Jason D. Salvin | Daily Business Review | June 9, 2017 On May 12, 2003, I took a leap of faith and left my job working for one of the nation’s leading general contractors to join the legal profession. Eight days later, the Florida Legislature presented then-Gov. Jeb Bush with a revolutionary bill intended to… Continue reading Polarizing Design Defect Claims Law Could Be Refined
Month: June 2017
Insuring to Value: Replacement Cost vs Reconstruction Cost
Chip Merlin | Property Insurance Coverage Law Blog | June 23, 2017 A recent post, Insurance Agents and Determining Coverage Limits for Buildings, generated a number of very interesting comments about the differences between Replacement Cost Value of a building and the Reconstruction Value of a building. There is a difference between the two values and it… Continue reading Insuring to Value: Replacement Cost vs Reconstruction Cost
Water Damage Loss Time Limits and Hidden Damage—What Do Insurers Promise to Departments of Insurance?
Chip Merlin | Property Insurance Coverage Law Blog | June 26, 2017 I spoke about water damage loss at the National Association of Public Insurance Adjusters Annual Convention last week. One issue I discussed was the time limits of water damage. A recent post, Avoiding Denials of Water Damage Claims Based on “Long Term Damage Exclusions” also… Continue reading Water Damage Loss Time Limits and Hidden Damage—What Do Insurers Promise to Departments of Insurance?
Resolving Disputes Regarding Value of the Loss through the Appraisal Process
J. Robert Keena | Hellmuth & Johnson PLLC | June 13, 2017 With an increase in storm damage events throughout the Midwest, insurers are becoming increasingly frugal when adjusting storm damage losses. In the past, disputes regarding the value of the loss typically involved disagreements on pricing. Today more aggressive practice by insurers on even… Continue reading Resolving Disputes Regarding Value of the Loss through the Appraisal Process
Fla. Gov. Signs 2 Construction Law Bills Backed By Builders
Nathan Hale | Law360 | June 15, 2017 Construction companies applauded Florida Gov. Rick Scott’s signing Thursday of two bills that they say will open competition for state-funded projects and give builders more say and certainty on when a statutory window of liability for completed projects begins to run. H.B. 599 preempts local laws and mandates… Continue reading Fla. Gov. Signs 2 Construction Law Bills Backed By Builders