Our recent Transactional Liability solutions

Placed $65M deal for $5M limit issues:

  • 1. warranty for environmental.
  • 2. Cost to client for underwriter outside legal fee.
  • 3. broadening definition of loss to include multiplied damages.

Outcome:

  • Covered the environmental representation
  • Reduced fee by $10,000
  • Definition of Loss defined to insured’s acceptance