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  2. Finance Committee - Agenda - 2/21/2018 - P149

Finance Committee - Agenda - 2/21/2018 - P149

By dnadmin on Mon, 11/07/2022 - 11:48
Document Date
Wed, 02/21/2018 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 02/21/2018 - 00:00
Page Number
149
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__022120…

P. EXTENDED PROPERTY DAMAGE

Exclusion a. of COVERAGE A. BODILY INJURY AND PROPERTY DAMAGE LIABILITY is replaced by the
following:

a. Expected Or intended Injury

“Bodily injury" or “property damage” expected or intended from the standpoint of the insured.
This exclusion does not apply to “bodily injury" or "property damage" resulting from the use of
reasonable force to protect persons or property.

Q. WAIVER OF TRANSFER OF RIGHTS OF RECOVERY AGAINST OTHERS TO US - WHEN REGUIRED iN A
CONTRACT OR AGREEMENT WITH YOU

Under Section iV - Commercial General Liability Conditions, the following is added to Condition 8. Trans-
fer Of Rights Of Recovery Against Others To Us:

We waive any right of recovery we may have against aperson or organization because of payments we

make for injury or damage arising out of your ongoing operations or "your work" done under a

contract with that person or organization and included in the “products-completed operations hazard”

provided:

1. You and that person or organization have agreed in writing in a contract or agreement that you
waive such rights against that person or organization; and

2. The injury or damage occurs subsequent to the execution of the written contract or written agree-
ment.

2013 Liberty Mutual Insurance
CG 88 10 04 73 Includes copyrighted material of Insurance Services Office, Inc., with its permission. Page 8 of 2

Page Image
Finance Committee - Agenda - 2/21/2018 - P149

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