultant additional costs are insured to the extent the owner's An alternate employer endorsement is an endorsement added to a workers compensation policy that provides an entity scheduled as an alternate employer with primary workers compensation and employers liability coverage as if it were an insured under the policy. , 2004, 2013), all of the other commentary is as sound today as it was in 2004. Sep 21, 2018 · This article was originally published in January 2004. When that happens, a court has the equitable power to reform the insurance policy to correct such mistakes so that the policy reflects the parties' contractual intent. Some of the additional insured endorsements in question were versions of standard ISO endorsement CG 20 10, in pre-1993 editions, which Dec 12, 2023 · The additional insured can require that not only will its identity be added to the policy as an "additional insured," but its status as a loss payee will be best demonstrated through an endorsement, such as the ISO Loss Payable Provisions (CP 12 18 06 95) form. Co. An additional insured endorsement is a policy endorsement used to add coverage for additional insureds by name—for example, mortgageholders or lessors. You'll get a comprehensive analysis of all CGL coverages to put together the best insurance program, including an examination of endorsements and potential exposures. Fire Ins. As we’ve explored in past articles, these endorsements aren’t always what they appear to be, and many contain clauses, exclusions, or limitations that aren’t apparent until, of course, an incident occurs where the policy is closely examined. Insurers writing accounts that routinely demand use of additional insured endorsements, such as insurers that provide a market for construction, have been writing their own proprietary additional insured endorsements for several years. 2 (To read Most of these endorsements are similar to the following: "The Named Insured includes all subsidiaries, affiliated, associated, controlled or allied companies, corporations, or firms as now or hereafter constituted, for which the Named Insured has responsibility for placing insurance and for which similar coverage is not otherwise more specifically provided. If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such additional insured will not be broader than that which [the Owner is] required by contract or agreement to provide for such additional insured. , 620 P2d 1102 (1980), the Idaho Supreme Court refused to enforce an exclusion in an additional insured endorsement for the additional insured's "sole The standard Amendment of Insured Contract Definition commercial general liability (CGL) endorsement (CG 24 26) alters the policy's definition of "insured contract," which determines the scope of coverage for contractually assumed liabilities, to require that the injury or damage for which coverage is sought was caused "in whole or in part" by the named insured or those acting for it. Additional Insured – Owners, Lessees or Contractors – Scheduled Person or Organization (CG2010 4/13) 2. Waiver of subrogation endorsements and additional insured status on the same CGL policy are ordinary requirements in the construction industry. It provides coverage for professional services, as defined in the endorsement, performed on the named insured's behalf. g. (ISO), endorsements CG 00 55 03 97 (occurrence) and CG 00 56 03 97 (claims-made), or as built into the 1999 edition ISO CGL forms, is a contingent excess clause. Mar 1, 2000 · The critical wording in the additional insured's own CGL, provided either by a manuscript endorsement, the Insurance Services Office, Inc. Nautilus Ins. An additional insured is a person or organization not automatically included as an insured under an insurance policy who is included or added as an insured under the policy at the request of the named insured. Despite conflicting authority nationally, and conflicting opinions between the New York trial court and the Appellate Division, the New York Court of Appeals found that the language of the blanket additional insured endorsement at issue—"with whom you have agreed"—was "facially clear" and did not confer additional insured status unless an organization has Feb 7, 2022 · But even greater care must be used when a non-ISO additional insured endorsement is being provided by the insurer. " Mar 1, 2006 · This is also accomplished with other "risk transfer" methods such as hold harmless agreements and additional insured provisions on behalf of the owner. 2 One case discussing such an Aug 1, 2000 · Commercial General Liability Insurance. 2d 362 (N. While Insurance Services Office, Inc. The fiduciary liability endorsement provides general liability protection for the financial institution, its executive officers or employees, trust beneficiaries, and others as delineated in the endorsement for bodily injury (BI) or property damage (PD) liability arising out of the ownership, maintenance, or use of property in any trust for which the named insured is acting in a fiduciary or Jan 7, 2020 · The reason is simple: blanket endorsements. A. An article recently appeared in The Construction Lawyer, a highly respected publication, that takes an opposing view on naming parties, other than the owner, as named insureds or additional insureds. Two powerful insurance tools designed for this purpose are the CG 20 10 and CG 20 37 additional insured endorsements. , the CGL policy on which the additional insured is the named insured). As wrap use has grown, so has the use of "wrap" exclusions.