A third party liability insurance policy issued by company A provides coverage to Waldo from March 1, 2012 to March 1, 2013 . Another previous liability insurance policy issued by Company B provided the same coverage to Waldo from March 1, 2011 to March 1, 2012 . The loss is question for which Waldo was sued by the plaintiff happened on July 1, 2011 . Company A is providing coverage. The policy
is likely:
a. An occurrence policy.
b. A claims-made policy.
c. An event-based policy.
d. None of the above.
B
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What will be an ideal response?