The definition of "insured" is extended to the scheduled individual for coverages A, B, E, and F, meaning that the father cannot both be an additional insured
and an other person who receives benefits.
You are either the policyholder, named insured or an additional insured
The court stated that the term "arising out of" requires only a causal relationship between the injury and the risk for which insurance coverage is provided in determining coverage for an additional insured
Zurich (Newmark's insurer) sought additional insured
coverage for Newmark and the building owner from Endurance (Kras's insurer).
Yet, after a claim was brought against the CM, the prime contractor's insurance company denied AI coverage for the CM, arguing that the language of its AI endorsement required a direct contractual relationship between the primary policyholder (the prime contractor) and the additional insured
(the CM), which did not exist.
Out came the contract, and there it was--stipulations requiring the caterer to name the synagogue as its additional insured
, not vice versa.
In contrast, an Additional Insured
is a third party with whom the Named Insured has a close business relationship.
The Texas Supreme Court recently ruled on the extent of BP's coverage as an additional insured
34) The court concluded that the party was a third-party beneficiary because there was evidence that the insured had specifically asked the insurance intermediary to amend the policy to include the third party as an additional insured
, and the service agreement between the insured and the third party established a legal relationship between them requiring that the insured protect the additional insured
from liability by providing insurance under its policy.
More significant, Pathfinder policies include Robinson Helicopter Company as an additional insured
on every policy, so policyholders are forced to share their liability protection with the manufacturer.
For years I have been advising clients to obtain additional insured
(AI) status on their supplier's product liability coverage.
Yet to read the diatribes from many a construction or insurance pundit, you would think ISO's ongoing mission to limit additional insured
coverage to vicarious liability is one of the great travesties of the liability universe.