Actuarial Notes

Exam DISC-IA Practice Question 809

Study guide: Exam DISC-IA

A trade association's CGL policy (CG 00 01 04 13) runs from January 1 to December 31, 2026. In November 2025 the association posted an article on its website stating, without knowing it was untrue, that a member firm had been fined for fraud. It reposted the article in its March 2026 newsletter. The firm sues in May 2026 for libel arising from both publications. How does Coverage B respond?

  • A) It does not cover the claim, because the material was first published before the policy period began
  • B) It covers the March 2026 publication, because that offense was committed during the policy period
  • C) It covers both publications, because the claim was made during the policy period
  • D) It does not cover the claim, because libel is an intentional act that Coverage B excludes

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