"If insureds do not fully understand [the scope of Coverage B] and fail to push back after receiving a denial, they are potentially forfeiting millions of dollars in defense coverage they purchased."
"Coverage B, or 'Personal and Advertising Injury Coverage,' offers critical coverage that may provide defense (and indemnity) against lawsuits alleging disparagement, defamation, and similar claims that often accompany intellectual property disputes."
"Coverage B is often overlooked, despite its potential to protect against a broad range of claims. Unlike Coverage A, which requires an 'occurrence' or accident to trigger coverage, Coverage B protects against a list of 'offenses,' including intentional acts like disparagement, slander, and libel."
"This is a significant difference that can be key to triggering the insurer's duty to defend claims that fall outside the realm of bodily injury and property damage but are potentially far more damaging to a business."
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