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
Month: April 2015
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
What Constitutes Insurance “Bad Faith” in Kentucky?
Kenneth Kan | Property Insurance Coverage Law Blog | April 3, 2015 This week, in the spirit of the March Madness NCAA Tournament (and the team I have in my bracket to win it all), I decided to research what constitutes insurance bad faith under Kentucky law. Kentucky law provides the following elements which the policyholder… Continue reading What Constitutes Insurance “Bad Faith” in Kentucky?
Study: OSHA Officials’ Estimated Cost of Silica Rule Short by $4.5 Billion a Year
USGlass Magazine & USGNN Headline News | March 26, 2015 OSHA was off. Way off. That’s according to a new report by the Construction Industry Safety Coalition (CISC), which found that the Occupational Safety and Health Administration’s (OSHA) proposed silica standards for U.S. construction industry will cost the industry $5 billion per year—roughly $4.5 billion… Continue reading Study: OSHA Officials’ Estimated Cost of Silica Rule Short by $4.5 Billion a Year
Insurers Argue Damage by Meteor is all that is Covered in a CGL
Joan Cotkin | Litigation Advocates | April 3, 2015 In a decision out of the Superior Court in Delaware, Judge Rocanelli bought a favorite insurance industry argument so extreme, several state legislatures (including Colorado and South Carolina) have passed laws overruling court decisions in their states adopting it. The argument is that the definition of “occurrence”… Continue reading Insurers Argue Damage by Meteor is all that is Covered in a CGL