Iso cg0001 12-07

Fifteen minutes later, Homatas collided with another vehicle, resulting in the death of four individuals. The case had to deal with whether the business can be liable for injuries that arise, not as a result of serving alcohol, but as a result of actions in connection with allowing patrons to consume alcohol that they brought on the premises.

The court concluded that the plaintiff's common law claims were not preempted by the state's Dram Shop laws. The court went on to state that the business was not in the business of selling liquor even though they provided the set ups for the liquor that was brought in by the patrons.

Due to these cases and others, the ISO has revised the Liquor Liability exclusion in the various GL coverage forms to clearly state that the Liquor Liability exclusion applies even if the claims against any insured allege the negligence or other wrongdoing in:.

There is further clarity that a Bring Your Own Alcohol Establishment BYO is not considered in the business of selling, serving or furnishing alcoholic beverages. This exclusion has been reviewed in prior form series including in and This new endorsement is similar to the CG 21 98 except that it limits the applicability of the exclusion to the specific product or work described in the schedule on the endorsement.

Caution when reviewing the endorsement — it is broadening if the CG 21 99 replaces the CG 21 However, addition of the endorsement to a policy that does not contain the CG 21 98 would result in a reduction in coverage.

Additional Insured Endorsements There are approximately 24 Additional Insured Endorsements that have taken the new edition date. Also, there are some states that prohibit providing insurance to an additional insured for the party's own negligence. This endorsement provides additional insured status to parties to whom the named insured has become obligated due to written contract or agreement to name an additional insured under their policy. So you may be wondering: how do I make sure that my vendors CGL policy includes this coverage.

We will look briefly at the contractual liability coverage found in the standard CGL coverage form and suggest a few ways to help you with the verification process. Exclusion :. This exclusion does not apply to liability for damages:. Skip Ribbon Commands. Skip to main content. Turn off Animations. Turn on Animations. Page Content. Friday, January 25, Sponsored by. There is a specific exception to this exclusion: Paragraphs 1 , 3 and 4 of this exclusion do not apply to "property damage" other than damage by fire to premises, including the contents of such premises, rented to you for a period of 7 or fewer consecutive days.

However, since the insured has rented the space for more than seven days, there is no coverage. Tuesday, June 2, Bill, Thanks for the refresher. In addition to finding copies of the coverage agreement and associated forms, it entails a thorough reading of said forms. All the while the clock is ticking. Makes me glad I opted not to go to law school and instead chose an underwriting path where I get to do less onerous tasks in addition to the above.

Keep up the good work! I am involved in reviewing our company Insurance policies. This article was so helpful and will be invaluable. Thank you for the article and the clarity with which it was presented. Your email address will not be published. Notify me via e-mail if anyone answers my comment. This site uses Akismet to reduce spam.

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For the vast majority of coverage forms, ISO uses a digit numbering format. For example: CG 00 01 04 13 The first two digits indicate the line of insurance. Homeowners: , , , and PAP: , , , , , and ISO Copyright Notice Finally, the third and most foolproof test for whether a policy form is ISO or not involves the copyright notice usually found at the bottom of each page of the form. Photo by lejoe Want to learn more about this topic?