Farrell Miller | Cozen O’Connor One way a CGL insurer can narrow otherwise broad bodily injury and property damage coverage is by activity. Activities that face similar risk can be grouped using an activity classification code, which can be incorporated into the policy through a class limitation endorsement. For instance, a policy issued to an… Continue reading Does a CGL Policy’s “Business Description” or “Class Code” Limit Coverage?
Tag: insurance coverage
Top [Construction] Insurance Cases of 2020
Grace V. Hebbel | SDV Insights COVID-19 business interruption coverage litigation may have stolen the show in 2020, but those cases should not eclipse other important insurance coverage cases decided throughout this past year. As the courts nationwide struggled with the insurance coverage implications of COVID-19 related business loss, other significant coverage decisions were overshadowed.… Continue reading Top [Construction] Insurance Cases of 2020
What Every Lawyer Should Know About Insurance Coverage
John S. Worden and Nicole N. King | Venable 2020 presented new challenges and opportunities for businesses in regards to their insurance coverage and related recovery. The new year will likely present new insurance products and increased litigation. Types of Insurance. Insurance is meant to safeguard businesses against liability and financial risk. There are numerous types… Continue reading What Every Lawyer Should Know About Insurance Coverage
Plaintiffs’ Bar Hits A Wall When It Comes to “Access” Damages
Jorge Cruz-Bustillo | Chartwell Law In Florida, for years, the plaintiffs’ bar has been filing first-party property law suits for ensuing water damages caused by the failure of cast-iron pipes. In those cases, in which there is no evidence of interior water damages, the plaintiffs’ bar has been claiming repair costs associated with “access” (i.e., tear… Continue reading Plaintiffs’ Bar Hits A Wall When It Comes to “Access” Damages
No Coverage for Collapse of Building
Tred R. Eyerly | Insurance Law Hawaii Damage to a building caused by the break of a water pipe was not a collapse under the policy. Naabani Twin Stars v. Travelers Cos., 2020 U.S. Dist. LEXIS 196443 (D. N. M. Oct. 22, 2020). An underground water line ruptured on plaintiffs property This… Continue reading No Coverage for Collapse of Building