Charles P. Edwards | Barnes & Thornburg After the wildfires in Los Angeles, extreme weather events throughout the United States, and recently enacted tariffs, it seemed like a good time to revisit the calculation of replacement cost under policies insuring against loss or damage to property. The concept of replacement cost — sometimes referred to… Continue reading Replacement Cost Insurance Coverage in Turbulent Times
Tag: insurance
Understanding the Resilience and Recovery of Wildfire Survivors
John E. Putnam | IRMI Post-wildfire destruction visuals show only the tip of the iceberg. The hidden image is the many residents who have lost everything and are now faced with the daunting task of rebuilding not only their physical properties but also their emotional health after such a devastating event. Generally, insurance agents and… Continue reading Understanding the Resilience and Recovery of Wildfire Survivors
Smoke and Soot Constitute Direct Physical Loss
Tred R. Eyerly | Insurance Law Hawaii The federal district court found that smoke and soot contamination rendered the property unfit for normal use, meeting the standard for “direct physical loss” under the policy language for recovery of business income. Bottega, LLC, et al. v. National Surety Corporation-Chicago, Il, 2025 U.S. Dist. LEXIS 5666 (N.D. Cal. Jan.… Continue reading Smoke and Soot Constitute Direct Physical Loss
Proving Negligence After a Slip and Fall in California
Martin Gasparian | Maison Law Slip and fall incidents are among the most common types of accidents in California and elsewhere. In public spaces like businesses, nearly nine out of ten high-risk areas have no safety measures in place. If you’ve suffered injuries, you have the right to pursue compensation. However, you must prove that… Continue reading Proving Negligence After a Slip and Fall in California
Are PFAS Claims Excluded Under A Pollution Exclusion? A California Court Finds It Depends.
Jena Emory | Morris, Manning & Martin This article will discuss policyholder concerns after a California federal court recently found that some PFAS claims in an MDL were excluded under a pollution exclusion, but others were not. The case is Nat’l Foam, Inc. v. Zurich Am. Ins. Co., No. 23-CV-03873-LB, 2025 WL 699361, at *1 (N.D.… Continue reading Are PFAS Claims Excluded Under A Pollution Exclusion? A California Court Finds It Depends.