Chip Merlin | Property Insurance Coverage Law Blog | May 20, 2019 The Colorado Department of Insurance will not be repealing its longstanding bulletin requiring that contractor overhead and profit be a part of a calculation to determine actual cash value at tomorrow’s stakeholder meeting in Denver. This is fantastic news for all Policyholders and the correct decision by… Continue reading Colorado Not Replacing Contractor Overhead and Profit Bulletin
Category: Insurance Coverage
Eleventh Circuit Rules That Insurer Must Defend Contractor Despite “Your Work” Exclusion, Where Damage Timing Unclear
Michael S. Levine and David M. Costello | Hunton Andrews Kurth | April 16, 2019 The Eleventh Circuit has reversed an insurer’s award of summary judgment after finding that uncertainty about when the alleged property damage occurred raised questions about whether the damage came within the scope of the “Your Work” exclusion. More specifically, the court found… Continue reading Eleventh Circuit Rules That Insurer Must Defend Contractor Despite “Your Work” Exclusion, Where Damage Timing Unclear
Contractor’s Third Party Beneficiary Claim Dismissed Against Designer Where Designer’s Contract with Owner Lacked Clear Intent to Benefit the Contractor
Luke Eaton | Constructlaw | May 14, 2019 In November 2009, Tropical Storm Ida hit El Salvador, causing flooding, landslides, and the destruction of homes, roads, bridges, schools, health clinics, and other infrastructure. The United States Agency for International Development (“USAID”) provided $25 million in funding to rebuild damaged infrastructure. USAID retained Defendant CDM International… Continue reading Contractor’s Third Party Beneficiary Claim Dismissed Against Designer Where Designer’s Contract with Owner Lacked Clear Intent to Benefit the Contractor
Subrogation, Insurance Code Section 11580, and the Craziness We Call Insurance Law
Garret Murai | California Construction Law Blog | May 9, 2019 If you want to geek out on insurance law the next case is for you. The Insurance Company of the State of Pennsylvania v. American Safety Indemnity Company, 2nd District Court of Appeals, Case No. B283684 (March 1, 2019), is an interesting case involving Insurance… Continue reading Subrogation, Insurance Code Section 11580, and the Craziness We Call Insurance Law
A Good-Faith Attempt to Limit Unwarranted Bad-Faith Liability in Georgia
Bryan Lutz, Tiffany Powers, and Kyle Wallace | Alston & Bird | March 21, 2019 A victory for insurers in Georgia’s Supreme Court clarifies state law on liability for failing to settle a claim. Our Insurance Litigation & Regulatory Team offers three key holdings that will limit an insurer’s potential exposure. The injured party must… Continue reading A Good-Faith Attempt to Limit Unwarranted Bad-Faith Liability in Georgia