Tag: insurance coverage

Not so Fast Insurance Company, that Judgment Against your Insured May in Fact be Covered

Adele Ridenour | The Policyholder Report | May 11, 2017 Yesterday, the Oregon Court of Appeals dealt a hefty blow to insurance companies seeking to exclude coverage for property damage to multi-family dwellings and for awards of attorney fees. In Hunters Ridge Condominium Ass’n v. Sherwood Crossing, LLC, the Oregon Court of Appeals held that… Continue reading Not so Fast Insurance Company, that Judgment Against your Insured May in Fact be Covered

Insurance Coverage for Property Damage Caused by Defective Workmanship

James D. Hollyday | Pepper Hamilton LLP | April 2017 One of the principal points of contention between insurers and insureds is whether defective construction work is, or can be, an occurrence, thereby triggering coverage. The New Jersey Supreme Court has joined a growing number of jurisdictions holding that commercial general liability (CGL) insurance policies… Continue reading Insurance Coverage for Property Damage Caused by Defective Workmanship

Can an Insurer Avoid Bad Faith by Waiting to Pay Until Court Rules the Policy Covers the Loss?

Kevin Pollack | Property Insurance Coverage Law Blog | April 20, 2017 After denying claims, insurers sometime seek to avoid bad faith liability by taking their chances that a court will rule in their favor, and then, if the court rules otherwise, immediately tendering the monies owed under the insurance policy to the insured. A… Continue reading Can an Insurer Avoid Bad Faith by Waiting to Pay Until Court Rules the Policy Covers the Loss?

Essential Property Insurance Coverage Information Withheld from Consumers

Nicole Vinson | Property Insurance Coverage Law Blog | April 23, 2017 An April 2017 report by United Policyholders reveals the state rankings of homeowner insurance protections that impact buying insurance. The research revealed that many major insurance companies and many states withhold coverage and policy provisions from consumers during the purchase. These same companies and… Continue reading Essential Property Insurance Coverage Information Withheld from Consumers

Question of Insurer’s Duty Hinges on Dictionary Definition

Samantha Joseph | Daily Business Review | April 7, 2017 A dispute before the Florida Supreme Court looks like it could play by the book, specifically Black’s Law Dictionary. At the heart of the case is a question on whether insurers have a duty to intervene on a client’s behalf during pre-litigation efforts involving construction… Continue reading Question of Insurer’s Duty Hinges on Dictionary Definition