Shannon O’Malley | Zelle No modern disease has dominated the news and affected the world-wide economy on such a scale as coronavirus (COVID-19). Coronavirus’s impact is widespread across almost all business sectors. Governments are shutting down whole regions and cities to quarantine and contain the outbreak. Workers are being urged to stay home for weeks,… Continue reading Commercial Property Insurance Coverage and Coronavirus
Category: Insurance Coverage
Coronavirus Expected to Bring Serious Delays and Complications to Construction Projects
Susan N. Eccles | Adams and Reese The United States has been transfixed by the spread of coronavirus. To date, over 115,000 individuals in 115 countries and territories have been infected. It is likely coronavirus will soon reach parts of the country that have yet to be affected. Louisiana’s governor, John Bel Edwards, noted that… Continue reading Coronavirus Expected to Bring Serious Delays and Complications to Construction Projects
Insurance Coverage Questions Abound Amidst COVID-19 Outbreak
Douglas Christian | Ballard Spahr Among the legal issues presented by the coronavirus outbreak is the extent to which insurance policies may provide relief for virus-related losses. Proactive businesses are reviewing the specific risks they face and looking for ways to manage those risks through their existing policies and additional coverage available in the insurance… Continue reading Insurance Coverage Questions Abound Amidst COVID-19 Outbreak
Policy Language Expressly Prohibits Replacement of Undamaged Material to Match Damaged Material
Tred R. Eyerly | Insurance Law Hawaii Construing an all-risk Businessowners Policy, the court found that the policy language did not required replacement of undamaged material match materials that were damaged. Pleasure Creek Townhomes Homeowners’ Ass’n v. Am. Family Ins. Co., 2019 Minn. App. Unpub. LEXIS 1095 (Minn. Ct. App. Nov. 25, 2019). … Continue reading Policy Language Expressly Prohibits Replacement of Undamaged Material to Match Damaged Material
No Duty to Defend If No Fortuity and No Occurrence
Larry P. Schiffer | Insurance and Reinsurance Disputes Blog So after just blogging about how tough it is to avoid the duty to defend, the Seventh Circuit issues an opinion concluding that where the underlying allegations lack fortuity and there is no occurrence, there is no obligation for the insurance company to defend. In Lexington Insurance… Continue reading No Duty to Defend If No Fortuity and No Occurrence