Brandee Bower | Property Insurance Coverage Law Blog | March 17, 2015 A recent federal decision in Virginia has confirmed that policyholders may pursue first party bad faith claims against insurance companies.1 A hotel reported a loss after its HVAC roof units were stolen, resulting in property damage and loss of business income. The insurance company… Continue reading More Support for First Party Bad Faith Claims Against Insurers
Category: Insurance Claims
Preserving Your Construction Claim
Craig Martin | Construction Contractor Advisor | February 15, 2015 A recent article in the Construction Executive discussed the importance of preserving your claim, both in terms of timeliness of submitting your claim and making sure that you aren’t waiving portions of your claim when executing releases. These are all excellent points and bear some follow-up.… Continue reading Preserving Your Construction Claim
Insurer’s Duty to Defend: When is it Triggered? When is it Not?
Zach McLeroy | Colorado Construction Litigation | Feburary 9, 2015 In Colorado it is well recognized that an insurer has a broad duty to defend its policyholder against pending claims. An insurer’s duty to defend is triggered when the underlying complaint against the insured alleges any set of facts that might fall within the coverage policy.… Continue reading Insurer’s Duty to Defend: When is it Triggered? When is it Not?
Property Damage to Non-Defective Work Is Covered
Tred Eyerly | Insurance Law Hawaii | February 18, 2015 The New Hampshire Supreme Court found some of the property damage evolving from the insured’s portion of the work was covered under its liability policy. Cogswell Farm Condo. Ass’n v. Tower Group, Inc., 2015 N.H. LEXIS 3 (N.H. Jan. 13, 2015). Lemery Building Company, Inc. constructed… Continue reading Property Damage to Non-Defective Work Is Covered
Florida May Soon Reduce Statute of Repose For Construction-Related Claims to 7 Years
Amanda Baggett | Deconstructed | February 11, 2015 On January 22, 2015, Representative Jay Fant introduced House Bill 501, a bill aimed at reducing the current statute of repose for construction-related claims from 10 years to 7 years. Florida’s statute of limitations and statute of repose for claims “founded on the design, planning, or construction of… Continue reading Florida May Soon Reduce Statute of Repose For Construction-Related Claims to 7 Years