Erik Wise | Construction Executive New advances in artificial intelligence are finally putting long-promised improvements in productivity, safety and efficiency within reach for construction companies. They’ve come just in time. It’s no secret the industry is facing serious headwinds: Rising interest rates and commercial real-estate slowdowns have stymied activity, while labor productivity growth continued its decades-long trajectory… Continue reading As Construction Companies Pivot to AI, They’ll Need to Put Humans First
Month: July 2023
Agent Not Responsible for Insured’s Lack of Coverage
Tred R. Eyerly | Insurance Law Hawaii The court dismissed the insured’s complaint against the agent for alleged failure to procure proper coverage. Asphalt Recovery Specialists, Inc. v. Gallagher, 2023 U.S. Dist. LEXIS 73112 (D. Colo. March 23, 2023). Asphalt Recover Specialists, Inc. (ARS) engaged Arthur J. Gallagher & Co. to procure… Continue reading Agent Not Responsible for Insured’s Lack of Coverage
At a Glance: Construction Contracts and Insurance in USA
Jerry P. Brodsky and Michael S. Zicherman | Peckar & Abramson Contracts and insurance Construction contracts What standard contract forms are used for construction and design? Must the language of the contract be the local language? Are there restrictions on choice of law and the venue for dispute resolution? Many different form contracts are utilised.… Continue reading At a Glance: Construction Contracts and Insurance in USA
Rhode Island Affirms The Principle That Sureties Must be Provided Notice of Default Before They Can be Held Liable for Principal’s Default
Dennis Cavanaugh and Tasnuva Islam | Construction Law Zone Most bond forms in use today, including the standard form AIA A312-2010, contain express condition precedents that trigger a surety’s obligations under the bond. Under a performance bond, the bond obligee is required to provide formal notice to the surety that the principal has materially defaulted… Continue reading Rhode Island Affirms The Principle That Sureties Must be Provided Notice of Default Before They Can be Held Liable for Principal’s Default
Sixth District Court of Appeal Addresses the Scope of Appraisal
Denisse Ibarra and Nathaniel Tobin | Chartwell Law In a June 9, 2023 decision, the Sixth District Court of Appeal (“DCA”)[1] explained the role of an umpire during the appraisal process. The First Acceptance Ins. Co., Inc. v. At Home Auto Glass, LLC a/a/o Petra James trial court had limited the scope of appraisal when it ruled that… Continue reading Sixth District Court of Appeal Addresses the Scope of Appraisal