Ezhan Hasan | Wiley Rein An Ohio federal court, applying Ohio law, has held that a letter threatening a bad faith action against an insured insurance company did not constitute a “Claim” for the purposes of the company’s errors and omissions insurance. Columbia Cas. Co. v. State Automobile Mut. Ins. Co., 2024 WL 1331984 (S.D. Ohio… Continue reading Threat of Bad Faith Does Not Constitute a “Claim” Under Insurance Company’s Professional Liability Policy
Month: April 2024
Beware Potential Hidden “Warranties” in Contract Documents
Matthew Grashoff and Gregory Thompson | Hahn Loeser & Parks Warranties provided to project owners are often some of the most-negotiated provisions in a construction contract. What will the warranties cover? How can they be enforced? Perhaps most importantly: how long will they be in force? Arguments regarding one recent construction project in Ohio demonstrate the importance… Continue reading Beware Potential Hidden “Warranties” in Contract Documents
Supplemental Claims Don’t Need to Include Damage Estimates, Fed Appeals Court Says
William Rabb | Claims Journal A federal appeals court has, at least for now, put an end to lingering questions about some property insurance claims litigation: The insured does not need to submit a competing damage estimate when filing a supplemental claim if the policy does not require it. But one of the underlying cases… Continue reading Supplemental Claims Don’t Need to Include Damage Estimates, Fed Appeals Court Says
Construction Defects Coverage Update
Shantinique Brooks | Plunkett Cooney Construction Defects – Eleventh Circuit (Florida Law) Southern-Owners Ins. Co. v. MAC Contractors of Florida, LLCNo. 23-11366, 2024 WL 1573685 (11th Cir. Apr. 11, 2024) The U.S. Court of Appeals for the Eleventh Circuit determined that an insurer had a duty to defend its insured on the basis that, at… Continue reading Construction Defects Coverage Update
Balancing Risk and Reward: the Complexities of Stadium Construction Projects
Gregory A. Eichorn | Peckar & Abramson From grand designs to opening day, stadium construction projects present a captivating blend of high-profile opportunities and significant challenges and risks. Navigating this complex landscape is not easy, but when managed properly, the potential rewards, both in terms of reputation and finances, can make it a gamble worth… Continue reading Balancing Risk and Reward: the Complexities of Stadium Construction Projects