Question 1/6
A commercial photographer who lost his camera and memory cards and was unable to provide photos from a convention he was hired by a trade association to document?
Yes
Test your knowledge
Which of these businesses will benefit from MPL insurance?
No
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Correct! The client claimed the photographer was negligent and demanded full reimbursement for the fees they paid the photographer as well as defense costs. HSB’s MPL insurance paid total settlement* costs of $12,000 and defense expense of $1,700.
*Total Settlement may inculde multiple coverages or other fees.
Question 2/6
A travel agent who booked flights for a family reunion for the wrong day, which required several costly re-bookings and additional travel fees?
Correct! The family immediately demanded reimbursement from the travel agent for additional costs associated with the error. HSB’s MPL insurance paid $10,310 in settlement costs and $3,000 in defense expense.
A commercial photographer who lost his camera and memory cards was unable to provide photos from a convention he was hired by a trade association to document?
Question 3/6
An employment agency whose client discovers during the hiring process that the candidate the agency recommended had two felony assault convictions and active restraining orders?
Correct! The client company sued the recruiting firm, alleging negligence in performing the contracted services. HSB’s MPL insurance paid $5,000 in total settlement costs and $2,300 in defense expense.
Question 4/6
A marketing consultant whose detailed plan and recommendations to help a struggling online retailer to grow backfires, causing revenues to plummet and forcing the retailer to close?
Correct! The retailer sued the consultant alleging negligence and claiming the data provided was grossly inaccurate and resulted in the company’s significant decline in revenue. HSB’s MPL insurance paid $5,000 in settlement costs and $7,200 in defense expense.
Question 5/6
An ad agency hired by an electronics retailer who did not have the marketing campaign materials completed in time for a new product launch?
Correct! The retailer sued, claiming that because of the missed deadline, the retailer was not first to market as planned and lost significant sales. HSB’s MPL insurance paid settlement costs of $60,000 and legal fees of $27,000.
Question 6/6
An interior decorator who hit ordering delays, so was unable to complete redecorating the offices of a large law firm in time for occupancy?
Correct! The law firm sued the decorator claiming negligence which required the firm to renegotiate their existing lease for an additional month of occupancy at increased rates. HSB’s MPL insurance paid $25,000 in settlement costs and $8,000 defense expense.
