Tred R. Eyerly | Insurance Law Hawaii The Florida Court of Appeal overturned the jury’s verdict findng loss caused by collapse. Universal Prop. & Cas. Ins. Co. v. Caboverde, 2023 Fla. App. LEXIS 4474 (Fla. Ct. App. June 28, 2023). The insured homeowners had two claims. One was a 2016 ceiling collapse;… Continue reading Jury’s Verdict for Loss Caused by Collapse Overturned
Category: Insurance Coverage
The Impact of Conflict of Law on Insurance Claims
John Koch | Flaster Greenberg When determining whether insurance coverage exists for a claim, a crucial consideration is whether the claim involves an event or occurrence that took place in a state other than where the relevant policy was delivered. This is often the case for large companies with national operations or markets. When this… Continue reading The Impact of Conflict of Law on Insurance Claims
Eleventh Circuit Affirms Jury Verdict on Covered Property Loss
Tred R. Eyerly | Insurance Law Hawaii The Eleventh Circuit affirmed the district court’s denial of a motion for a new trial after the jury determined the insurer owed policy benefits for hurricane damage to the insured’s property. AM Grand Court Lakes LLC v. Rockhill Ins. Co., 2023 U.S. App. 13902 (11th Cir. June… Continue reading Eleventh Circuit Affirms Jury Verdict on Covered Property Loss
First Circuit Holds No Coverage Where Insured Failed to Provide Timely Notice of Claim
Emily Hart | Wiley Rein The United States Court of Appeals for the First Circuit, applying Massachusetts law, held that no coverage was available for a lawsuit because the insured failed to provide timely notice to the insurer. Nahant Preservation Trust, Inc. v. Mount Vernon Fire Ins. Co., 2023 WL 5266290 (1st Cir. Aug. 16, 2023).… Continue reading First Circuit Holds No Coverage Where Insured Failed to Provide Timely Notice of Claim
Nevada Legislature Burns Insurers’ Rights to Offer Eroding Limits
William S. Bennett | SDV Insights Nevada’s legislature recently passed a groundbreaking law imposing two prohibitions on insurers. First, the law prohibits insurers from issuing or renewing any liability insurance policy with an “eroding limits” provision. While the first section of the law will have the most immediate effects, the statute goes further, generally prohibiting… Continue reading Nevada Legislature Burns Insurers’ Rights to Offer Eroding Limits