Chip Merlin | Property Insurance Coverage Law Blog | May 3, 2019 The Colorado Division of Insurance will hold a public stakeholder meeting at the Colorado Division of Insurance in Denver on May 21, 2019, regarding its proposal to eliminate one of its long-standing bulletins requiring insurance companies to pay contractor overhead and profit rather… Continue reading How To Adjust Actual Cash Value and Overhead and Profit in Colorado—Colorado To Hold Public Forum For Comments
Month: May 2019
Illinois Supreme Court: Subcontractors No Longer Subject to Claims for Breach of the Implied Warranty of Habitability
Jeremy P. Brummond and Patrick J. Thornton | Lewis Rice | April 29, 2019 Recently, in Sienna Court Condominium Association v. Champion Aluminum Corporation, et al., the Illinois Supreme Court (“the Supreme Court”) held that if a purchaser of a newly constructed condominium or residence does not have a contract with a subcontractor who provided work… Continue reading Illinois Supreme Court: Subcontractors No Longer Subject to Claims for Breach of the Implied Warranty of Habitability
Where There Is Smoke, There Is… A Denial
Edward Eshoo | Property Insurance Coverage Law Blog | April 30, 2019 An Illinois Public Insurance Adjuster recently contacted me regarding an insurer’s denial of a smoke damage claim. The facts were as follows. While a condominium unit owner was using the fireplace in the unit (“unit 1”), smoke began to fill up in the… Continue reading Where There Is Smoke, There Is… A Denial
Florida’s “Assignment of Benefits” Bill: A Guide Through the New Statutory Framework
John David Dickenson and Chad A. Pasterneck | Property Insurance Law Observer | April 26, 2019 This week, after 7 years of failed efforts, the Florida Legislature passed a meaningful Assignment of Benefits (“AOB”) reform bill. Florida Governor Ron DeSantis announced yesterday that he would sign the legislation designed to cut back on abusive AOBs,… Continue reading Florida’s “Assignment of Benefits” Bill: A Guide Through the New Statutory Framework
Insurance Litigation in the USA
Mary Beth Forshaw | Simpson Thacher & Bartlett | April 29, 2019 Preliminary and jurisdictional considerations in insurance litigation Fora In what fora are insurance disputes litigated? Most insurance disputes are litigated in state or federal trial courts. An insurance action may be subject to original federal court jurisdiction by virtue of the federal diversity… Continue reading Insurance Litigation in the USA