Tag Archives: Cerfificates of Insurance

Those crazy Certificates of Insurance

Where would you think the “improper execution of certificates” ranks among the leading causes of E&O claims? After all, it is just a piece of paper that clearly states the certificate is issued as a matter of information only and … Continue reading

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Questions regarding certificates of insurance

As I have cited in the past, certificates of insurance are causing a fair amount of havoc and resulting in E&O claims as certificate holders rely on the contents of an improperly executed certificate form. Some E&O carriers are indicating … Continue reading

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Are you providing certificates on your E&S business?

Let’s take the scenario that your agency customer asks for a certificate. Most of the business is with your standard agency markets but some of the policies are written through one of your wholesalers. When you complete the certificate, what is … Continue reading

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“Let me see the certificate you issued in 2012”

In the event of some type of E&O litigation where the certificate you issued is a key issue, these could very well be the words you hear from either of the two attorneys. Will you be able to honor their request? … Continue reading

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A suggestion (or two) when issuing certificates

There is no doubt that certificates are causing more E&O claims than ever before. The main issue seems to evolve around the issuance of a certificate that has not been properly executed or lacks the necessary accuracy. One of the … Continue reading

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Some certificate issues every agency should know

It is amazing that a document as simple as a certificate of insurance is causing a significant number of E&O claims. Many of the E&O carriers are reporting numbers in the 4-6% area while some are seeing that certificates are … Continue reading

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Certificates of Insurance – how are your carriers addressing this?

Over the past several months, a number of insurance carriers have issued bulletins  notifying their agents of various specifics pertaining to the issue of certificates of insurance. Among the topics addressed are: – the requirement that the latest COI form … Continue reading

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Virginia to Enforce Certificate of Insurance Usage

The attached article, written by Denise Johnson of Claims Journal, addresses some very proactive enforcement steps that the Virginia Bureau of Insurance is taking on the issue of certificates of insurance. The VA Bureau of Insurance spoke to their new position … Continue reading

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Blanket additional insured form – does it afford the coverage unconditionly?

Take the following scenario: Your agency is requested to provide a certificate showing a specific entity as an additional insured. When you pull the file, you note that Blanket Additional Insured coverage is provided. Are you all set? Maybe..maybe not. Most Blanket … Continue reading

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Is your insurance agency being asked to provide a non ACORD certificate ?

Certainly from time to time, your agency will be asked to provide a non ACORD certificate form for one of your insureds. In some states, this is a violation of the insurance law as only those certificate forms filed and approved … Continue reading

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