Corey Harris – March 6, 2014 One common problem that has been arising is when overhead and profit should be paid in response to a property insurance claim. For those not aware, overhead and profit (generally estimated at 20% of the total amount of the estimate) is intended to cover the overhead/operating costs of a… Continue reading Payment of Overhead and Profit
Tag: construction
Construction Technology Helps with Claims
ConstrucTech – February 17, 2014 For homebuilders, minimizing risk on a construction job is essential, and long-term. Technology can help with risk management, quality assurance, project-document storage and archiving, customer-service management, insurance-certificate management, and post-warranty claims support. This is essential in the state of California, especially as the industry awaits further clarification as to the… Continue reading Construction Technology Helps with Claims
Awaited Liability Ruling Favors Texas Contractors
David Lee – January 21, 2014 Language in existing general liability insurance policies does not let insurers skate on construction defect claims, the Texas Supreme Court ruled Friday in a closely followed case. The case stems from crumbling and poorly constructed new tennis courts that led the Tuluso-Midway Independent School District to sue Ewing Construction… Continue reading Awaited Liability Ruling Favors Texas Contractors
Supreme Court Rules that Courts Must Give Controlling Weight to a Forum Selection Clause by Transferring the Action to the Selected Forum in all but the Most Exceptional Circumstances
David Zaslowsky and Grant Hanessian – January 28, 2014 Atlantic Marine Construction Co., Inc. v. United States District Court for the Western District of Texas, 134 S. Ct. 568 (2013) [click for opinion] Atlantic Marine Construction entered into an agreement with J-Crew Management for a construction project in Texas. The agreement included a forum-selection clause which… Continue reading Supreme Court Rules that Courts Must Give Controlling Weight to a Forum Selection Clause by Transferring the Action to the Selected Forum in all but the Most Exceptional Circumstances
Ewings are Making a Name for Themselves in Texas, Again
David L. Beck – January 23, 2014 The recent decision by the Texas Supreme Court in Ewing Constr. Co., Inc. v. Amerisure Ins. Co., No. 12-0661, 2014 WL 185035 (Tex. Jan. 17, 2014), has insureds in Texas and throughout the country breathing a sigh of relief. The decision confirms the limited scope of the Texas… Continue reading Ewings are Making a Name for Themselves in Texas, Again