Chelsea A. Saferian | Plunkett Cooney Admiral Ins. Co. v. Tocci Bldg. Corp.No. 22-1462, 2024 WL 4716375 (1st Cir. Nov. 8, 2024) The U.S. Court of Appeals for the First Circuit held that the defendant insureds were not owed coverage for underlying litigation that alleged defective work caused by a subcontractor. Admiral Insurance Company (Admiral) brought… Continue reading Damage to Property Coverage Update
Category: Property Damage
First Circuit Finds No Coverage For Subcontracted Faulty Work
Eric Hermanson and Austin Moody | White and Williams After almost two years’ deliberation, the First Circuit last week issued its long-awaited decision in Admiral Ins. Co. v. Tocci Bldg. Corp.[1]: affirming on other grounds, and leaving in place a district court decision that found subcontracted faulty work was not an “occurrence” and did not lead… Continue reading First Circuit Finds No Coverage For Subcontracted Faulty Work
Policy Limits Vs. Property Damage: Lessons From Hurricane Ian
Jean-Paul Rudd | Adams & Adams Disputes often arise between insurers and policyholders regarding the value of insured property. Some of these disputes are resolved with little difficulty, as the value can be relatively easily established. For example, in cases where a storm causes partial damage to a home and its contents, the insured property… Continue reading Policy Limits Vs. Property Damage: Lessons From Hurricane Ian
Ensuing Loss Provision Salvages Coverage for Water Damage Claim
Tred R. Eyerly | Insurance Law Hawaii The Court of Appeals for the D.C. Circuit reversed the district court’s finding of no coverage and found that the ensuing loss provision provided coverage for water damage. 3524 East Cap Venture, LLC, et al. v. Weschester Fire Ins. Co., et al., 104 F. 4th 193 (D.C.… Continue reading Ensuing Loss Provision Salvages Coverage for Water Damage Claim
Federal District Court Addresses Material Misrepresentation in First Party Property Damage Claim
James M. Eastham | Traub Lieberman In Pittsfield Dev. LLC v. Travelers Indem. Co., 2024 U.S. Dist. LEXIS 117530 (N.D. Ill. July 3, 2024), the United States District Court for the Northern District of Illinois addressed an alleged material misrepresentation by an insured during the course of the adjustment of a water loss claim at… Continue reading Federal District Court Addresses Material Misrepresentation in First Party Property Damage Claim