We have long lived in a country where most insurance policies have been comprised of standard forms. Most general liability insurance “products” issued by the same insurer to small businesses throughout the United States have long been uniform within a given industry. For instance, if two similarly situated small businessmen in a given state purchased general liability policies from the same insurer during the same policy period, they could reasonably expect that their policies were comprised of the same standard forms. Continue reading “Wouldn’t a Product Liability Analysis of Historical CGL Policies Issued to Small Businesses Be A More Reasonable Approach?”
