American Arbitration Association Major construction projects generate vast amounts of data, including millions of documents, complex schedules, and frequent change orders. That makes today’s disputes more data-heavy than ever, and AI is emerging as a solution and a disruptor. From contract review and project design to worker safety, AI is transforming how the construction industry… Continue reading How AI Is Transforming Construction Disputes with AAA Leadership
AI Regulation in Insurance: A Crossroads
H. Michael Byrne, Lauren J. Dalton and Michael Roberts | McDermott Will & Schulte Overview The United States approaches a “fork in the road” on AI development, while state insurance regulators continue enhancing their examination powers. In a summer full of headlines, discussion regarding an elevated concern over safety and regulation of artificial intelligence (AI)… Continue reading AI Regulation in Insurance: A Crossroads
Public Adjuster Coalition Unveils Ethics Code, Plans Complaint Board
Don Jergler | Claims Journal A new code for public adjusters that would create a board to put ethics violations in front of state regulators was introduced on Friday. The Public Adjusting Code of Professional Conduct is being pushed by a coalition of more than 16 public adjusters, insurance attorneys and industry stakeholders. The code… Continue reading Public Adjuster Coalition Unveils Ethics Code, Plans Complaint Board
Not a Sure Thing: Negligent Contractors May Lose Their Ability To Recover Their Attorneys’ Fees on a Lien Claim
Mark W. Vyvyan | Fredrikson & Byron In a recent decision, the Minnesota Supreme Court found that where the damages stemming from a contractor’s negligence exceeded the amount due under its construction contract with the project owner, the contractor’s mechanic’s lien was satisfied, and the contractor was not entitled to recover its attorneys’ fees. In Sustainable… Continue reading Not a Sure Thing: Negligent Contractors May Lose Their Ability To Recover Their Attorneys’ Fees on a Lien Claim
How Lenders Can Reduce Their Potential Liability Under Florida’s Construction Lien Law
Gary Kaleita | Lowndes Construction lending in Florida presents risks that extend beyond the borrower’s ability to repay the loan. A lender that fails to follow Florida’s construction lien procedures may face direct liability, loss of mortgage priority, title complications, and disputes with owners, contractors, subcontractors, and suppliers. Florida’s construction lien law, primarily Fla. Stat. §… Continue reading How Lenders Can Reduce Their Potential Liability Under Florida’s Construction Lien Law