Larry P. Schiffer | Squire Patton Boggs | November 13, 2019 Property insurance policies contain provisions to resolve disputes between the policyholder and the insurer over damage claims. These provisions provide for an independent appraisal of the alleged damaged property with the appraiser’s final award binding the parties. An appraisal award is akin to an… Continue reading Appraisal Award Ends Property Damage Dispute
Month: November 2019
Invoking Appraisal – Be Careful What You Ask For
Kay Morgan | Property Insurance Coverage Law Blog | November 16, 2019 Last week, the Texas Second Court of Appeals issued Lambert v. State Farm Lloyds,1 which follows the Texas Supreme Court’s recent opinion in Barbara Technologies Corp. v. State Farm Lloyds.2 In a recent blog post, Payment of an Appraisal Award: Is There More, I reviewed Barbara Tech and its… Continue reading Invoking Appraisal – Be Careful What You Ask For
Smart Contracts Poised to Impact the Future of Construction
Frederick D. Cruz and Seth Wamelink | Construction Executive | November 4, 2019 In August 2018, the State of Ohio passed legislation making it easier for businesses in Ohio, including the construction industry, to use blockchain technology in business transactions, which can result in significant savings and increased efficiency if used correctly. Specifically, Senate Bill… Continue reading Smart Contracts Poised to Impact the Future of Construction
Is All Damage Caused By Sewage or Water Infiltration Excluded By My Homeowners Insurance Policy?
Paul LaSalle | Property Insurance Coverage Law Blog | November 13, 2019 Homeowners insurance policies ordinarily exclude losses caused by water or sewage which backs up through sewers or drains. Does it follow that all water or sewage that infiltrates a home through sewers or drains constitutes excluded back up? In Windows v. Eerie Insurance Exchange,1 insureds… Continue reading Is All Damage Caused By Sewage or Water Infiltration Excluded By My Homeowners Insurance Policy?
Shoring of Ceiling Does Not Constitute Collapse Under Policy’s Definition
Tred R. Eyerly | Insurance Law Hawaii | August 28, 2019 Despite the need to shore up the ceiling, the building was not in a state of collapse under the language of the policy. Ravinia Vouge Cleaners v. Travelers Cas. Ins. Co. of Am., 2019 U.S. Dist. LEXIS 123594 (N.D. Ill. July 24, 2019).… Continue reading Shoring of Ceiling Does Not Constitute Collapse Under Policy’s Definition