David Adelstein | Florida Construction Legal Updates | August 25, 2018 The contingency fee multiplier: a potential incentive for taking a case on contingency, such as an insurance coverage dispute, where the insured sues his/her/its insurer on a contingency fee basis. In a recent property insurance coverage dispute, Citizens Property Ins. Corp. v. Agosta, 43 Fla.L.Weekly, D1934b (Fla. 3d… Continue reading The Contingency Fee Multiplier (For Insurance Coverage Disputes)
Category: Insurance Coverage
Beware of Actual Cash Value Endorsements
Chip Merlin | Property Insurance Coverage Law Blog | September 8, 2018 Actual cash value polices should rarely be sold on a typical home. Insurance agents who sell these policies knowing that a mortgage exists are negligent because various federal laws and regulations generally require that negotiable mortgages are to be protected by replacement cost… Continue reading Beware of Actual Cash Value Endorsements
Wind, Flood or Storm Surge: Pick Your Peril Carefully
Geoffrey Greeves | It Pays to Be Covered | September 4, 2018 A catastrophic loss, such as a hurricane strike, can force any company out of business, even if it is insured. Although a business does not suffer any direct physical damage to its facilities, fickle natural disaster events can disrupt a company’s entire supply chain,… Continue reading Wind, Flood or Storm Surge: Pick Your Peril Carefully
Slow As A Turtle? “No Damages For Delay” Clause Inapplicable To Contractor’s Claim Against Architect
Matthew DeVries | Best Practices Construction Law | September 5, 2018 On Saturday, I took the kids to the zoo for a day-long adventure. Faith’s favorite attraction was the turtle compound that was filled with about 20 slowpokes walking a circle. Like watching paint dry, we sat on the sidelines as these mini-dinosaurs trekked the… Continue reading Slow As A Turtle? “No Damages For Delay” Clause Inapplicable To Contractor’s Claim Against Architect
Appellate Court Disagrees with Sister Court on Assignment of Benefits
Erin Dunnavant | Property Insurance Coverage Law Blog | September 9, 2018 In December of last year, my colleague Ashley Harris discussed Security First Insurance Co. v. Florida Office of Insurance Regulation,1 where the Florida Fifth District Court of Appeal (Fifth DCA) upheld the Office of Insurance Regulation (“OIR”) prohibition of proposed language in an insurance policy that… Continue reading Appellate Court Disagrees with Sister Court on Assignment of Benefits