Victor Jacobeills | Property Insurance Coverage Law Blog | March 26, 2019 The California Insurance Code mandates if a property insurance policy requires actual cash value payment, the payment must be based on the property’s depreciation for two types of claims: (1) a partial loss to a structure, i.e., a home or building and (2) damaged… Continue reading Applying Depreciation in California – Understanding the Guidelines
Tag: Property Damage Claim
You Are Indemnified…. Until You Are Not
William F. Bresee | Leech Tishman Fuscaldo & Lampl LLC | February 11, 2019 In the ordinary course of a construction project (or any commercial transactional arrangement, for that matter), something can go wrong. People can get injured; property can be damaged. For that reason, one of the significant risk allocation tools available to business… Continue reading You Are Indemnified…. Until You Are Not
Consequences of a Well-Pled Complaint
Deborah Trotter | Property Insurance Coverage Law Blog | February 1, 2019 The New York Supreme Court, Appellate Division, First Department “unanimously reversed, on the law, with costs, the motion denied and the claims reinstated,” the New York County Supreme Court trial judge’s order dated April 2, 2018, to the extent appealed from, which granted… Continue reading Consequences of a Well-Pled Complaint
Court Addresses Damages Under Homeowners Insurance Policy
David R. Cook, Jr. | Autry, Hall & Cook, LLP | December 29, 2018 During a storm, a tree landed on a homeowners house causing damage to the home’s foundation. Homeowners filed a claim on their homeowners insurance policy to recover the resulting damages. After homeowners and insurance company could not come to an agreement… Continue reading Court Addresses Damages Under Homeowners Insurance Policy
Is Evidence of a Liability Insurer’s Investigative Findings Admissible in a Third-Party Property Damage Claim?
Kevin Pollack | Property Insurance Coverage Law Blog | June 12, 2017 Assume a homeowner suffers damage as a result of a construction professional’s negligence. After the homeowner notifies the construction professional of the damage, the construction professional puts his liability carrier on notice and advises the homeowner that the liability insurer will investigate the… Continue reading Is Evidence of a Liability Insurer’s Investigative Findings Admissible in a Third-Party Property Damage Claim?