Mary Beth Forshaw | Simpson Thacher Standard commercial general liability policies Bodily injury What constitutes bodily injury under a standard CGL policy? CGL policies generally provide coverage for bodily injury or property damage sustained by third parties (rather than the policyholder) as a result of an occurrence. Insurance coverage litigation frequently centres on whether the… Continue reading In Brief: Commercial General Liability Policies in USA
Category: Property Damage
Does a CGL Policy’s “Business Description” or “Class Code” Limit Coverage?
Farrell Miller | Cozen O’Connor One way a CGL insurer can narrow otherwise broad bodily injury and property damage coverage is by activity. Activities that face similar risk can be grouped using an activity classification code, which can be incorporated into the policy through a class limitation endorsement. For instance, a policy issued to an… Continue reading Does a CGL Policy’s “Business Description” or “Class Code” Limit Coverage?
Plaintiffs’ Bar Hits A Wall When It Comes to “Access” Damages
Jorge Cruz-Bustillo | Chartwell Law In Florida, for years, the plaintiffs’ bar has been filing first-party property law suits for ensuing water damages caused by the failure of cast-iron pipes. In those cases, in which there is no evidence of interior water damages, the plaintiffs’ bar has been claiming repair costs associated with “access” (i.e., tear… Continue reading Plaintiffs’ Bar Hits A Wall When It Comes to “Access” Damages
Federal District Court Finds Coverage Barred Because of Lack of Allegations of Damage During the Policy Period and Because of Late Notice
Robert Dennison | Traub Lieberman In American Bankers Ins. Co. of Florida v. National Fire Ins. Co. of Hartford, 2020 WL 5630017 (Sept. 21, 2020), the Northern District of California of the United States District Court had occasion to consider whether allegations in an underlying complaint triggered a duty to defend and a late notice defense to… Continue reading Federal District Court Finds Coverage Barred Because of Lack of Allegations of Damage During the Policy Period and Because of Late Notice
Water Damage: Construction’s Often Unnoticed Threat
Yaron Dycian | Construction Executive Fire damage to commercial buildings might get headlines, but water damage, whether to projects under construction or completed buildings, delivers massive financial blows to owners, developers and contractors. The impact is massive, reaching many billions of dollars per year. One water leak on the 19th floor at a construction site… Continue reading Water Damage: Construction’s Often Unnoticed Threat