Dwain Clifford | The Policyholder Report | October 20, 2016 Most professional-liability policies are written on a “claims-made” basis, which provides coverage for lawsuits filed against the insured during the policy period — even for damages caused by some professional negligence that occurred long before the policy was issued (and, perhaps, for some mistake at… Continue reading Retroactive Dates Punch Gaps into Insured’s Coverage
Tag: Insurance Claims
What I Learned From My Kids About Delay Claims
Matthew DeVries | Best Practices Construction Law | October 13, 2016 This past week, I came home to a complete mess in our backyard—it was littered with debris, trash, plates and utensils, and overturn patio furniture. My instruction to the kids yesterday morning was stern: “Clean up this mess by the time I get home…or… Continue reading What I Learned From My Kids About Delay Claims
3 Ways Drones Could Change the Insurance Industry
Jordan Wathen | Fox Business | September 22, 2016 Drones aren’t just for hobbyists and wannabe pilots. The insurance industry could soon use unmanned aircraft to reduce fraud, evaluate risks, and collect valuable data to reduce losses. It’s not something out of a science fiction novel. Already, one reinsurance broker has established a drone rental… Continue reading 3 Ways Drones Could Change the Insurance Industry
Mudslide Did Not Cause Building to Explode
Charles Mathis | Property Insurance Coverage Law Blog | September 28, 2016 Back in May of 2014, I wrote a blog post entitled: Stranger Than Fiction: Property Insurance Policies Do Not Cover…Exploding Corpses!!?! Today, I write on a more recent case out of Colorado.1 What do they have in common, you ask? Both cases deal… Continue reading Mudslide Did Not Cause Building to Explode
The Earth Movement Exclusion: How Does it Affect Construction Defect Cases?
Adam B. Edgecombe, Esq. | Jimerson & Cobb P.A. | September 26, 2016 One of the biggest considerations for parties on both sides of any lawsuit is whether insurance coverage will apply to the plaintiff’s claims. This is especially true in construction defect cases, where the cost of repairing the alleged damage can be significant,… Continue reading The Earth Movement Exclusion: How Does it Affect Construction Defect Cases?