Christian Brito, Fred E. Karlinsky and Timothy F. Stanfield | Greenberg Traurig State-run Insurer Could See Fewer Policies, But No Rate Relief Likely for Homeowners – Provisions in the massive overhaul of the state’s insurance law passed in late December are designed to help Citizens Property Insurance shed policies in the coming months. The policy count… Continue reading 5 Trends to Watch in 2023: Florida Property Insurance
Category: Insurance
Defense Owed to Insured Subcontractor, but not to Additional Insured
Tred R. Eyerly | Insurance Law Hawaii Affirming the district court, the Eleventh Circuit agreed that the insured subcontractor was entitled to a defense against claims of faulty workmanship, but no defense was owed to the additional insured subcontractor. Cincinnati Spec. Underwriters Ins. Co. v. KNS Group, LLC, 2022 U.S. App. LEXIS 27949 (11th… Continue reading Defense Owed to Insured Subcontractor, but not to Additional Insured
An Uncompromising Insurer: What is a Policyholder to Do?
Eric Jesse | Lowenstein Sandler Eric Jesse addresses the unfortunately common experience during mediation of when an insurer balks at settlement resolutions: should a policyholder walk away, “pay and chase,” offer the right to receive insurance proceeds, or stand its ground? Speakers: Eric Jesse, Partner, Insurance Recovery READ THE TRANSCRIPT Eric Jesse: Hi, I’m Eric Jesse, partner… Continue reading An Uncompromising Insurer: What is a Policyholder to Do?
‘Wrongful Acts’ Includes Both Negligent and Intentional Acts
Ysabelle Reyes | Wiley Rein The United States District Court for the Northern District of Illinois, applying Illinois law, has held that an insurer had a duty to defend an insured condominium association and its board members against an underlying lawsuit because the association’s board members allegedly committed “Wrongful Acts” under the directors and officers… Continue reading ‘Wrongful Acts’ Includes Both Negligent and Intentional Acts
Avoiding Common Pitfalls And Preserving Defenses In The Event Of Application Misrepresentation
Mary Alice Jasperse | Drew Eckl & Farnham When faced with evidence that an insured misrepresented material facts on an application for insurance, the stakes are high: taking the position that a policy is void ab initio and provides no coverage for a loss usually results in litigation. Insurance carriers are wise to ensure that the case… Continue reading Avoiding Common Pitfalls And Preserving Defenses In The Event Of Application Misrepresentation