Here are a few updates on the past risk articles.
Indemnity clauses generally are more common to construction projects primarily due to the risks involved maintaining a safe work environment.
The situation can be specifically addressed by working with your insurance advisor and construction professional who are versed in coverage and current code requirements.
Directors & officers of a corporation may be subject to personal liability for acts performed in their duties as an officer or director.
A question asked, and tried to be answered, in many different courts! Numerous articles have been written and rewritten, along with state and federal court decisions, that all address the same question: Is faulty workmanship an occurrence?
Transportation network companies (TNC's) have become a viable part of the sharing economy.
After a Montana Supreme Court decision in 2003, "Kelly Wild vs Fregein Construction", significantly changed the status of independent contractor exemptions, the 2005 Montana Legislature re-established the conclusive status of the IC exemption certificate.
In Montana, every employer who has an employee is required to purchase, or self insure, coverage for an injury or illness arising out of and in the course and scope of employment.
The condominium association business is managed by its by-laws and declarations. These are unique to each association and deal with the day-to-day obligations and duties of the board and unit owners.
Workers' Compensation Coverage is generally always a substantial cost item in any business financial statement. Therefore, business owners pay special attention to the various methods in containing those costs.
The Bakken oil patch has provided great opportunities for employment for numerous workers. With work opportunities naturally goes the need for workers' compensation insurance coverage.
Insurance consumers have become very price conscious and from time to time they will seek quotes to see if they can improve their rates.
The question can then be asked: What are the duties to the client while acting in either capacity?
This is where the need for a face-to-face with an insurance agent/broker is a must!
Montana was one of the first states to enact legislation relating to the needs of injured workers.
In a claim for negligent entrustment you will have cause to pursue not only the driver of the vehicle for compensation, but also the owner!
Generally all Property/Casualty policies you purchase will fall into one of two categories-"Occurrence" or "Claims Made".
There are two distinct "Claims Made" policy forms and the difference can determine the outcome of a potential claim.
A number of surveys and studies have clearly indicated that consumers are largely unaware of the potential coverage gap that may be created by certain occupancy situations.
Risk is the uncertainty of loss. It is not knowing when or how a loss of property or income will occur
Darnielle Insurance is available to answer your questions. We are located at 1320 28th Street West, Billings, MT 59102. Give us a call at 406-652-4180.