Business Insurance Calgary

An interesting ruling has come out of Supreme Court of Canada that could impact the wording of the standard Commercial General Liability policy.

“Defective workmanship can be interpreted as an “accident” under a Commercial General Liability (CGL) Policy, the Supreme Court of Canada has ruled, and “property damage” under a CGL is not necessarily limited to third-party property damage.” Excerpt from the Canadian Underwriter

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As always, if any questions, “call-us” first for all of your Business Insurance needs !

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