Thomas Dawson | McDermott Will & Schulte Following the wildfires of recent years, many states west of the Mississippi River have considered (and multiple states have now adopted) legislation to limit the liability of utilities for bodily injury and property damage caused by wildfires that might have been ignited by utility-owned equipment. Most commonly, legislation… Continue reading The Fires Next Time: State Wildfire Liability Limitations for Utilities
Tag: property damage
Third DCA Finds Two‑Year Delay in Reporting Property Damage Violates Prompt‑Notice Obligation
Danielle Robinson | Marshall Dennehey Security First Insurance Company v. Moreno, 51 Fla. L. Weekly D59 (January 7, 2026) This case involves a claim for property damage allegedly caused by Hurricane Irma on September 10, 2017. However, the damage was reported to the carrier more than two years later on April 22, 2020. The carrier… Continue reading Third DCA Finds Two‑Year Delay in Reporting Property Damage Violates Prompt‑Notice Obligation
The Financial Damages Model for Loss of Value
A. Scott Davidson, Sid Jaishankar, Ashley Houlden, and Michael Sherlock | Kroll Introduction Damages are generally calculated as either a loss of income or a loss of capital. When damages are determined on account of a loss of capital, it is often necessary to perform a valuation of an asset or business. This chapter is… Continue reading The Financial Damages Model for Loss of Value
Coverage Denied: Residence Premises Requirement Bars Claim Despite Premiums and Initial Payment
Kelly Phan | Marshall Dennehey Two years prior to Evelyn Pitts’ death, she placed her property in a revocable living trust, entered an assisted living facility and then rented her property to tenants. After Evelyn’s passing, her son reported water damage to the property to Universal Property & Casualty Insurance Company. Universal initially extended coverage… Continue reading Coverage Denied: Residence Premises Requirement Bars Claim Despite Premiums and Initial Payment
Dents Don’t Count: Court Clarifies Hail Damage Coverage
Joshua Tumen | Property Insurance Law Observer In Cannon Falls Area Schools v. Hanover American Insurance Company (2025 WL 2976533 (D. Minn. 2025)), the United States District Court for the District of Minnesota held that a property insurer properly denied coverage pursuant to a cosmetic damage exclusion because hail indentations to roofs affected only their appearance, not… Continue reading Dents Don’t Count: Court Clarifies Hail Damage Coverage