Tuesday, June 21, 2011

Global and Off-Premises Exposures

The Reality of Building and Property CoverageClaims Magazine June 2011
By David D. Thamann

In these days of mergers and acquisitions, globalization, and shifting business operations off-shore, questions can arise as to how various insurance policies address off-premises losses. For example, if an insured company based in Ohio expands its operations to Nevada or buys a plant in England, will the commercial property policy cover a fire loss to the newly acquired buildings?  read more..


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