Assignment task:
Jack Hickman is a developer of large office campuses. Hickman frequently hires Mega-Contractors for construction of his office campuses. Hickman always purchases builders risk insurance to cover property that is under construction, and requires Mega-Contractors to carry CGL coverage. If a claim arises that is covered by both the builders risk policy and Mega-Contractor's CGL policy, how will the policies apply? (Search Chapter 9) a. If Hickman was at fault, the builders risk policy will be primary; if Mega-Contractors is at fault, the CGL policy will be primary. b. The builders risk policy will be primary and the CGL policy will apply as excess coverage. c. The CGL policy will be primary over the builders risk policy. d. The two policies will pay equal shares of the loss.