Product Update

Case Law Updates to Key Umbrella Form Provisions in Commercial Liability Insurance

This Commercial Liability Insurance release reviews and updates case law interpreting a number of key umbrella form provisions, reflecting any new status the most significant court rulings on these provisions may have. Among the discussions brought up to date in this way are the policy annotations of maintenance of underlying insurance requirements, drop down provisions, insolvency of an underlying insurer, and treatment of additional insured status. Where previously cited precedents have been either upheld or overturned by a higher court, those developments are reported, or other precedents establishing the same legal principle are substituted for those that no longer constitute established law in a particular jurisdiction.

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