R. Thomas Dunn and Sheya Rivard | Pierce Atwood Additional Insured’s Action Against Insurer Dismissed for Lack of Personal Jurisdiction The takeaway of this article is for you to consider updating your clients’ insurance requirements to require a specific additional insured endorsement. This endorsement requires a lower-tier contractor/policyholder to identify your client’s company by name in the… Continue reading Should You Require a Specific Endorsement Naming Your Client as an Additional Insured?
Category: Insurance
Nevada Businesses Brace for Ban on ‘Eroding Limits’ Liability Policies
Jim Sams | Claims Journal A new Nevada law that takes effect Oct. 1 prohibits liability insurance policies with “eroding limits,” potentially increasing the cost of premiums and reducing availability, insurance experts say. Such policies, also called “wasting,” “burning” or “defense within the limits” policies, include the cost of defending lawsuits as part of the… Continue reading Nevada Businesses Brace for Ban on ‘Eroding Limits’ Liability Policies
Construction Litigation Roundup: “Life’s a Beach!”
Daniel Lund III | Phelps Dunbar A federal court sitting in the United States Virgin Islands, in the process of partially granting a request for reconsideration asserted by a surety, reaffirmed aspects of the challenged ruling concerning the ability of a claimant to seek “consequential damages” from a performance bond surety – potentially beyond the… Continue reading Construction Litigation Roundup: “Life’s a Beach!”
Jury’s Verdict for Loss Caused by Collapse Overturned
Tred R. Eyerly | Insurance Law Hawaii The Florida Court of Appeal overturned the jury’s verdict findng loss caused by collapse. Universal Prop. & Cas. Ins. Co. v. Caboverde, 2023 Fla. App. LEXIS 4474 (Fla. Ct. App. June 28, 2023). The insured homeowners had two claims. One was a 2016 ceiling collapse;… Continue reading Jury’s Verdict for Loss Caused by Collapse Overturned
Construction Litigation Roundup: “Builder’s Risk Indeed”
Daniel Lund III | Phelps Dunbar A contractor for a hotel in Seattle was tasked with constructing the hotel utilizing premanufactured modular hotel rooms. The modular unit portion of the project was the subject of a $15.8 million subcontract between the general contractor and the manufacturer. The manufacturer was also responsible to the GC for… Continue reading Construction Litigation Roundup: “Builder’s Risk Indeed”