Gregory DL Morris | Risk & Insurance Carriers, brokers, and claims management firms all stress clarity, communication, and collaboration as keys to successful claims resolution. All carriers and brokers encourage their insureds to read and understand their policies. Claims resolution relies on all the work after that. At best, when a claim occurs it is… Continue reading Effective Claims Resolution Starts Well Before Any Loss. What These Carriers and Brokers Had to Say
Tag: Construction Claims
Managing Construction Claims Risk In The Age Of Gen Z And The Great Resignation
Tim Soefje | Freeman Mathis & Gary Construction and design professional firms that ignore how to effectively manage their workforce during this Great Resignation and post-Covid remote-work era will likely experience a significant increase in professional liability and construction defect claims. In late 2021, the nation’s “quit rate” reached a 20-year high and hasn’t really… Continue reading Managing Construction Claims Risk In The Age Of Gen Z And The Great Resignation
You Can’t Treat Construction Claims Like Your Grandkids
Matthew DeVries | Best Practices Construction Law I have seven children. and two of them have flown the coop. I also have two grandchildren who are ripe for spoiling. You see, grandchildren are a different type of kid, which means I get to treat them different than the kiddos living under my roof. In construction, however,… Continue reading You Can’t Treat Construction Claims Like Your Grandkids
No Coverage for Claim Deemed Made After Policy Expired When Insured First Received Actual Notice of Lawsuit
Elizabeth Jewell | Wiley Rein The United States District Court for the Northern District of Illinois, applying Illinois law, has held that a claim was deemed first made when the insured received actual, rather than constructive notice of the claim. Philadelphia Indem. Ins. Co. v. Lewis Produce Mkt No. 2, 2022 WL 1045640 (N.D. Ill. Apr.… Continue reading No Coverage for Claim Deemed Made After Policy Expired When Insured First Received Actual Notice of Lawsuit
Construction Defect Claims Not Covered
Tred R. Eyerly | Insurance Law Hawaii The court found that the insured’s negligent acts causing damage to only the structure of the home it built were not covered under the CGL policy. Westfield Ins. Co. v. Zaremba Builders II LLC, 2022 U.S. Dist. LEXIS 36189 (N.D. Ill. March 2, 2022). Zaremba… Continue reading Construction Defect Claims Not Covered