Tred R. Eyerly | Insurance Law Hawaii The Vermont Supreme Court reversed the trial court’s decision for collapse coverage. Commercial Constr. Endeavors, Inc. v. Ohio Sec. Ins. Co., 2019 Vt. LEXIS 173 (Vt. Sup. Ct. Dec. 13,2019). Commercial Construction Endeavors, Inc. (CCE) built a livestock barn. By late December 2014, the barn… Continue reading Vermont Supreme Court Reverses, Finding No Coverage for Collapse
Category: Insurance Coverage
Construction Wrap-Up Insurance Programs: Erecting a Solid Foundation, Part I
Dennis J. Artese, Finley T. Harckham and Luma S. Al-Shibib | Construction Executive In the construction industry, owner-controlled insurance programs (OCIPs) and contractor-controlled insurance programs (CCIP), also referred to as “wrap-ups,” commonly are used to provide insurance coverage for the owner, general contractor and subcontractors on a project. Under these programs, one set of insurance… Continue reading Construction Wrap-Up Insurance Programs: Erecting a Solid Foundation, Part I
A New Bad Faith Trend Emerges in COVID-19 Business Interruption Litigation
Gregory Gidus | Property Casualty Focus With governments across the world ordering the shutdown of restaurants, bars, and other “non-essential” businesses due to the COVID-19 pandemic, business interruption insurance claims are, not surprisingly, on the rise. While typical commercial property policies require “direct physical loss or damage” to property — a requirement that is unlikely satisfied… Continue reading A New Bad Faith Trend Emerges in COVID-19 Business Interruption Litigation
Just Because? COVID-19 Coverage under General Liability Insuring Agreements
Syed S. Ahmad and Rachel E. Hudgins | Hunton Andrews Kurth Potential damages flowing from the COVID-19 pandemic, similar to those flowing from the opioid crisis, will likely result in courts considering the plain meaning of these common coverage triggers. A policy’s insuring agreement sets out the scope of coverage. It should be the starting… Continue reading Just Because? COVID-19 Coverage under General Liability Insuring Agreements
Virus Exclusion? – Don’t Abandon Hope for Coverage Just Yet
David G. Jordan | Saxe Doernberger & Vita Companies across all industries have been deeply impacted by the social-distancing protocols and economic slowdown caused by the COVID-19 pandemic. Naturally, competent business owners have looked to their commercial business and property insurance programs to determine what coverage, if any, they may have to offset the financial… Continue reading Virus Exclusion? – Don’t Abandon Hope for Coverage Just Yet