USLIs

In Wilmington, Delaware, the intricate details of liability insurance policies are coming under scrutiny as businesses and individuals alike seek to understand their coverage. The USLI umbrella policy lays out specific conditions that dictate when payouts occur in the event of a loss, raising questions about clarity and fairness in the insurance market. Under this policy, the insurer commits to covering losses that exceed a designated retained limit, but only if the policyholder is legally liable for damages. It highlights that the company is not responsible for defending claims that are already addressed by other … Read more