Joseph Gross | Wiley Rein In a win for Wiley’s client, the United States District Court for the Southern District of Florida, applying Florida and District of Columbia law, has found that a claims-made professional liability policy does not afford coverage for a lawsuit served on the insured’s registered agent prior to the policy period,… Continue reading No Coverage Under Claims-Made Policy for Lawsuit Served on Registered Agent Before Policy Period
Category: Insurance Coverage
California Expands on Scope of Coverage for Soft Cost Claims
Caitlin N. Rabiyan | SDV Insights The California federal district court case of KB Home v. Illinois Union Insurance Co., No. 8:20-cv-00278-JLS-JDE, (C.D. Cal. August 23, 2022), provides much needed guidance for cases involving builder’s risk insurance claims for soft cost coverage. The case stems from damage to several of KB Home’s residential building sites caused… Continue reading California Expands on Scope of Coverage for Soft Cost Claims
Reservation of Rights Letter Merely Citing Policy Provisions Inadequate
Tred R. Eyerly | Insurance Law Hawaii In an unpublished opinion, the Fourth Circuit affirmed the district court’s finding that the insurers’ reservation of rights letters did not provide a basis for denial of coverage. Stoneiedge At Lake Keowee Owners Ass’n Inc. v. Cincinnati Ins. Co., 2022 US. App. LEXIS 34292 (4th Dist. Dec.… Continue reading Reservation of Rights Letter Merely Citing Policy Provisions Inadequate
What if the “Your Work” Exclusion is Inapplicable? ISO Classification and Construction Defect Claims
David Humphreys | Carson Law Group One of the risks faced by a residential builder is that, following completion of construction, the homeowner may assert a claim against the builder for damage to the home caused by an alleged construction defect. One of the ways a builder manages the risk of such construction defect claims… Continue reading What if the “Your Work” Exclusion is Inapplicable? ISO Classification and Construction Defect Claims
An Insurance Check Up for the Construction Industry
Creighton Dixon and Anthony Merrill | Snell & Wilmer The New Year is an opportunity to reset and reflect on your present condition and ways to improve. One thing all members of the construction industry, from owners to contractors, should do is check in on their insurance policies and consider if they have appropriate coverage.… Continue reading An Insurance Check Up for the Construction Industry