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New ACORD 855 to be available for use June 2014

New ACORD 855 to be available for use June 2014

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A new ACORD form 855 is scheduled to be promulgated by ACORD beginning in June 2014.  According to a press release issued by the Professional Insurance Agents (www.pia.org), the new form is “the product of more than a year of collaboration to address a burgeoning concern over inconsistencies and subsequent lack of confidence in coverage representations, the new Addendum highlights 13 coverage issues that are not currently included in the ACORD 25 Certificate of Liability Insurance Form.”

 

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