Was Superstorm Sandy a “Named Storm?”

Ashley Smith – March 26, 2014 Property insurance policies commonly contain a “Named Storm” deductible, which provides for a substantially higher deductible than other causes of loss. For example, the policy in AFP 104 Corp. v. Columbia Casualty Company1 contained a base deductible of $10,000 and a Named Storm deductible of $1 million per occurrence.… Continue reading Was Superstorm Sandy a “Named Storm?”

Xactware Offers New Project Management Integration for Contractors

MarketWatch – March 26, 2014 Xactware recently announced plans for integration between its claims-handling suite of solutions and various project management tools to help contractors improve efficiency and effectiveness. Xactware, a member of the Verisk Insurance Solutions group at Verisk Analytics, provides cloud-based claims-handling tools and data on mobile, online, and desktop platforms for professionals… Continue reading Xactware Offers New Project Management Integration for Contractors

When Does a “Date of Loss” Actually Manifest in California?

Denise Sze- April 1, 2014 Statues of Limitations are extremely important to policyholders and their attorneys. After all, when a statute runs, your rights to file a lawsuit in hopes of recovery disappears. However, the age old question of when is an actual “date of loss” or “manifestation” in property insurance law is still debated,… Continue reading When Does a “Date of Loss” Actually Manifest in California?

Falls in Construction: OSHA Announces “National Safety Stand-Down”

James L. Curtis, Mark A. Lies II and Craig B. Simonsen – March 24, 2014 In an announcement last week, OSHA noted that falls from elevation, accounting for 269 of the 775 construction fatalities recorded in 2012, continues to be a leading cause of death for construction workers. Dr. David Michaels, The Assistant Secretary of… Continue reading Falls in Construction: OSHA Announces “National Safety Stand-Down”