self insured retention News

Court Finds Rental Contract Shifted Liability for Lift Accident to Renter

United Rentals’ insurance carrier is not liable for damages caused by an accident involving one of its electric boom lifts because the small business that rented the equipment signed a contract that, in effect, placed all of the liability on …

$15M SIR Means Wrongful Convictions Place Pressure on Chicago’s Finances

For years, the Chicago Police Department has been trying to move past a shameful chapter characterized by coercion and brutality, shelling out multimillion-dollar settlements to men who were tortured into confessing to serious crimes they didn’t commit. But as the …

Self-Insured Retention on Policy Allows Insurer to Deny Contractor’s Claim

A general contractor was unsuccessful in its bid to gain coverage as an additional insured, due to a self-insured retention (SIR) endorsement on a subcontractor’s commercial general liability (CGL) insurance policy. In a decision issued by an Indiana appeals court …