TLSS partner Brian Bassett and associate Julie Klein have just authored a new article for the Spring 2019 issue of In-House Defense Quarterly.
The article, titled “Where Do We Draw the Line? Liability Coverage for Economic Losses” takes a closer look at commercial general liability (CGL) policies. Coverage A of CGL policies generally do not cover economic losses suffered without some form of property damage or bodily injury. Loss of use of tangible property, however, can also result in economic losses that fit within a CGL policy’s coverage. Bassett and Klein take a closer look at how to identify the boundaries of coverage in a CGL policy by identifying not only the extent of economic losses, but the losses’ root cause.
To review the In-House Defense Quarterly article, click here.