Brett Henson | Shumaker, Loop & Kendrick The 2022 [Florida] Legislative Session saw a number of bills signed into law, effective July 1, 2022, which impact the construction industry. Below is a summary of key changes. Building Regulation (Ch. 2022-136) Chapter 2022-136 (“Building Regulation”) includes several changes intended to streamline the building permit process, by expanding… Continue reading 2022 Construction Industry Legislative Update
Month: August 2022
Intentional Loss Exclusion Could Apply Even to Unintended Damage, Says the Tenth Circuit
Elliot Kerzner and Alycen Moss | Cozen O’Connor The Tenth Circuit recently held that, under Kansas law, an intentional loss exclusion precludes coverage for damage caused by an intentionally set fire even if the actual resulting damage is unintended. In Taylor et al. v. LM Insurance Corp., Case No. 20-3166 (10th Cir. Jul. 11, 2022), the… Continue reading Intentional Loss Exclusion Could Apply Even to Unintended Damage, Says the Tenth Circuit
Improve the Bottom Line Using Subrogation Waivers
James T. Dixon | Brouse McDowell The premium a company pays for its general liability insurance is based on several factors. More obviously, the rate will be based on the limits of insurance obtained and the applicable deductible. Less obviously, however, classifications, rates and exposure bases also come into play. The Insurance Services Office (ISO)… Continue reading Improve the Bottom Line Using Subrogation Waivers
Effective Claims Resolution Starts Well Before Any Loss. What These Carriers and Brokers Had to Say
Gregory DL Morris | Risk & Insurance Carriers, brokers, and claims management firms all stress clarity, communication, and collaboration as keys to successful claims resolution. All carriers and brokers encourage their insureds to read and understand their policies. Claims resolution relies on all the work after that. At best, when a claim occurs it is… Continue reading Effective Claims Resolution Starts Well Before Any Loss. What These Carriers and Brokers Had to Say
Sixth Circuit Holds Attorneys’ Fee Award Does Not Constitute Damages Under Professional Liability Policy
Kent Crocker | PropertyCasualtyFocus The Sixth Circuit Court of Appeals affirmed an order granting summary judgment in favor of the insurer in Wesco Insurance Co. v. Roderick Linton Belfance LLP, holding that the award of attorneys’ fees was a “sanction” and thus was not covered damages under the Wesco professional liability policy. This matter concerned an… Continue reading Sixth Circuit Holds Attorneys’ Fee Award Does Not Constitute Damages Under Professional Liability Policy