Derek Chalken | Property Insurance Coverage Law Blog | August 5, 2019 California’s Senate Bill 2401 is making its way through the legislature and will hopefully bring some important changes to the way insurance companies train their out of state adjusters who handle California based policyholder’s claims. The bill, also known as the Insurance Adjuster Act of… Continue reading California’s Insurance Adjuster Act of 2019 Is Coming
Month: August 2019
The Consequences Of Not Giving Notice Of Disclaimer To Additional Insureds
Larry P. Schiffer | Squire Patton Boggs | July 31, 2019 Statutes and case law make it tough for insurance companies to disclaim coverage. In most jurisdictions, if an insurance company receives a claim or tender it must respond quickly and with specificity to avoid losing the right to assert an exclusion or other basis… Continue reading The Consequences Of Not Giving Notice Of Disclaimer To Additional Insureds
How Specific Does A Specific Litigation Exclusion Have To Be?
Larry P. Schiffer | Squire Patton Boggs | July 30, 2019 Insurance policies often have general exclusions for known losses or prior acts. The reason for this is that most insurance is for fortuitous risks–risks that will take place in the future; not risks that already have taken place. For large policyholders that have ongoing… Continue reading How Specific Does A Specific Litigation Exclusion Have To Be?
ISO Modifies Wrap-Up Exclusion
Jeffrey J. Vita | Saxe Doernberger & Vita | August 2, 2019 For those contractors and other parties enrolled in wrap-up insurance programs, one nagging issue frustrating risk transfer has been the Designated Operations Wrap-Up Exclusion found on many contractors’ programs. See, for example, ISO CG 21 54 01 96, which provides in relevant parts… Continue reading ISO Modifies Wrap-Up Exclusion
Court of Appeals Finds Additional Insured Coverage Despite “Care, Custody or Control” Exclusion
Garret Murai | California Construction Law Blog | July 30, 2019 When things go wrong on a construction project it’s often a scramble of finger pointing. In McMillin Homes Construction, Inc. v. National Fire & Marine Insurance Company, Case No. D074219 (June 5, 2019), the California Court of Appeals for the 4th District considered whether an additional insured… Continue reading Court of Appeals Finds Additional Insured Coverage Despite “Care, Custody or Control” Exclusion