Industry sources report that many i...

Industry sources report that many insurance carriers will change their

policies later this year to prohibit coverage for additional insureds following complet operations. This may be extremely problematic for contractors and subcontractors who are contractually leap to name others, of the like kind as owners and general contractors, as additional insureds extending between the sides of the life of the contract, including performance, completion, warranty and beyond.

When the change takes purport coverage of additional insureds after performance will be terminated, unless the ...