WebApr 10, 2024 · Even the claims-made policy requires that the bodily injury or property damage be caused by an occurrence. “Occurrence” has been defined in generally … WebSep 26, 2024 · Commercial general liability policies define the amount of insurance they will pay on behalf of the insured as a limit of liability. Policies may contain several types of limits and the each-occurrence limit is the maximum the policy will pay in the event of any one claim or occurrence. If a policy also contains a ...
What Is Commercial General Liability (CGL)? - Investopedia
WebOct 24, 2024 · Commercial general liability (CGL) is a type of insurance policy that provides coverage to a business for bodily injury, personal injury, and property damage caused by … WebDec 20, 2011 · The CGL policy provides coverage for liability arising from bodily injury, personal injury or damage to property of third parties. Some insurers have developed … motorcycle shop in tyrone pa
What Is Each-Occurrence Limit in General Liability Insurance?
WebNov 4, 2013 · In holding that an “occurrence” may exist even when there is only damage to a insured’s own work, the Court did not hold that such damage would actually be … WebThe Commercial General Liability (“CGL”) Policy is the standard policy of insurance issued to ... Judicial interpretation of the CGL “bodily injury” definition has extended the term beyond typical physical pain. Any sickness or disease, whether it is physical or mental, is now generally ... the “occurrence” that caused the loss of ... Weboccurrence and a list of jurisdictions holding it is.2 b. One Approach - Ambiguity in Definition of "Occurrence" Means Not a Limitation on Coverage Texas courts are of the view that the term "occurrence" is ambiguous and does not provide a basis for limitation on coverage. In its 2007 decision the Texas Supreme Court in Lamar Homes, Inc. v. Mid ... motorcycle shop in tampa