1. Insurance Community University Commercial General Liability Five Key Things The webinar will begin shortly. There is no audio at this time. This presentation is being recorded for your viewing pleasure at a future date. The attendance and proctor forms are available under ‘Materials’ in the Webinar’s Console to the right. The PowerPoint presentation is also available under ‘Materials’. You will receive the course number for your state near the end of class. Use the ‘chat’ window for questions on the content. Good things you should know…

2. Insurance Community University Objectives 1.The definition of “occurrence” and various decisions around the country that impact the response of the General Liability policy 2.The definition of “coverage territory”: Where coverage applies and when another policy is necessary 3.Key exclusions: Contractual liability; employer’s liability; recall; intellectual property 4.Insureds: Named Insured; other insureds; Additional Insureds 5.Policy conditions: Subrogation and Other Insurance 2

3. Insurance Community University Occurrence Definition 3

4. Insurance Community University Liability Policy Form Design Accident coverage form – Used today for auto exposures Occurrence coverage form – Used today for general liability exposures Older versions of general liability coverage forms were written to cover “accidents” not “occurrences” – As a result, significant case law has developed over decades in the US 4

5. Insurance Community University The Coverage “Triggers” Of The Occurrence CGL (CG 00 01) 5 Coverage ACoverage BCoverage C Bodily Injury / Property Damage Personal And Advertising Injury Medical Payments  Must occur during the policy period and within the coverage territory  An insured must be legally liable  The first offense must occur during the policy period and within the coverage territory  An insured must be legally liable  Must be caused by an accident in the coverage territory  Legal liability is not required

6. Insurance Community University 6 Occurrence Trigger Policy in force at the time of a covered loss Loss occurs during the policy period Event resulting in loss could be much earlier Jurisdictional decisional law varies 6