Ryan Kocian | Courthouse News Service | May 19, 2015 An insurance bill pending in the Texas Legislature would “gut the laws” so thoroughly that a citizens’ group calls it the “Insurance Immunity Act.” Senate Bill 1628 , by Sen. Larry Taylor, R-Friendswood, has passed in the Senate but has not yet been voted on… Continue reading Watchdogs Fight ‘Insurance Immunity Act’
Tag: Insurance Claims
Under Flood Policy, Land is Not Considered Insured Property
Robert Trautmann | Property Insurance Coverage Law Blog | May 13, 2015 Floods do all sorts of damage. One aspect of damage often overlooked is when the flood removes property from one property owner’s land and deposits it on another’s land. Depending on where your property is located and the severity of the flood event, the… Continue reading Under Flood Policy, Land is Not Considered Insured Property
Construction Defects: What Insurance Policy Applies
James O. Birr | Jimerson & Cobb P.A. | April 29, 2015 In construction defect claims, various insurance policies are often implicated. These policies can span many years, so it is critical to determine what policy or policies may provide insurance coverage for the damages that ensue. The insurance policies at play, for general contractors,… Continue reading Construction Defects: What Insurance Policy Applies
Insurer not Liable for Settlement made Without its Permission
Judy Greenwald | Business Insurance | April 26, 2015 A Georgia Supreme Court ruling that an insurer is not liable for refusing to indemnify a policyholder that settled a case without the insurer’s permission is out of step with the vast majority of comparable cases around the country. But policyholder attorneys warn that other insurers involved… Continue reading Insurer not Liable for Settlement made Without its Permission
Settlements for Rejected Superstorm Sandy Insurance Claims Hit Roadblock
Caitlin Bronson | Insurance Business America | April 16, 2015 Legal action taken against several insurance companies in the wake of Superstorm Sandy stalled this week after government officials declined to pay the plaintiffs’ legal fees, citing federal law. According to a Newsday report, attorneys for the Department of Homeland Security – which oversees FEMA… Continue reading Settlements for Rejected Superstorm Sandy Insurance Claims Hit Roadblock