Category: Insurance Claims

New York’s Highest Court Holds That A Two-Year Limitation Period Is Unenforceable In Certain Circumstances

Shaun Marker – February 17, 2014 New York’s highest court recently held that a policy limitation period, requiring a lawsuit to be brought within two years from the date of loss, is unreasonable and unenforceable…at least under certain circumstances.1 The case involved a loss to an office building severely damaged by fire. The policyholder had… Continue reading New York’s Highest Court Holds That A Two-Year Limitation Period Is Unenforceable In Certain Circumstances

Construction Technology Helps with Claims

ConstrucTech – February 17, 2014 For homebuilders, minimizing risk on a construction job is essential, and long-term. Technology can help with risk management, quality assurance, project-document storage and archiving, customer-service management, insurance-certificate management, and post-warranty claims support. This is essential in the state of California, especially as the industry awaits further clarification as to the… Continue reading Construction Technology Helps with Claims

A Reasonable Investigation of a Water Loss Requires Using Tools to Find the Damage

Chip Merlin – February 6, 2014 Water loss claims are often wrongfully adjusted because the insurance adjusters does not fully investigate the loss. Damage that is hidden behind walls, roofs, ceiling and floor can be detected by using tools that are made for finding water and moisture in these areas. In my research involving “ice… Continue reading A Reasonable Investigation of a Water Loss Requires Using Tools to Find the Damage

Awaited Liability Ruling Favors Texas Contractors

David Lee – January 21, 2014 Language in existing general liability insurance policies does not let insurers skate on construction defect claims, the Texas Supreme Court ruled Friday in a closely followed case. The case stems from crumbling and poorly constructed new tennis courts that led the Tuluso-Midway Independent School District to sue Ewing Construction… Continue reading Awaited Liability Ruling Favors Texas Contractors