Katelyn Mae Desrosiers | Butler Weihmuller Katz Craig LLP | December 10, 2015 When insurers dispute coverage, rather than the amount of loss, a court is the appropriate decision maker to resolve the coverage issue. However, when an insurer finds coverage, but disputes the amount of loss, appraisal is the appropriate venue to determine a… Continue reading Courts are for Coverage; Appraisals are for Amount
Month: December 2015
7 Simple Underwriting Questions Nobody Asks
Christopher J. Boggs | Academy Journal Blog | December 14, 2015 First, let’s be clear – this is only a SMALL sampling of simple questions agents and underwriters fail to ask! There are dozens of simple, common sense questions that are often skipped – why remains a mystery. Second, this article does not provide every… Continue reading 7 Simple Underwriting Questions Nobody Asks
Do I Have To Complete The Appraisal Process Before Filing A Lawsuit Over The Claim?
Shaun Marker | Property Insurance Coverage Law Blog | December 15, 2015 Your first reaction to the question in the heading of this article might be an easy and obvious “Yes.” But you might want to reconsider after reading a recent case from Florida’s Fourth District Court of Appeal.1 The case involves a claim from… Continue reading Do I Have To Complete The Appraisal Process Before Filing A Lawsuit Over The Claim?
Costs Incurred to Repair Property Other Than Insured’s Defective Work Itself Are Covered Damages
Amy B. Briggs, Christine Spinella Davis and David B. Killalea | Manatt Phelps & Phillips LLP | December 4, 2015 Why it matters: A Florida federal court ruled that an insurer owes $23 million in indemnification to its insured, a general contractor, for repairs made to fix deficient subcontractor work at a luxury condominium tower because… Continue reading Costs Incurred to Repair Property Other Than Insured’s Defective Work Itself Are Covered Damages
Unique Look at One of the Newest Aspects of Construction Defect Coverage (And a Broker Warning)
Randy J. Maniloff | LexisNexis® Legal Newsroom Insurance Law | December 1, 2015 If you do construction defect coverage work, then you’ve definitely seen an endorsement, on a general liability policy, that is along the lines of this (but with more detail): If liability arises out of the insured’s use of a sub-contractor, no coverage… Continue reading Unique Look at One of the Newest Aspects of Construction Defect Coverage (And a Broker Warning)