Kelly Smith | Snell & Wilmer Insurance policies generally have different policy limits depending on the number of “occurrences.” For example, the amount of money recoverable under an insurance policy may be $5 million per occurrence with a $20 million aggregate limit. Therefore, when determining policy limits, deductible liability or considering settlement in a construction… Continue reading Number of “Occurrences” for Determining Policy Limits in California Construction Defect Cases
Category: Insurance
Protect Your Construction Project: Top 10 Insurance Provisions to Know
Jonathan Cass | Cohen Seglias Pallas Greenhall & Furman Construction projects are dangerous places—people get hurt and property gets damaged. Whether you are a general contractor, a construction manager, or a subcontractor, it is imperative that you understand the importance of insurance requirements and what they actually mean. Construction contracts often include poorly written insurance… Continue reading Protect Your Construction Project: Top 10 Insurance Provisions to Know
In Review: the Legal Framework for Insurance Disputes in USA
Summer Craig and Susannah S. Geltman | Simpson Thacher All questions The legal framework i Sources of insurance law and regulation The regulation of insurance in the US is primarily performed by the states. In 1945, the US Congress passed the McCarran-Ferguson Act, which provides that ‘No Act of Congress shall be construed to invalidate,… Continue reading In Review: the Legal Framework for Insurance Disputes in USA
Florida Supreme Court: Insurers can Sue Attorneys for Malpractice Under Subrogation Provision
Victor Sanabria and Francis Sheppard | Rumberger Kirk The Florida Supreme Court has given the proverbial “green light” for insurance companies to sue attorneys for negligent representation of an insured. Historically, to bring an action against an attorney for legal malpractice in Florida, the party making the claim was generally required to allege and prove… Continue reading Florida Supreme Court: Insurers can Sue Attorneys for Malpractice Under Subrogation Provision
How Forum-Selection and Choice-of-Law Provisions in Insurance Policies Can Affect Coverage
Jeffrey Mikoni and Matthew Putorti | Policyholder Pulse Location matters. Some states are more protective of policyholder or consumer interests than others. And so, where the case is ultimately litigated, and what law applies, can have profound implications for a policyholder’s recovery. In an effort to secure the application of a body of jurisprudence they… Continue reading How Forum-Selection and Choice-of-Law Provisions in Insurance Policies Can Affect Coverage