Tag: property damage

Are Repair Costs Covered Damages Under a Liability Policy?

Larry P. Schiffer | Squire Patton Boggs | September 27, 2019 Liability policies cover sums an insured becomes legally obligated to pay to a third-party as damages for a loss. Typically, there is no coverage in a liability policy for expenses incurred by the insured to repair damage to the insured’s own property. Additionally, nearly… Continue reading Are Repair Costs Covered Damages Under a Liability Policy?

PA Superior Court Provides Clarification on Definition of CGL “Occurrence” When Property Damage Is Caused by Faulty Building Conditions

Anthony L. Miscioscia and Konrad R. Krebs | White and Williams | July 25, 2019 The standard for an “occurrence” under a commercial general liability (CGL) insurance policy has been addressed on several occasions by Pennsylvania courts when an insured has allegedly performed faulty workmanship on a construction project. Specifically, in Pennsylvania, a claim for… Continue reading PA Superior Court Provides Clarification on Definition of CGL “Occurrence” When Property Damage Is Caused by Faulty Building Conditions

The New Water Damage Limitation and Other Non-Traditional Coverage Gaps

Chip Merlin | Property Insurance Coverage Law Blog | August 29, 2019 Public adjuster Guy Cohen and I discussed various issues of property insurance and adjustment at a recent lunch. He raised a very serious topic of coverage gaps being created in the small print of property insurance policies which Florida insurance regulators are allowing… Continue reading The New Water Damage Limitation and Other Non-Traditional Coverage Gaps

Endorsement Excludes Replacement of Undamaged Property with Matching Materials

Tred R. Eyerly | Insurance Law Hawaii | June 26, 2019     The court approved the insurer’s endorsement which stated the insured would not pay for undamaged property in order to match damaged property. Noonan v. Am. Family Mut. Ins. Co., 2019 U.S. App. LEXIS 15545 (May 24, 2019).     After hail and wind… Continue reading Endorsement Excludes Replacement of Undamaged Property with Matching Materials

Court Does Not Pity the Fool Who Does Not Fully Read His Insurance Policy

Paul LaSalle | Property Insurance Coverage Law Blog | August 23, 2019 Chip Merlin frequently stresses the importance of reading the whole insurance policy when determining whether there is coverage for the relevant property damage. The failure to do so was highlighted in a recent case,1 where a Pennsylvania federal court stated it could not ignore the… Continue reading Court Does Not Pity the Fool Who Does Not Fully Read His Insurance Policy