Amanda Baggett | Deconstructed | February 11, 2015 On January 22, 2015, Representative Jay Fant introduced House Bill 501, a bill aimed at reducing the current statute of repose for construction-related claims from 10 years to 7 years. Florida’s statute of limitations and statute of repose for claims “founded on the design, planning, or construction of… Continue reading Florida May Soon Reduce Statute of Repose For Construction-Related Claims to 7 Years
Tag: Insurance Claims
Calculating Actual Cash Value, Part 5: New Jersey and New York
Shane Smith | Property Insurance Coverage Law Blog | February 22, 2015 Since many attorneys in our firm are litigating numerous Superstorm Sandy claims on behalf of policyholders in New Jersey and New York, this week’s post on calculating actual cash value will focus on these two states. To determine actual cash value, New Jersey courts… Continue reading Calculating Actual Cash Value, Part 5: New Jersey and New York
No Diagnosis, No “Damages”: Wisconsin’s Construction Statute of Repose in Asbestos Cases
Gregory N. Heinen | Wisconsin Appellate Law | February 2, 2015 How to apply Wisconsin’s construction statute of repose, Wis. Stat. § 893.89, in asbestos cases has recently been a hot topic dividing trial courts. The statute bars a broad category of claims if they are brought more than 10 years after the date of substantial… Continue reading No Diagnosis, No “Damages”: Wisconsin’s Construction Statute of Repose in Asbestos Cases
If You Post It, Your Opponent Can Probably Discover It
Dick Bennett | Cozen O’Connor’s Property Insurance Law Observer | January 26, 2015 In March we ran a post on how important videos, photographs, and statements on social media sites can be when investigating a property loss. A picture is literally worth a thousand words. Earlier this month, a Florida court explained that such material is… Continue reading If You Post It, Your Opponent Can Probably Discover It
Calculating Actual Cash Value, Part 5: Texas
Shane Smith | Property Insurance Coverage Law Blog | February 8, 2015 Texas courts have defined actual cash value as “repair or replacement costs less depreciation.”1 However, a Texas appellate court noted that actual cash value of property is equivalent to and synonymous with the fair market value of the property.2 Whether labor or overhead and… Continue reading Calculating Actual Cash Value, Part 5: Texas