Caitlin Bronson | Insurance Business America | April 16, 2015 Legal action taken against several insurance companies in the wake of Superstorm Sandy stalled this week after government officials declined to pay the plaintiffs’ legal fees, citing federal law. According to a Newsday report, attorneys for the Department of Homeland Security – which oversees FEMA… Continue reading Settlements for Rejected Superstorm Sandy Insurance Claims Hit Roadblock
Tag: property damage
Texas Lawmakers Considering Bill to Reduce Lawsuits Against Property/Casualty Insurers
Thomas Harman | Best’s News Service | April 13, 2015 A Texas Senate panel is considering legislation supporters hope will reduce the number of lawsuits filed against property/casualty insurers in the state. Senate Bill 1628 is currently before the Senate Committee on Business and Commerce. If passed and signed into law, it would take effect… Continue reading Texas Lawmakers Considering Bill to Reduce Lawsuits Against Property/Casualty Insurers
Eleventh Circuit Defines “Structural Damage” Under An Insurance Policy
A. David Fawal | Butler Snow LLP | April 2, 2015 Although commonly used in insurance policies, the term ” structural damage ” is typically an undefined term, leaving it to insurers, insureds, and sometimes the courts to define. In Florida, federal district courts had come to different conclusions as to the definition, and recently,… Continue reading Eleventh Circuit Defines “Structural Damage” Under An Insurance Policy
Medical Marijuana Grow House Goes “Up In Smoke”
Shaun Marker | Property Insurance Coverage Law Blog | March 2, 2015 You can’t make this stuff up. A marijuana grow house goes “up in smoke”1 and I get to write about it in a property insurance blog! Nationwide Mutual Fire Insurance Company may be off the hook after a recent ruling from the Sixth Circuit… Continue reading Medical Marijuana Grow House Goes “Up In Smoke”
Insurer’s Duty to Defend: When is it Triggered? When is it Not?
Zach McLeroy | Colorado Construction Litigation | Feburary 9, 2015 In Colorado it is well recognized that an insurer has a broad duty to defend its policyholder against pending claims. An insurer’s duty to defend is triggered when the underlying complaint against the insured alleges any set of facts that might fall within the coverage policy.… Continue reading Insurer’s Duty to Defend: When is it Triggered? When is it Not?