Full-Service Liability Coverage Representation
Liability coverage protects and indemnifies the insured and its third-party beneficiaries (e.g., subsidiaries, employees, etc.) from the claims of third parties. An important aspect of this insurance is the insured’s defense. Examples include:
- Aviation accident or aircraft liability
- Commercial auto liability
Including fleet, truckers and motor carrier liability
- Commercial crime
Including burglary and robbery, computer fraud, fidelity or employee dishonesty, forgery or alteration, funds transfer fraud, and kidnap, extortion, or ransom coverage
- Commercial general liability
Including bodily injury, personal and advertising injury, and property damage.
- Commissions of selling agents
- Contractual liability
- Cyber and privacy
- Data processors errors and omissions
- Educators legal liability
- Electronic data liability
- Electronic products errors and omissions
- Employment practices liability
Including wage and hour indemnity
- Environmental or pollution
- Event
- Fiduciary liability
Including settlor liability
- Foreign liability
- Garage liability
- Garagekeepers liability
- Hangar keepers liability
- Healthcare purchasers liability
- Inland and Ocean Marine
Including bailee, charterers, and wharfinger legal liability
- Innkeepers legal liability
- Lender liability
- Liquor law (dramshop) liability
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- Managed care liability
- Management liability
- Manufacturers penalty
- Marina operators legal liability
- Media liability
- Medical malpractice
Including allied healthcare professional, druggist, hospital, physicians, and Medicare and fraud and abuse
- Owners and Contractors liability
Includes CCIPs, COCIPs, OCIPs, OCPs, PCIPs, and owners protective errors and omissions
- Professional liability
Including accountants, agents, architects and engineers, attorneys, bankers, computer software design, construction management, contractors, designers, insurance agents, real estate, and miscellaneous
- Product liability
- Property transfer liability
- Protection and Indemnity (maritime liability)
- Protective liability
- Police professional or law enforcement officers liability
Including off-duty or moonlighting
- Public officials liability
Including faithful performance coverage.
- Representations and warranties
- Seedsmen’s errors and omissions
- Stop-loss or loss ratio
- Stevedores legal liability
- Technology (products and services) errors and omissions
- Umbrella liability
- Trust department errors and omissions
- Warehouse operators liability
- Workers compensation
Including employers liability, employer’s responsibility, and endemic disease
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Certain liability policies, in addition to providing liability coverage, provide some first party coverage as well (e.g., commercial auto). Directors and officers coverage is a type of liability policy that protects and indemnifies the members of an entity’s governing body (e.g., directors) and executives (e.g., officers) and in some policy forms the entity, itself, from claims against such individuals or entity.
Whether liability or first party coverage, applicable law usually affords insureds common law and statutory protections, such as the common law principle that ambiguous policy provisions must be interpreted to favor the insured.
However, applicable law typically affords additional protections for the unique circumstances faced by insureds in this setting, including the right to independent counsel in the event an insurer wrongfully denies the insured a defense or in the event of a conflict of interest between the insured and its insurer. Under a doctrine, commonly called the Stowers doctrine, an insurer may also be liable to the insured for a judgment or settlement, including amounts in excess of policy limits, if the insurer previously rejected a reasonable demand from the claimant in the underlying dispute that was within policy limits.
If an insurer has wrongfully refused to defend you, reserved its rights, or exercised its control over the defense of a claim to reject reasonable settlement offers, come discover the difference a policyholder advocate can make for you.
