Umbrella Endorsement Discussions for "02," "04," and "21" Series Updated in Commercial Liability Insurance
This Commercial Liability Insurance release begins
a general revision and expansion of standard umbrella endorsement annotations.
Included in this release are new annotations of the "02,"
and "21" series
endorsements promulgated for use with the Insurance Services Office, Inc.
(ISO), commercial umbrella liability program. Of special interest will be the
treatment of the "21" series endorsements, which impose various
exclusionary provisions on the umbrella policy, and many of which correspond to
similar exclusions used with the ISO commercial general liability program.