( VRSK ) Xactware Simplifies Flood Estimating with Latest Version of Xactimate

Wall Street Journal – April 1, 2014 Xactware has just released an update for Xactimate(R) that makes it significantly easier to estimate flood losses in the United States. Xactware is a member of the Verisk Insurance Solutions group at Verisk Analytics. The new Xactimate features simplify many steps in the unique process of estimating flood… Continue reading ( VRSK ) Xactware Simplifies Flood Estimating with Latest Version of Xactimate

Alabama Supreme Court Withdraws and Re-Issues Decision to Find “Occurrence” for Construction Defect Claim

Clifford J. Shapiro – April 1, 2014 Last September, the Alabama Supreme Court issued a decision that denied insurance coverage to a homebuilder on the ground that there can be no “occurrence” where construction defect claims do not allege property damage to something other than the home the policyholder built. Owners Insurance Co. v. Jim Carr… Continue reading Alabama Supreme Court Withdraws and Re-Issues Decision to Find “Occurrence” for Construction Defect Claim

Know When to Provide Notice Under Your Construction Contract

Craig Martin – April 1, 2014 Time and time again, courts rule that contractors must follow notice requirements in order to submit a claim for additional time or compensation. This blog looks at yet another example of a contractor that failed to follow the notice requirements and lost its demand for additional pay. This case,… Continue reading Know When to Provide Notice Under Your Construction Contract