Paul S. White | Wilson Elser Given the risk to life and the economic impact of coronavirus, policyholders and the insurance industry alike are watching and considering whether business interruption, event cancellation, or liability and workers’ compensation insurance benefits may be available while similarly assessing liability risks. This three-part series will cover specific aspects of insurance… Continue reading Coronavirus: Factors for the Insurance Industry to Consider − Part 3 Liability and Workers’ Compensation Insurance
Tag: Economic Damages
Coronavirus: Factors for the Insurance Industry to Consider − Part 2 Event Cancellation and Contingency Nonappearance Insurance
Mathew P. Ross | Wilson Elser Given the risk to life and the economic impact of coronavirus, policyholders and the insurance industry alike are watching and considering whether business interruption or event cancellation insurance benefits may be available while similarly assessing liability risks. This three-part series will cover specific aspects of insurance that all stakeholders –… Continue reading Coronavirus: Factors for the Insurance Industry to Consider − Part 2 Event Cancellation and Contingency Nonappearance Insurance
Coronavirus: Factors for the Insurance Industry to Consider − Part 1 Business Interruption
Paul S. White | Wilson Elser Coronavirus, recently named “COVID-19” by the World Health Organization, presents like a Hollywood disaster movie: It appears to be a mutated virus There is no available vaccination More than 50 million people in China have been quarantined, more than 60,000 people are infected and more than 1,700 people are… Continue reading Coronavirus: Factors for the Insurance Industry to Consider − Part 1 Business Interruption
Damages for Permit Revocation Constitute Covered “Loss of Use”
Shanti Eagle | Policyholder Perspective | April 26, 2019 Insurers often claim “economic damages” are not covered under a standard commercial general liability (CGL) policy. The Fourth District Court of Appeal’s decision in Thee Sombrero, Inc. v. Scottsdale Ins. Co., 28 Cal. App. 5th 729, 736 (2018) review and request to depublish denied (Jan. 30, 2019), demonstrates that… Continue reading Damages for Permit Revocation Constitute Covered “Loss of Use”
Deconstructing Construction Claims (Part 1)
Mary Furst and James McCurley | California Lawyer | May 8, 2017 Forensic accountants explain the methodology to properly analyze economic losses that allegedly flow from construction defects. Complex construction defect cases usually include architects, engineers and contractors, some of whom may be the claimants, some the responding parties, and some serving as expert witnesses.… Continue reading Deconstructing Construction Claims (Part 1)