Jason R. Potter | Claims Magazine | June 2019 Commercial General Liability (CGL) policies, like all insurance products, are intended to protect the insured from unexpected claims or suits by third parties. A CGL policy covers bodily injury, property, personal and advertising liability, products and completed operations and fire liability unless they are excluded by… Continue reading When is a Mistake an ‘Accident’?
Category: Insurance Coverage
When an Insurer Proceeds as Subrogee, Defendants Cannot Assert Contribution Claims Against the Insured
Shannon M. Warren | The Subrogation Strategist | May 14, 2019 In Farmers Mut. Ins. Co. of Mason County v. Stove Builder Int’l, 2019 U.S. Dist. Lexis 46993 (E.D. Ky.), the United States District Court for the Northern Division of the Eastern District of Kentucky, by adopting a Magistrate Judge’s report and recommendations, see Farmers Mut. Ins.… Continue reading When an Insurer Proceeds as Subrogee, Defendants Cannot Assert Contribution Claims Against the Insured
Release of “Unknown” Claim Does Not Bar Release of “Unaccrued” Claim: Fair or Unfair?
David Adelstein | Florida Construction Legal Updates | May 27, 2019 A general release of “unknown” claims through the effective date of the release does NOT bar “unaccrued” claims. This is especially important when it comes to fraud claims where the facts giving rise to the fraud may have occurred prior to the effective date in… Continue reading Release of “Unknown” Claim Does Not Bar Release of “Unaccrued” Claim: Fair or Unfair?
Faulty Excavation Support Not Covered By Contractor Controlled Insurance Plan
Larry P. Schiffer | Squire Patton Boggs | July 11, 2019 Construction projects are often subject to myriad claims. Subcontractors can cause damage to third-parties and their property, the project can be delayed by municipal inspections or citations, workers can get injured, and property can be damaged by fire, collapse or weather. To organize construction… Continue reading Faulty Excavation Support Not Covered By Contractor Controlled Insurance Plan
Insured Lacked Standing to Sue After Sale of Property
Jason Cleri | Property Insurance Coverage Law Blog | June 13, 2019 Assignment of Benefits (AOB) is certainly a hot button issue in the insurance industry. AOB occurs when an insured assigns its rights to insurance proceeds to a third-party that is not technically an insured under the insurance policy. This usually comes in the… Continue reading Insured Lacked Standing to Sue After Sale of Property