Hannah Albion, Richard Morehouse and Jon Pinney | Kohrman Jackson & Krantz Unexpected inflation and increasing replacement costs could combine to present an unpleasant surprise to your expectations for property insurance coverage in a time of need. Many tend to think of real estate properties as stable fixed assets, well-positioned against many risks. However, for improved properties… Continue reading Insurance Limits, Inflation, and Skyrocketing Replacement Costs
Category: Insurance
Seventh Circuit Takes Broad View Of Relatedness Under D&O ‘Claims Made’ Policies
Kian Hudson, Kevin B. Dreher and Kathryn Lee Wilhoit | Barnes & Thornburg Highlights Federal appeals court holds a complaint that originally has one declaratory-relief claim against one company and is amended to add damages claims against additional companies and directors constitutes a single claim for the purposes of a “claims made” D&O policy The… Continue reading Seventh Circuit Takes Broad View Of Relatedness Under D&O ‘Claims Made’ Policies
Insurer Litigation Guidelines: The Unholy Grail of Defense Cost Coverage
Lynda A. Bennett and Eric Jesse | Lowenstein Sandler READ THE TRANSCRIPT Lynda Bennett: Welcome back to Don’t Take No For An Answer. I’m your host, Lynda Bennett, chair of the Insurance Recovery Practice at Lowenstein Sandler. And it’s old home week. I’ve invited my partner, Eric Jesse, back today. Welcome back, Eric. Eric Jesse: Thank you… Continue reading Insurer Litigation Guidelines: The Unholy Grail of Defense Cost Coverage
The Made Whole Doctrine is Alive and Well in Virginia
Scott Hefner | Butler Weihmuller Katz While the Virginia Supreme Court has never addressed the made whole doctrine by name, a recent federal district court opinion has declared the made whole doctrine “is alive and well in the Commonwealth.” Sustainable Sea Products International, LLC, et al. v. American Empire Surplus Lines Ins. Co., et al.… Continue reading The Made Whole Doctrine is Alive and Well in Virginia
Part of the Whole: Idaho District Court Holds Economic Loss Rule Bars Tort Claims Related to Water Supply Line that was Part of Home Purchase
Gus Sara | The Subrogation Strategist In Safeco Ins. Co. of Ill. v. LSP Prods. Grp., 2022 U.S. Dist. LEXIS 139566, the United States District Court for the District of Idaho (District Court) considered whether the plaintiff’s tort claims against the manufacturer of an allegedly defective toilet water supply line were barred by the economic loss… Continue reading Part of the Whole: Idaho District Court Holds Economic Loss Rule Bars Tort Claims Related to Water Supply Line that was Part of Home Purchase