Did you know that unrelated third parties (like a landlord and a tenant) should not be named a “co-insured” or even a “named insured” on another party’s insurance policy? In fact, the coverage provided to an unrelated third...more
4/14/2022
/ Additional Insured ,
Co-Insured Issues ,
Consumer Insurance Products ,
Insurance Claims ,
Insurance Regulations ,
Landlords ,
Leases ,
Loss Payee ,
Policy Drafting ,
Policy Terms ,
Tenants ,
Third-Party Relationships
In Part I of this series, we discussed how COVID-19 had impacted almost every provision of a commercial lease, including the covenant of quiet enjoyment, continuous use provisions and force majeure clauses, among others....more
9/28/2020
/ Business Interruption ,
Consumer Insurance Products ,
Contract Negotiations ,
Contract Terms ,
Coronavirus/COVID-19 ,
Indemnification Clauses ,
Infectious Diseases ,
Landlords ,
Leases ,
Property Improvements ,
Tenants
Many people are surprised to learn that the insurance language in their form lease needs to be checked and updated on a regular basis. Although this can sometimes be the bane of a leasing lawyer’s existence, the insurance...more