December 2009

California Stamping Fee Increase

The Executive Committee and the Stamping Committee approved an increase in the stamping fee from 0.225% to 0.250%, effective Feb. 1, 2010.All new policies, renewal policies, and extension endorsements with an effective date on or after Feb. 1, 2010, will incur a stamping fee of 0.250 percent. The stamping fee for endorsements, audits, installments or cancellations (excluding extension

New Year’s Resolutions

Hello Friends, Exercise is a gift that you give to yourself that just keeps on giving. Visiting your gym several times a week will provide you with the energy and the positive attitude to be there for your family and friends. Healthy Lifestyle Tip: Health Boosters for Busy People We know that you’re busy so here are some tips you can… Read More »New Year’s Resolutions

“Your Work” Exclusion on CGL Policy

Insurance isn’t a warranty. It doesn’t replace faulty work or products, but it does cover the Bodily Injury (BI) and Property Damage (PD) caused by the faulty work or product. The exclusion of faulty work often referred to as “your work”. One of the most contested provisions of the commercial general liability (CGL) policy is the provision excluding coverage for… Read More »“Your Work” Exclusion on CGL Policy