Craig Martin | Construction Contractor Advisor | November 10, 2014 The ever changing landscape of insurance coverage for contractors continues to be clarified in Texas. The Fifth Circuit Court of Appeals applied Texas law in Crownover v. Mid-Continent Casualty Company, concluding that contractors do have insurance coverage to cover claims that a project was not constructed… Continue reading Court Again Defines Extent of Contractor’s Insurance Coverage
Tag: insurance coverage
Insurance Coverage after Foreclosure?
Shane Smith | Property Insurance Coverage Blog | November 9, 2014 In August, the U.S. Court of Appeals addressed whether a homeowners’ property insurance policy was rendered void after the insureds lost the home in foreclosure, yet continued to reside in the home and suffered a loss.1 Fred and Debbie Baptist purchased their property insurance… Continue reading Insurance Coverage after Foreclosure?
More Or Less Natural Hazard Risk Than Average: It’s All About Location
Kathryn Dobbyn | CoreLogic | November 3, 2014 We all intuitively know that location matters when it comes to real estate. For the U.S. housing market, emphasis on location has in the past been in terms of factors such as school districts, commuting times, mass transit and walkability. That being said, in 2013, severe weather… Continue reading More Or Less Natural Hazard Risk Than Average: It’s All About Location
Florida Appeals Court: In First-party Coverage Dispute, Ruling That Insurer Breached Contract Is Not Prerequisite to Insured’s Filing a Bad Faith Claim
Illinois Law Bars Coverage for Construction Defects in Insured’s Work
Tred Eyerly – Insurance Law Hawaii – September 24, 2014 Applying Illinois law, the Seventh Circuit determined there was no coverage for faulty workmanship causing property damage to the insured’s project. Nautilus Ins. Co. v. Board of Directors of Regal Lofts Condominium Ass’n, 2014 U.S. App. LEXIS 16250 (7th Cir. Aug. 21, 2014). The developer converted… Continue reading Illinois Law Bars Coverage for Construction Defects in Insured’s Work