Sam Friedman – July 13, 2012 In one of the most memorable episodes of the classic TV sitcom “The Honeymooners,” Jackie Gleason’s iconic character, Ralph Kramden, appears in a live infomercial touting the “Chef of the Future,” a nifty little tool that supposedly can perform a dozen or so key tasks in the kitchen. Unfortunately,… Continue reading Mobile Devices Can Be Game-Changers for Both Claimants and Adjusters
Tag: insurance
Court holds a $500,000 SIR Fails to Comply with Insurance Requirements
Richard P. Dyer – July 17, 2012 A trial court in New York recently was faced with questions concerning the amount of damages a contracting party, Citibank, was entitled to because of the failure of its contractor to procure insurance. (See Spector v. Cushman & Wakefield, 2012 N.Y. Misc. LEXIS 2794; 2012 NY Slip Op… Continue reading Court holds a $500,000 SIR Fails to Comply with Insurance Requirements
High Park Fire Destroys $38.5M Worth of Homes; Insurance Losses Total $97M
The High Park Fire destroyed more than $38.5 million worth of homes when it tore through the canyons and valleys northwest of Fort Collins last month, and caused twice that in total damage, according to new estimates. The fire destroyed 259 homes and cabins — another cabin was destroyed by a mudslide last week —… Continue reading High Park Fire Destroys $38.5M Worth of Homes; Insurance Losses Total $97M
What is a “Pay if Paid” Contract Clause and Can it Apply to a Construction Subcontractor?
Construction Law Info Blog – July 10, 2012 What constitutes a “pay-if-paid” construction contract clause? The United States Court of Appeals for the Third Circuit recently addressed this question in Sloan v. Liberty Mutual Insurance Company, 653 F.3d 175 (3d Cir. 2011). That case involved a waterfront condominium in Philadelphia. Isla of Capri Associates LP,… Continue reading What is a “Pay if Paid” Contract Clause and Can it Apply to a Construction Subcontractor?
Insurer can Deny Coverage or Reserve Rights, but not Both
Wiley Rein LLP, June 29, 2012 The Supreme Court of Georgia has held that an insurer cannot deny coverage on one ground while reserving the right to deny coverage on other grounds in the future. Hoover v. Maxum Indem. Co., 2012 WL 2217040 (Ga. June 18, 2012). An employee of the insured company suffered a… Continue reading Insurer can Deny Coverage or Reserve Rights, but not Both