THE DANGERS OF ABSOLUTE EXCLUSIONS, AND WHY ARE REGULATORS ALLOWING THEM?

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THE DANGERS OF ABSOLUTE EXCLUSIONS, AND WHY ARE REGULATORS ALLOWING THEM?

Since 2009, over 30 Cases have been decided dealing with absolute Exclusions.  Many Decisions have enforced them in was no one could have foreseen as to their breadth. “Arising From” is equated as being” connected with” irrespective of causation, i.e., the Insured may NOT be the cause or tortfeasor. Yet because the claim is “connected with “something excluded”, the exclusion is being enforced.

Is this as Unfair Trade Practice, or unconscionable?

 

Frederick J Fisher

President

Fisher Consulting Group, Inc.