Richard P. Dyer – July 17, 2012 A trial court in New York recently was faced with questions concerning the amount of damages a contracting party, Citibank, was entitled to because of the failure of its contractor to procure insurance. (See Spector v. Cushman & Wakefield, 2012 N.Y. Misc. LEXIS 2794; 2012 NY Slip Op… Continue reading Court holds a $500,000 SIR Fails to Comply with Insurance Requirements
Category: Insurance Estimates
High Park Fire Destroys $38.5M Worth of Homes; Insurance Losses Total $97M
The High Park Fire destroyed more than $38.5 million worth of homes when it tore through the canyons and valleys northwest of Fort Collins last month, and caused twice that in total damage, according to new estimates. The fire destroyed 259 homes and cabins — another cabin was destroyed by a mudslide last week —… Continue reading High Park Fire Destroys $38.5M Worth of Homes; Insurance Losses Total $97M