James O. Birr | Jimerson & Cobb P.A. | April 29, 2015 In construction defect claims, various insurance policies are often implicated. These policies can span many years, so it is critical to determine what policy or policies may provide insurance coverage for the damages that ensue. The insurance policies at play, for general contractors,… Continue reading Construction Defects: What Insurance Policy Applies
Tag: insurance coverage
Lawmakers Seek to Reduce Cost of Property Insurance in NC
S. Vagus | Live Insurance News | March 13, 2015 Lawmakers in North Carolina are looking to reduce property insurance rates by changing the state’s initiative to cover catastrophic losses caused by natural disasters. A new legislation has been introduce that would establish a public bonding authority, which will be part of the North Carolina… Continue reading Lawmakers Seek to Reduce Cost of Property Insurance in NC
Florida’s Claims Administration Statute – Use It or Lose Your “Coverage Defense”
John David Dickenson | Cozen O’Connor | January 15, 2015 Any Insurer issuing liability policies in Florida should be aware of the requirement of Florida’s Claims Administration Statute, § 627.426, or risk waiving viable “coverage defenses.” The definition of “coverage defense” under the statute has been the subject of considerable litigation in Florida for many… Continue reading Florida’s Claims Administration Statute – Use It or Lose Your “Coverage Defense”
Court Again Defines Extent of Contractor’s Insurance Coverage
Craig Martin | Construction Contractor Advisor | November 10, 2014 The ever changing landscape of insurance coverage for contractors continues to be clarified in Texas. The Fifth Circuit Court of Appeals applied Texas law in Crownover v. Mid-Continent Casualty Company, concluding that contractors do have insurance coverage to cover claims that a project was not constructed… Continue reading Court Again Defines Extent of Contractor’s Insurance Coverage
Insurance Coverage after Foreclosure?
Shane Smith | Property Insurance Coverage Blog | November 9, 2014 In August, the U.S. Court of Appeals addressed whether a homeowners’ property insurance policy was rendered void after the insureds lost the home in foreclosure, yet continued to reside in the home and suffered a loss.1 Fred and Debbie Baptist purchased their property insurance… Continue reading Insurance Coverage after Foreclosure?