Policyholders Can Fully Collect Under a Flood Policy and a Wind Policy at the Same Time

Chip Merlin – July 18, 2014 Intelligent policyholders are not sticking around when their house is being destroyed documenting how much damage was caused by wind and then the flood that accompanies most of these catastrophic events. Yet, their insurance companies want to act as if their policyholders can play god. They demand that policyholder… Continue reading Policyholders Can Fully Collect Under a Flood Policy and a Wind Policy at the Same Time

Second Circuit – Architect’s Faulty Designs were Two Separate Defects

Matthew D. Stockwell – July 15, 2014 On June 23, 2014, the Second Circuit Court of Appeals issued a decision in the case Dormitory Authority of the State of New York v. Continental Casualty Company (2014 WL 2808073), a declaratory judgment action filed by a building owner against the architect’s insurance carrier over the faulty design of… Continue reading Second Circuit – Architect’s Faulty Designs were Two Separate Defects

News for Contractors and Construction Lenders in Arizona and Nevada – The Contractors’ Lien May Trump the Bank’s

Roy Bash, G. Edgar James and Scott C. Ryan – Polsinelli – July 10, 2014 In addition to an arid climate and plenty of sunshine, Arizona and Nevada have something more to offer contractors: a potentially advantageous position over lenders when a project goes bad. When a project derails and everyone involved is looking to… Continue reading News for Contractors and Construction Lenders in Arizona and Nevada – The Contractors’ Lien May Trump the Bank’s