Andrea Martinez | Wiley Rein The U.S. District Court for the Southern District of Illinois, applying Illinois law, has held that there is no coverage under a claims-made policy for a claim made during the policy period but reported after the policy period expired. Berkley Ins. Co. v. Caraway, 2025 WL 3280220 (S.D. Ill. Nov. 25,… Continue reading No Coverage for Claim Made During Policy Period but Reported After Policy Period
Tag: insurance coverage
When Federal Contracts Meet Insurance Coverage – Part 1
Aron Beezley, Elizabeth A. Brown, Ryan Hedstrom and Katherine Henry | It Pays to Be Covered The Federal Acquisition Regulation (FAR) is a comprehensive set of regulations governing federal procurement — prescribing how agencies acquire goods and services and how contractors compete for, win, and perform government contracts. This encyclopedia of federal procurement addresses everything… Continue reading When Federal Contracts Meet Insurance Coverage – Part 1
Quick Note: Liability Insurer’s Duty to Defend and Duty to Indemnify
David Adelstein | Florida Construction Legal Updates A liability insurer has two duties: a duty to defend and a duty to indemnify. A recent insurance coverage dispute summarizes these two duties, which are critical for parties to understand and appreciate in the context of insurance coverage claims: An insurance company’s duty to defend is distinct… Continue reading Quick Note: Liability Insurer’s Duty to Defend and Duty to Indemnify
Coverage Confusion: When Your Insurance Broker Gets It Wrong
Bethany Foster | Higgins, Hopkins, McLain & Roswell In the intricate world of construction, builders often rely heavily on insurance brokers to secure appropriate insurance coverage, and trust that they will be protected against unforeseen liabilities. However, a recent Colorado district court decision serves as a stark reminder of the perils associated with such reliance,… Continue reading Coverage Confusion: When Your Insurance Broker Gets It Wrong
Insurance Considerations for Construction Projects
Christopher Sweeney | Conn Kavanaugh If you’ve ever retained a home-improvement contractor, you’ve almost certainly received enthusiastic assurances that he or she is “licensed and insured.” But what exactly does that mean the context of a construction project? What varieties of insurance coverage should contractors have, and in what amounts? Do you as the homeowner… Continue reading Insurance Considerations for Construction Projects