RMIN 5100S Chapter Notes - Chapter 9: Subrogation, Centrifugal Force, Lightning

• School: University of Georgia
• Department: Risk Management and Insurance
• Course: RMIN 5100S
• Professor: Atkinson

Document Summary

These do not contain the anti-concurrent causation language. Artificially generated electrical energy: artificially generated electrical, magnetic or electromagnetic energy that damages or interferes with any: Electrical or electronic wire, device, appliance, system or network. Device, appliance, system or network utilizing cellular or satellite technology: damage by ensuing fire loss is covered and damage due to lightning is also covered because it is naturally occurring. Explosion of steam boilers: exclusion only applies if the steam boiler, steam pipes, steam engines or steam turbines are owned, operate, control or leased by the insured. Insurer will often pursue subrogation for losses resulting from steam boilers owned by the landlord: does not apply to combustion explosion or resulting loss by fire. Mechanical breakdown: including rupture or bursting caused by centrifugal force (acts outward on a body moving, insurer will pay for resulting loss or damage by a covered cause of loss.