Iris Kuhn | Property Insurance Coverage Law Blog | May 31, 2019 Business Interruption coverage protects the potential earnings of the insured business while its operations are suspended as a result of damage caused by a covered peril. The period of restoration has a direct effect on the actual loss suffered. A typical definition in… Continue reading Can My Business Recover Additional Income Loss If Code Upgrades Are Delaying the Time to Complete Repairs?
Category: Property Damage
Property Damage to Insured’s Own Work is Not Covered
Tred R. Eyerly | Insurance Law Hawaii | April 22, 2019 The Michigan Court of Appeals found there was no coverage for a lawsuit filed against the insureds for faulty workmanship. Skanska United States Bldg. v M.A.P. Mech. Contrs., 2019 Mich App. LEXIS 529 (Mich. Ct. App. March 19, 2019). Contractor Skanska… Continue reading Property Damage to Insured’s Own Work is Not Covered
Subcontractor Entitled to Defense for Defective Work Causing Property Damage Beyond Its Scope of Work
Tred R. Eyerly | Insurance Law Hawaii | May 1, 2019 The Illinois Court of Appeals found the subcontractor was owed a defense for alleged property damage caused by its faulty workmanship, but outside its scope of work. Acuity Ins. Co. v. 950 W. Huron Condo. Ass’n, 2019 Ill. App. LEXIS 208 (Ill. Ct.… Continue reading Subcontractor Entitled to Defense for Defective Work Causing Property Damage Beyond Its Scope of Work
“Rip-and-Tear Damages” In Construction: A Roadmap For Coverage Where None Existed?
Ashley Veitenheimer | Kane Russell Coleman Logan | May 22, 2019 The insuring agreement in most commercial general liability policies states that the carrier “will pay those sums that the insured becomes legally obligated to pay as damages because of…’property damage’ to which this insurance applies.” In addition, most policies exclude coverage for the defective work… Continue reading “Rip-and-Tear Damages” In Construction: A Roadmap For Coverage Where None Existed?
Fire Consultants Cannot Base Opinions on Speculation
Christopher Konzelmann | The Subrogation Strategist | April 3, 2019 Larsen v. 401 Main St. Inc., 302 Neb. 454 (2019), involved a fire originating in the basement of the Quart House Pub (Pub) in Plattsmouth, Nebraska that spread to and damaged Plattsmouth Chiropractic Center, Inc., a neighboring business. Fire investigators could not enter the building… Continue reading Fire Consultants Cannot Base Opinions on Speculation