Lynda A. Bennett and Alexander B. Corson | Lowenstein Sandler Earlier this month, the New Jersey Appellate Division issued an unpublished opinion reminding policyholders of the first rule of insurance: Words matter. In Rivera v. Starstone Specialty Ins. Co.,1 the court was asked to address a common fact pattern, in which a follow-form excess insurer sought to… Continue reading Do The Sublimits In Your Insurance Policies Expand Or Reduce Coverage?
Category: Insurance
Construction Defects Coverage Update
Shantinique Brooks | Plunkett Cooney Construction Defects – Eleventh Circuit (Florida Law) Southern-Owners Ins. Co. v. MAC Contractors of Florida, LLCNo. 23-11366, 2024 WL 1573685 (11th Cir. Apr. 11, 2024) The U.S. Court of Appeals for the Eleventh Circuit determined that an insurer had a duty to defend its insured on the basis that, at… Continue reading Construction Defects Coverage Update
Balancing Risk and Reward: the Complexities of Stadium Construction Projects
Gregory A. Eichorn | Peckar & Abramson From grand designs to opening day, stadium construction projects present a captivating blend of high-profile opportunities and significant challenges and risks. Navigating this complex landscape is not easy, but when managed properly, the potential rewards, both in terms of reputation and finances, can make it a gamble worth… Continue reading Balancing Risk and Reward: the Complexities of Stadium Construction Projects
Is Premises Liability The Same As Negligence?
Taylor Rodney Marks | Ward and Smith In today’s world, we travel all the time. We shop at grocery stores and department stores, we take walks on the sidewalks in our neighborhoods, and we go to large events, such as concerts or weddings, at various venues. But what happens when a condition on someone else’s… Continue reading Is Premises Liability The Same As Negligence?
Risk Awareness and Mitigation in Disaster Recovery: During a Catastrophe
Jon Critelli, Randall Coxworth, Paul Ryan and Christian Gordon | StoneTurn In 2022, the United States experienced 18 separate weather and climate disasters costing at least one billion dollars according to NOAA. In 2023, that number rose to 28 separate billion dollar weather events. The frequency and large geographical areas that these catastrophes are impacting means owners… Continue reading Risk Awareness and Mitigation in Disaster Recovery: During a Catastrophe