Brian Margolies – November 11, 2011 In its recent decision Lagestee-Mulder, Inc. v. Consol. Ins. Co., 2011 U.S. Dist. LEXIS 129308 (N.D. Ill. Nov. 8, 2011), the United States District Court for the Northern District of Illinois addressed what allegations must be made in a construction defect lawsuit in order to trigger coverage under a… Continue reading Illinois court holds no duty to defend water intrusion claim
Month: November 2011
Lead paint: the court throws the rental market into turmoil – Lexology
Thomas J. Whiteford and Christopher C. Jeffries – November 10, 2011 On October 24, 2011, Maryland’s highest court, the Court of Appeals, issued its decision in Jackson v. Dackman Co., and found that the immunity provisions of The Reduction of Lead Risk in Housing Act (the “Act”) are unconstitutional. Previously, the Act provided property owners with… Continue reading Lead paint: the court throws the rental market into turmoil – Lexology
Collaborative methods increase exposure
Judy Greenwald November 13, 2011 – 6:00am New approaches that have emerged in construction that have led to an increased demand for contractors’ professional liability insurance include integrated project delivery and building information modeling, although both may present underwriting challenges for insurers. Observers say the idea behind IPD is that all the team members involved… Continue reading Collaborative methods increase exposure
Avoiding Property-Adjusting Blunders
John A. Postava – November 14, 2011 In 2004 (hard to believe it was more than seven years ago), hurricanes Charley, Frances, Ivan, and Jeanne brought more claims adjusters to Florida than swampland speculators in the 1920s. In retrospect, the “Fearsome Foursome” generated more than 2 million property claims. Just the sheer number of claims… Continue reading Avoiding Property-Adjusting Blunders
Contractors professional liability demand rises | Business Insurance
Judy Greewwald – November 13, 2011 – 6:00am New approaches to building projects, as well as new techniques, are leading to increased demand for professional liability insurance for contractors, say many observers. While such coverage for architects and engineers has been around for many years, it is only in recent years that professional liability coverage… Continue reading Contractors professional liability demand rises | Business Insurance