L Squared Insurance Agency Blog: extended reporting period issues
View the latest blog posts from L Squared Insurance Agency.
Friday, March 22, 2024 A little discussed issue is the remaining Extended Reporting Period (ERP or Tail) aggregate policy limit being depleted (Burning the Limit). An ERP is attached to the last inforce policy. The ERP endorsement does not change the terms of the policy or reinstate policy liability limits used during policy term. READ MORE >>
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