Heather Howell Wright | Bradley Arant Boult Cummings LLP | July 22, 2015 Spring weather systems, such as the storms that have recently produced significant flooding in Texas, frequently create the necessity for restoration and remediation work. In performing such restoration work, it may be necessary to remove and store personal property contained within the… Continue reading Are You Covered? The “Care, Custody, Or Control” Exclusion
Tag: insurance coverage
New Jersey Court Applies Continuous Trigger Theory and Finds That No Coverage Is Available Because Damage Manifested Prior to Inception of Policy
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
Lawmakers Seek to Reduce Cost of Property Insurance in NC
S. Vagus | Live Insurance News | March 13, 2015 Lawmakers in North Carolina are looking to reduce property insurance rates by changing the state’s initiative to cover catastrophic losses caused by natural disasters. A new legislation has been introduce that would establish a public bonding authority, which will be part of the North Carolina… Continue reading Lawmakers Seek to Reduce Cost of Property Insurance in NC
Florida’s Claims Administration Statute – Use It or Lose Your “Coverage Defense”
John David Dickenson | Cozen O’Connor | January 15, 2015 Any Insurer issuing liability policies in Florida should be aware of the requirement of Florida’s Claims Administration Statute, § 627.426, or risk waiving viable “coverage defenses.” The definition of “coverage defense” under the statute has been the subject of considerable litigation in Florida for many… Continue reading Florida’s Claims Administration Statute – Use It or Lose Your “Coverage Defense”