A New Standard For Commercial Liability

Topics:
Property
Tags:
Business Operations,
Corporate Insurance,
Coverage,
Finance,
Financial Planning,
Insurance
Source:
American Association of Insurance Services

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Overview: New AAIS form helps primary carriers and reinsurers come to terms on excess and umbrella coverage. Article comments that the AAIS umbrella/excess form lets insurers write a broad range of liability coverage at high limits. At the same time, it limits application of coverage to exposures that should already be addressed in the language and underwriting of underlying policies.

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Format: HTML | Date: Jan 2003 | Pages: 1

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