Tagged cgl

Now for something completely different: Stacking and Unstacking of CGL Insurance Policy Limits

Ready for a real challenge? In this sneak peak at a manuscript on the Stacking and Unstacking of Limits, LeeAkazaki.com poses the burning questions of the day: Should the water glasses be filled horizontally, until they are all full?  Or should it be one vertical vessel, which you then use to fill the others equitably? Even if you you’re not into large loss torts or insurance coverage conundrums, join with me in solving this legal puzzle.  (click here for article) P.S. – to navigate to the Richard Wiseman puzzle, click on the pic! Terms of use / Mentions légales

CGL Policies – the Russian Doll of Business Insurance

Few subjects beguile new lawyers more than the interpretation of commercial general liability insurance policies (CGL). This includes many corporate-commercial lawyers contributing to complex agreements running into hundreds of pages.  Show them a CGL form, and their eyes glaze over. But most CGL policies are only a few pages long, and the longest run a few dozen pages.  Once you “get” the basic structure of the agreement, as described by Justice Rothstein at paragraphs 26-28 of the 2010 Supreme Court of Canada decision in Progressive Homes v. Lombard, you’ll wonder why you ever thought the subject so daunting: