Joshua Tumen | Property Insurance Law Observer In BCC Partners, LLC v. Travelers Prop. Cas. Co. of America, 2024 WL 1050117 (E.D. Mo. March 11, 2024), the Court determined that the plaintiff property owner, as an additional insured, was not entitled to the same insurance coverage as the named insured where the builder’s risk policy limited… Continue reading Court Says Builder’s Risk Policy Limited Coverage for Additional Insureds
Tag: Additional Insured
IL Court: Insurer Can Subrogate Additional Insured Without Equitable Principles
Geoffrey Waguespack | Butler Weihmuller Katz Craig Illinois Appellate Court Holds that Insurer May Subrogate to the Rights of an Additional Insured Based on a Contractual Right to Subrogation and that Equitable Subrogation Principles Do Not Apply In a recently decided opinion, the Illinois Appellate Court, First District held that an insurer may subrogate to the rights… Continue reading IL Court: Insurer Can Subrogate Additional Insured Without Equitable Principles
Should You Require a Specific Endorsement Naming Your Client as an Additional Insured?
R. Thomas Dunn and Sheya Rivard | Pierce Atwood Additional Insured’s Action Against Insurer Dismissed for Lack of Personal Jurisdiction The takeaway of this article is for you to consider updating your clients’ insurance requirements to require a specific additional insured endorsement. This endorsement requires a lower-tier contractor/policyholder to identify your client’s company by name in the… Continue reading Should You Require a Specific Endorsement Naming Your Client as an Additional Insured?
Construction Litigation Roundup: “Builder’s Risk Indeed”
Daniel Lund III | Phelps Dunbar A contractor for a hotel in Seattle was tasked with constructing the hotel utilizing premanufactured modular hotel rooms. The modular unit portion of the project was the subject of a $15.8 million subcontract between the general contractor and the manufacturer. The manufacturer was also responsible to the GC for… Continue reading Construction Litigation Roundup: “Builder’s Risk Indeed”
Policy Reformed to Add New Building Owner as Additional Insured
Tred R. Eyerly | Insurance Law Hawaii The lower court correctly reformed the policy to replace the prior owner with the new owner as an additional insured under the policy. Wesco Ins. Co. v. Fulmont Mut. Ins. Co., 2023 N.Y. App. Div. LEXIS 2650 (N. Y. App. Div. May 11, 2023). Beyond… Continue reading Policy Reformed to Add New Building Owner as Additional Insured