Chubb Expands Libel Cover To Address More Media Risks.Chubb Executive Risk is the carrier for the libel libel 1) n. to publish in print (including pictures), writing or broadcast through radio, television or film, an untruth about another which will do harm to that person or his/her reputation, by tending to bring the target into ridicule, hatred, scorn or contempt of insurance program sponsored by the National Newspaper Association. Working with Walterry Insurance Brokers, Clinton, Md., an insurance agency specializing in media organizations, Chubb Executive Risk will bring its media insurance products and services to the association and its 3,600 members. Chubb said the relationship with the association illustrated its commitment to the media insurance industry at a time when other carriers were leaving the turbulent market. The policy covers risks arising out of the gathering and communication of news to the public. The policy goes beyond the traditional "named perils" such as libel, invasion of privacy invasion of privacy n. the intrusion into the personal life of another, without just cause, which can give the person whose privacy has been invaded a right to bring a lawsuit for damages against the person or entity that intruded. and copyright infringement Noun 1. copyright infringement - a violation of the rights secured by a copyright infringement of copyright plagiarisation, plagiarization, piracy, plagiarism - the act of plagiarizing; taking someone's words or ideas as if they were your own , to include no-settlement "hammer" clause, no exclusion for internal copyright disputes, choice between indemnity and duty to defend, protection for confidential sources and other information, automatic coverage for all modes of communication, punitive damages Monetary compensation awarded to an injured party that goes beyond that which is necessary to compensate the individual for losses and that is intended to punish the wrongdoer. coverage (where insurable in·sure v. in·sured, in·sur·ing, in·sures v.tr. 1. a. To provide or arrange insurance for: a company that insures homeowners and businesses. b. by law), worldwide coverage and an occurrence form. |
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