When an insurance carrier declines to issue an insurance policy because the risks are too rich for its blood, the insurance company is not declining coverage under a policy because of an exclusion. Instead, it is declining to issue a policy in the first place because of "ineligible risks." Ineligible risks are on the rise because rather than denying already-issued coverage on the basis of exclusion, carriers are declining to cover certain risks at all. See Ron Hurtibise, "Insurers Widening Lists of Things They Won't Cover" (Sun-Sentinel Online [Ft. Lauderdale, Florida], posted April 24, 2016).
Please Read The Disclaimer. ©2016 by Dennis J. Wall, author of Litigation and Prevention of Insurer Bad Faith (3d ed. Thomson Reuters West in 2 Volumes, with Supplements). You are invited to visit the author's website here. All rights reserved.