Shane Smith | Property Insurance Coverage Blog | November 9, 2014 In August, the U.S. Court of Appeals addressed whether a homeowners’ property insurance policy was rendered void after the insureds lost the home in foreclosure, yet continued to reside in the home and suffered a loss.1 Fred and Debbie Baptist purchased their property insurance… Continue reading Insurance Coverage after Foreclosure?
More Or Less Natural Hazard Risk Than Average: It’s All About Location
Kathryn Dobbyn | CoreLogic | November 3, 2014 We all intuitively know that location matters when it comes to real estate. For the U.S. housing market, emphasis on location has in the past been in terms of factors such as school districts, commuting times, mass transit and walkability. That being said, in 2013, severe weather… Continue reading More Or Less Natural Hazard Risk Than Average: It’s All About Location
Defective Work on a Building Pad that Results in Structural Damage is Not Considered an “Accident” that would Trigger Coverage for an “Occurrence” under a CGL Policy in Kentucky
Benjamin B. Hyden | Bricker & Eckler LLP | October 31, 2014 Structural damage to a new building caused by a defective building pad may not be covered under a commercial general liability (CGL) insurance policy when the specific damage is the type of damage that a properly constructed building pad is expected to prevent.… Continue reading Defective Work on a Building Pad that Results in Structural Damage is Not Considered an “Accident” that would Trigger Coverage for an “Occurrence” under a CGL Policy in Kentucky
No CGL Coverage for Faulty Workmanship Under Pennsylvania Law
Gilbert Lee | Sedgwick Insurance Law Blog | October 24, 2014 In State Farm Fire & Casualty Co. v. McDermott, 2014 WL 5285335 (E.D. Pa. Oct. 15, 2014), a federal court recently held that an insurer has no duty to defend or indemnify its insured against an underlying construction defect lawsuit containing causes of action sounding… Continue reading No CGL Coverage for Faulty Workmanship Under Pennsylvania Law
Nevada Supreme Court Clarifies Right to Construction Defect Remedies Involving Residential Units with Previously Occupied Spaces
Traub Lieberman Straus & Shrewsberry LLP | October 31, 2014 In Oxbow Constr., LLC v. Eight Judicial Dist. Ct., 2014 Nev. LEXIS 109, 130 Nev. Adv. Rep. 86 (Nev. Oct. 16, 2014), the Nevada Supreme Court considered issues regarding class-action certification and the availability of remedies under Nevada construction defect statutes. The action arose out… Continue reading Nevada Supreme Court Clarifies Right to Construction Defect Remedies Involving Residential Units with Previously Occupied Spaces