Alycen A. Moss and Elliot Kerzner | Property Insurance Law Observer The Eleventh Circuit Court of Appeals recently held that, under Georgia law, an appraisal process tolled a commercial property policy’s two-year contractual suit limitation period even for non-covered claims. In Omni Health Solutions, LLC v. Zurich Am. Ins. Co., No. 19-12406, 2021 WL 2025146 (11th… Continue reading Appraisal Process Tolls Contractual Suit Limitation Period Even For Non-Covered Claims
Category: Insurance Claims
Five Tips To Help Navigate The Insurance Claims Process
Courtney Alvarez, Andrew Reidy and Joseph Saka | Lowenstein Sandler Companies purchase liability insurance, often referred to as “litigation insurance,” to help manage the risk of lawsuits they may face. Most policyholders understand that they need to provide notice of claims, but there are a number of parts of the insurance claims process that are… Continue reading Five Tips To Help Navigate The Insurance Claims Process
A Look Inside Florida’s Recent Property Insurance Reform
John Daid Dickenson and Chad A. Pasternack | Property Insurance Law Observer Two years after implementing meaningful assignment of benefits reform, Florida enacted broader property insurance claim reform. On June 11, 2021, Governor DeSantis sign S.B. 76, which takes effect on July 1, 2021. S.B. 76 focuses on reducing insurance claim litigation by, amongst other things,… Continue reading A Look Inside Florida’s Recent Property Insurance Reform
A New Roadmap to a Familiar Journey: The ASCE Standard on Loss of Productivity
Frederick E. Hedberg | American Bar Association As the construction industry recovers from and adjusts to the effects of the COVID-19 pandemic and prepares for a new normal, post-COVID world, claims for losses of productivity on projects that were in progress when COVID-19 struck will likely increase due to contractors performing work under conditions far… Continue reading A New Roadmap to a Familiar Journey: The ASCE Standard on Loss of Productivity
“Multiple Claims” Provisions on Contractor’s Professional Liability Policy Creates a Trap for Policyholders
Michael V. Pepe | SDV Insights In Berkley Assurance Company v. Hunt Construction Group, Inc., 465 F.Supp.3d 370 (S.D.N.Y., 2020), professional liability insurer Berkley sued its insured, Hunt, a construction management firm, seeking a declaration that it did not owe Hunt a duty to defend and indemnify against breach of contract claims. The United States District… Continue reading “Multiple Claims” Provisions on Contractor’s Professional Liability Policy Creates a Trap for Policyholders