WebThe statutory limits for damages are $275,000 per person and $925,000 per occurrence. These limits of liability, however, do not apply if the insurance coverage applicable to any particular claim exceeds the statutory liability limits. This principle was established in Marcotte v. Timberlane Regional School Dist., 143 N.H. 331 (1999). WebRisk Management & Insurance. Risk Management proactively manages the University of Maine’s loss exposures by identifying the types of accidental losses faced by the …
Risk Management & Insurance - University of Maine System
WebMar 22, 2024 · A police protective liability insurance policy is designed to cover incidents where law enforcement officers take actions that may be considered “wrongful.” More … WebMaine general liability insurance is required by the state for most business owners. GL coverage is designed to protect ME business owners from direct or indirect damages to another party. Your liability insurance helps pay for those damages caused by the actions of your business, or your employees. blas threading
Maine Minimum Liability Car Insurance Requirements for …
WebThe coinsurance penalty is determined by the ratio of the limit of insurance you are carrying on the building or property to the limit the policy requires you to carry. For example, if the cost to replace a building is $100,000 and the policy requires you to insure to 100%, you should carry $100,000 on that building. WebMar 1, 2024 · The Maine Liquor Liability Act limits damages to $350,000 per incident. But that doesn’t include medical care or wrongful death. Medical care liability is unlimited. Even more, Maine’s Wrongful Death Statute allows up to an additional $750,000. In other words, serving liquor can get you in plenty of trouble. WebPolice Officer Liability Insurance In response to the rise in scrutiny, allegations and investigations against law enforcement officials, Prime Insurance Company has launched the Income Interruption Policy to protect officers in the event their income is reduced due to a suspension, demotion or termination. blast ice cream sheboygan wi