Peter Crofton, Samuel Richards and Gregory Smith | Smith Grambrell Russell As Hurricane Helene makes landfall in the Southeastern United States, contractors will be halting work on projects throughout the region while awaiting the passage of the severe weather event. When the rain and wind subside, disputes may arise on construction projects due to the… Continue reading Managing Construction Disputes and Contracts in the Aftermath of Severe Weather
Category: Insurance
Homeowner Survives Motion to Dismiss Depreciation Claims
Tred R. Eyerly | Insurance Law Hawaii The insurer’s motion to dismiss claims for improper claims handling when considering implementation of depreciation was denied. Morrison v. Indian Harbor Ins. Co, et al., 2024 U.S. Dist. LEXIS 115664 (S. D. W. Va. July 1, 2024). Plaintiff’s home suffered flood damage. The house was… Continue reading Homeowner Survives Motion to Dismiss Depreciation Claims
Artificial Intelligence Risk: Why Risk Professionals Should Consider Indemnification As A Gap-Filler
Michael S. Levine and Alex D. Pappas | Hunton Andrews Kurth As artificial intelligence (AI) continues to revolutionize the business landscape, its associated risks are becoming more complex, widespread, and consequential. While the insurance industry determines the precise circumstances in which insurance may cover these risks, businesses should consider the complementary benefits of indemnification agreements… Continue reading Artificial Intelligence Risk: Why Risk Professionals Should Consider Indemnification As A Gap-Filler
COVID-19 Business Interruption Claims Four Years Later: What Have We Learned?
Patrick McKnight | The Dispute Resolver Four and half years ago the COVID-19 pandemic spread around the globe, bringing with it interesting, but challenging, legal problems for construction attorneys. Construction projects ground to a halt. Ever-changing guidance from authorities ranging from the U.S. Department of Labor to local health authorities resulted in a web of evolving obligations… Continue reading COVID-19 Business Interruption Claims Four Years Later: What Have We Learned?
Court Says Loose Bolt Remedied by Tightening Does not Constitute “Direct Physical Loss of or Damage” to Property
Joshua Tumen | Property Insurance Law Observer In AMAG Pharmaceuticals, Inc. v. American Guarantee and Liability Insurance Company, the United States District Court for the District of Massachusetts held that a loose bolt or fitting that could be remedied simply by tightening it did not constitute “direct physical loss of or damage” to equipment covered under… Continue reading Court Says Loose Bolt Remedied by Tightening Does not Constitute “Direct Physical Loss of or Damage” to Property