Businesses frequently purchase comprehensive general liability (CGL) coverage, which is often referred to as “litigation insurance.” It covers businesses for the costs incurred defending and reasonably resolving suits seeking to hold them liable for alleged bodily injuries or property damage. Companies or businesses that render professional services or advice often also purchase “professional liability” (PL) coverage. An insured may find itself temporarily without its valuable defense coverage despite having two policies that potentially cover the loss when, because the plaintiff pleads alternative theories of liability, the insurers each look to one another to honor that “first dollar” duty to defend.
Distinctions Between Coverage
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