Coverage for loss suffered as a result of the crystallization of an administrative, judicial, or legislative exposure or unintended interpretation of a contractual provision, or because a judgment, verdict, arbitration award, or agency determination favorable to the insured has been overturned on appeal.
Ambridge Partners LLC (which in CA does business as Ambridge Insurance Solutions West, LLC, License number OL45420) is a managing general underwriter of Transactional Insurance, Specialty Casualty, Management Liability, Professional Liability, Cyber and Reinsurance products, and part of the Ambridge Group of companies. This material is intended to provide general information about Ambridge’s products and services. For a full and complete description of coverage terms and conditions please review the insurance policy. The Ambridge Group of companies makes no statement or representation to any person or entity as to the potential tax or accounting consequences or treatment of any transaction or matter. No insurance product, policy or service is offered or will be solicited in a jurisdiction in which such offer, solicitation, purchase or sale is unlawful under applicable statute or regulation of any country or jurisdiction. Inquiries about the products and services described herein should be directed to producers duly licensed in the relevant US jurisdiction.