1. ~5 Short Answer or Calculations
Second Hour Exam
Thursday, April 22
8:30-9:50 a.m.
150 Animal Sciences Lab
Open Book, Open Note
~10 True/False
~10 Multiple Choice
~5 Short Answer or Calculations

2. Exam Covers Focus of exam: Some questions on: Commercial Property CGL
Excess and Umbrella Policies
Business Auto Insurance
WC and Employers Liability
Some questions on:
Material prior to first exam
Underwriting
Insurance Contract Analysis

4. Assignment 5 Key
1. CNA $50, AIG $500,000
2. CNA $100, AIG BERP $450,000
3. St. Paul 1 $270, AIG BERP $50,000
4. St. Paul 1 $500, AIG SERP $400,000
5. St. Paul 1 $500, AIG SERP $500,000
6. St. Paul 1 $230, No coverage
7. St. Paul 2 $500,000

5. Class Assignment 9 Key
1. No coverage, since the loss occurred after the policy expired
2. Yes, since the security guard was responding reasonably given the circumstances.
3. No, since failure of a product or service to meet advertised standards is excluded.
4. The policies they wrote years ago had no pollution exclusion and were occurrence policies, so claims are being made now for pollution that occurred many years ago.

6. Class Assignment 10 Key 1. No coverage (The vehicle is not covered.)
2. $60,000 (Mobile equipment is covered while being towed.)
3. No coverage (This would be covered under CGL policy.)
4. $15,400 (Comprehensive)
5. $4,400 (could be covered under comprehensive as a “falling object” since the deductible is lower than the collision deductible)
6. $900 (Comprehensive)
7. No coverage (Not included in Symbol 7.)