Scott Seaman and Judith Selby | Hinshaw & Culbertson Since our prior post from last week, additional COVID-19 coverage lawsuits have been filed throughout the United States, and themes and insights concerning theories of coverage continue to emerge. At least four new coverage actions have now been commenced in Indiana, Florida, Texas, and Illinois. The Indiana and Florida suits were filed… Continue reading Additional Insights for Insurers From New COVID-19 Coverage Suits
Category: Insurance
And Yet One More Thing to Add to Your List of “Uncertainties”
Garret Murai | California Construction Law Blog We’re at war. One fought from the confines of our homes. As we enter into week four of California’s “shelter in place” order, and with experts saying that we may not be able to loosen (let alone, withdraw) restrictions until May at the earliest, many are thinking about… Continue reading And Yet One More Thing to Add to Your List of “Uncertainties”
Virus Exclusion? – Don’t Abandon Hope for Coverage Just Yet
David G. Jordan | Saxe Doernberger & Vita Companies across all industries have been deeply impacted by the social-distancing protocols and economic slowdown caused by the COVID-19 pandemic. Naturally, competent business owners have looked to their commercial business and property insurance programs to determine what coverage, if any, they may have to offset the financial… Continue reading Virus Exclusion? – Don’t Abandon Hope for Coverage Just Yet
Project Delayed? Avoid Sending Generic Claim Letters In Times Like These
Ronald Williams | Fox Rothschild Does it make sense, strategically, to send out a form letter now making a claim for more time and more money as a contractor? As a result of government shutdowns across many states, some contractors have resorted to sending out aggressive letters asserting claims for more time and money. Frequently, these letters… Continue reading Project Delayed? Avoid Sending Generic Claim Letters In Times Like These
COVID-19 Impacts on Subcontractor Default Insurance and Ripple Effects
Daniel McLennon | Smith Currie & Hancock Subcontractor default insurance (“SDI”) may be described as an alternative to bonding subcontractors. SDI is first-party insurance that compensates the general contractor insured in the event a covered subcontractor fails to fulfill its contractual obligations. Under SDI policies, general contractor insureds are obligated to develop and implement rigorous… Continue reading COVID-19 Impacts on Subcontractor Default Insurance and Ripple Effects