Second Circuit Gives Lesson in Interplay Between Construction Contracts and CGL/Umbrella Policies

Amanda Proctor | PropertyCasualtyFocus On construction projects, it is common for the owners, general contractors, and subcontractors to execute various contracts requiring the parties to procure insurance and have other parties designated as additional insureds under those policies. Recently, the Second Circuit Court of Appeals in Amerisure Insurance Co. v. Selective Insurance Group Inc. addressed the interplay… Continue reading Second Circuit Gives Lesson in Interplay Between Construction Contracts and CGL/Umbrella Policies

Engineering Report is Not a “Cost to Repair or Replace” Under Insurance Policy

Denisse Ibarra and Nathaniel Tobin | Chartwell Law Florida Senate Bill 2A revised Fla. Stat §627.7152 to state that “a policyholder may not assign…any post-loss insurance benefit under any residential property insurance policy…issued on or after January 1, 2023.” Fla. Stat. §627.7152(13). Insurance companies, however, still face lawsuits filed by Assignment of Benefits (“AOB”) companies… Continue reading Engineering Report is Not a “Cost to Repair or Replace” Under Insurance Policy

Experts Offer Advice for Builders Looking Across the State Border

Paige Spratt | Schwabe, Williamson & Wyatt Portland’s proximity to Vancouver, Washington, creates opportunities as well as challenges for contractors. Panelists discussed those during a virtual Builder Breakfast event hosted by the Daily Journal of Commerce on Thursday. Insurance, tax and legal experts provided a general understanding of what contractors should consider when pursuing and… Continue reading Experts Offer Advice for Builders Looking Across the State Border

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