Insurer Not Responsible for Insured’s Assignment of Policy Benefits

Tred R. Eyerly | Insurance Law Hawaii     The Florida Court of Appeals affirmed the lower court’s granting summary judgment to the insurer after failing to abide by an assignment to which it was not a party. Expert Inspections, LLC v. United Property & Cas. Ins. Co., 2022 Fla. App. LEXIS 88 (Fla. Ct. App.… Continue reading Insurer Not Responsible for Insured’s Assignment of Policy Benefits

Wake-Up Call: Understanding Commercial Fire Insurance Coverage In The Wake Of The Colorado Wildfire

Marshall Gilinsky and Carrie Maylor DiCanio | Anderson Kill Key Points: The wildfire that struck Boulder County, Colo., on December 30 was the most destructive in the state’s history In an era of intensifying natural disasters, businesses need to be aware of all their coverages and be prepared to maximize recovery Coverages to consider besides… Continue reading Wake-Up Call: Understanding Commercial Fire Insurance Coverage In The Wake Of The Colorado Wildfire

Owners as Additional Insured in Construction Contracts

Anastas Shkurti | Robbins DiMonte Ltd An owner who embarks on a construction project should always request additional insured status on the general contractor’s and subcontractors’ commercial general liability (CGL) policies. It is not enough for the owner to verify that the contractor is licensed and has insurance. As an additional insured (or AI), the… Continue reading Owners as Additional Insured in Construction Contracts

Nevada Supreme Court Holds That Insureds Can Use Extrinsic Evidence to Prove Duty to Defend

Bethany L. Barrese | Saxe Doernberger & Vita The recent Nevada Supreme Court ruling in Zurich American Insurance Company v. Ironshore Specialty Insurance Company benefits insureds seeking to establish an insurer’s duty to defend. As a matter of first impression, the court clarified that insureds have the burden to prove that an exception to a policy exclusion… Continue reading Nevada Supreme Court Holds That Insureds Can Use Extrinsic Evidence to Prove Duty to Defend

New Policy Forms May Call For Umpire and Appraiser Credentials

Advise & Consult, Inc. It seems that some new property insurance policy forms may require additional criteria for determining the qualifications of appraisers and umpires. Here are some details from State Farm’s new California property insurance policy: f. To qualify as an appraiser or umpire for a loss to property described in COVERAGE A –… Continue reading New Policy Forms May Call For Umpire and Appraiser Credentials