To maximize insurance coverage in business lawsuits, companies should identify all applicable policies upon receiving legal notices, notify insurers early, understand coverage triggers, and inform excess carriers. Key policies include Commercial General Liability (CGL), Errors and Omissions (E&O), and Directors and Officers (D&O) liability insurance. Each policy has specific coverage details and exclusions that must be carefully reviewed to ensure adequate protection against various business torts.
Continue to full article
