Don Jergler – June 18, 2012 Another eight structures burned in the High Park Fire in Colorado overnight, bringing the tally to 189 homes burned and making it the most destructive fire in the state’s history, officials said on Monday. No estimates on insured losses have been made, but the cost of the fire to date is… Continue reading Colorado Wildfire Rages: 189 Homes Destroyed
Tag: insurance
No Common Law First-Party Bad Faith Action in Florida
Alan Fiedel – June 6, 2012 In QBE Insurance Corporation v. Chalfonte Condominium Apartment Association, Inc., Case No. SC09-441 (May 31, 2012), the Florida Supreme Court issued an opinion last week in a Hurricane Wilma property insurance case, which originated in the U.S. District Court for the Southern District of Florida. The District Court dismissed… Continue reading No Common Law First-Party Bad Faith Action in Florida
Contractors Insurance Used As One Of The Basis To Avoid Scam
Authorities warn construction firms about their business practices as well as companies and homeowners about getting involved in contractor scams. There have been several reports within the United States about incidences of misrepresentation where unknown contractors would approach clients as sent by insurance companies. Once hired to work on the property, they are said to… Continue reading Contractors Insurance Used As One Of The Basis To Avoid Scam
Utah Reverses Course on Apportioning Costs of Defense to Policyholders
Jason W. Crowell – January 25, 2012 A recent Utah Supreme Court decision could result in significant benefits to some policyholders in Utah’s construction industry. The case, Ohio Casualty Insurance Co. v. Unigard Insurance Co., 2012 UT 1, concerned a fight between two insurers about how to split the costs of defending a lawsuit brought against… Continue reading Utah Reverses Course on Apportioning Costs of Defense to Policyholders
California Based Builders & Tradesmen’s Insurance Purchased by AmTrust
California Based Builders & Tradesmen’s Insurance Purchased by AmTrust.