Erin Jordan | Claims Journal Insurance adjusters who descended on Cedar Rapids after the Aug. 10 derecho storm are using drones to check roofs and asking homeowners with less severe damage to take their own photos. Some of this is due to the COVID-19 pandemic, which has reduced the number of experienced adjusters willing to… Continue reading Drones Help Insurance Companies Check Damage in Cedar Rapids
Category: Insurance
Florida Appellate Court Holds Anti-Concurrent Cause Provision in Exclusion Excludes Entire Loss When a Covered Cause Occurs Concurrently With an Excluded Cause
Derek R. Lenzen | Phelps Dunbar A Florida appellate court held that where water damaged property through walls and windows (an excluded cause) and also through a door (a covered cause), the all-risk policy’s anti-concurrent cause provision controls, and coverage for the entire loss is excluded. Security First Ins. Co. v. Czelusniak, 45 Fla. L.… Continue reading Florida Appellate Court Holds Anti-Concurrent Cause Provision in Exclusion Excludes Entire Loss When a Covered Cause Occurs Concurrently With an Excluded Cause
Court of Appeal Puts the “Equity” in Equitable Subrogation
Garret Murai | California Construction Law Blog Subrogation as a concept is well understood in insurance circles. According to the Institute of Risk Management Institute’s glossary of insurance terms subrogation is “the assignment to an insurer by the terms of [a] policy or by law, after payment of a loss, of the rights fo the… Continue reading Court of Appeal Puts the “Equity” in Equitable Subrogation
Construction Calamity: Risk Transfer Tips for Contractors After a Catastrophic Loss
William S. Bennett | Saxe Doernberger & Vita From structural collapses to fires, the construction industry has experienced a number of high-profile catastrophes over the past decade. These disasters test the mettle of even the most experienced risk professionals and the strongest insurance programs. Issues can arise in all facets of the company’s contracts and… Continue reading Construction Calamity: Risk Transfer Tips for Contractors After a Catastrophic Loss
Sinking Floor Does Not Meet Strict Definition of Collapse
Tred R. Eyerly | Insurance Law Hawaii The court determined that the sinking of the insured’s floor caused by termites and rot deterioration did not meet the homeowners policy’s definition of collapse. Stewart v. Metro. Lloyds Ins. Co., 2020 U.S. Dist. LEXIS 111527 (S.D. Tex. June 24, 2020). Beatrice Stewart, the homeowner,… Continue reading Sinking Floor Does Not Meet Strict Definition of Collapse