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INTENTIONAL ACTS

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Regardless of the line of business, the applicable insurance policy's wording addresses the type of incident it intends to cover and, conversely, what it bars from coverage. Essentially, insurance policies are designed to cover certain types of accidents that create a tangible loss. The loss could be suffered by the policy owner (first-party incidents) or by other persons (third-party incidents). In either case, policies typically exclude situations that are intentionally caused by a person insured under the applicable policy. The assumption underlying the exclusion is that an intentional act is, well, intended, so it is not an accidental occurrence. Determining whether or not an act was intentional depended on what the person committing the act wanted to accomplish.

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