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AccessMyLibrary    Browse    B    Business Credit    NOV-06    ASA to support subcontractor seeking clarification of wrap-up insurance coverage.(American Protection Insurance Co.)(Brief article)

ASA to support subcontractor seeking clarification of wrap-up insurance coverage.(American Protection Insurance Co.)(Brief article)

Publication: Business Credit

Publication Date: 01-NOV-06
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COPYRIGHT 2006 National Association of Credit Management

Imagine that two subcontractors are working on a project under a single wrap-up insurance policy and that one subcontractor damages the other's equipment. Can the subcontractor with the wrecked equipment pursue a claim of damages against the insurance company as a third-party claimant? In June, a trial court in...

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