Robert Trautmann | Property Insurance Coverage Law Blog | May 13, 2015 Floods do all sorts of damage. One aspect of damage often overlooked is when the flood removes property from one property owner’s land and deposits it on another’s land. Depending on where your property is located and the severity of the flood event, the… Continue reading Under Flood Policy, Land is Not Considered Insured Property
New Jersey Court Applies Continuous Trigger Theory and Finds That No Coverage Is Available Because Damage Manifested Prior to Inception of Policy
Bio-Concrete – Concrete that can “Heal” Cracks
Roy Shelley | Rogers Townsend | May 15, 2015 The construction industry is nothing if not innovative. Dutch researchers have found a way to mix bacteria into concrete in order to repair cracks. The bacteria remain dormant until water (entering through a crack) dissolve a plastic encapsulation, whereupon the bacteria grow and consume a calcium… Continue reading Bio-Concrete – Concrete that can “Heal” Cracks
Calculating Actual Cash Value, Part 8: Arizona
Shane S. Smith | Merlin Law Group, PA | May 17, 2015 At a reader’s request, this week I will discuss calculating actual cash value of a claim in Arizona. The Arizona Department of Insurance provides a definition of actual cash value:1 “Actual Cash Value usually means the sum of money required at the time… Continue reading Calculating Actual Cash Value, Part 8: Arizona
Calculating Actual Cash Value, Part 7: Kentucky
Shane Smith | Property Insurance Coverage Law Blog | May 12, 2015 You may have been following some of my prior blogs on Calculating Actual Cash Value. So far, I have covered: Florida, California, Louisiana, Texas, New Jersey and New York, and Michigan. This week, I will address Kentucky. To recap, actual cash value (ACV)… Continue reading Calculating Actual Cash Value, Part 7: Kentucky