Coverage from a commercial auto policy does not remain in effect after the policy’s expiration date merely because the insurer failed to give proper notice to the Department of Motor Vehicles that it was canceling a certificate of insurance, the …
The risk management firm Risk Toolbox, Inc. has launched a cloud-based service, CertTool, to assist businesses with the collection and management of Certificates of Insurance (COIs). Managing COIs is a complex, labor-intensive and often inaccurate process associated with high administrative …
Widespread misunderstanding regarding the proper use of certificates of insurance has led to new changes relating to their use that will become effective July 1, 2012, according to Virginia’s Bureau of Insurance. The Bureau reported that some private and public …
Evaluating additional insured and contractual indemnification tenders means asking what was promised by an insured to others and how the promise was made, according to Dan D. Kohane, an insurance coverage expert and senior member of the New York-based Hurwitz …