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Abstract: If the store sells beer, it's vulnerable to potential lawsuits. Body: ​ Question from a Big I New York member: “Does a grocery or supermarket selling beer need Liquor Legal Liability Coverage? In my mind, and I may be very wrong, a bar serving liquor needs it as they have a responsibility not to serve people who look or sound intoxicated. Can you make a cashier working in a supermarket or grocery assessing customers if they are intoxicated before checking out wine or beer liable for an injury?" Answer: In my opinion, yes, it needs Liquor Liability Coverage. Reasons: They sell alcoholic beverages. If…

Abstract: Since both the CGL and OCP policies will conceivably provide coverage, the insurer is justified in using the same premium basis for both. Body: ​Question from a Big I Connecticut member: "I was hoping you could provide clarity for me and a client of ours.  They’re a general contractor and will be taking on a project which requires an Owners and Contractors Protective Liability (OCP) policy.  How would this impact our General Liability and Workers' Compensation policies which are currently in place ? Would we include the sub costs for the project requiring the OCP as part of our GL sub costs for rating purposes? …

Abstract: No. Body: ​One question that comes in from time to time is whether a liability insurance policy (either personal, commercial general, or auto) must cover the loss in value of damaged property in addition to the cost of repairs. This comes up a lot with high-end cars, such as the Ferraris, Corvettes, and Maseratis of the world. The car gets hit by an at-fault driver. The car's owner sees the resale value of the car plummeting and wants the other driver to pay for that. So, does the at-fault driver (and therefore the driver's insurance company) have to cover that loss of value?No.The courts…