Scott P. DeVries | Hunton Andrews Kurth Insurance policies provide different levels of insurance coverage and even if the amount purchased was adequate at one time, developments over time (e.g., inflation, upgrades, regulatory changes and surge pricing) may leave the policyholder underinsured. In this post in the Blog’s Wildfire Insurance Coverage Series, we emphasize the… Continue reading Wildfire Insurance Coverage Series, Part 5: Valuation of Loss, Sublimits, and Amount of Potential Recovery
Tag: Wildfires
Wildfire Insurance Coverage Series, Part 2: Coverage for Smoke-Related Damages
Scott P. DeVries and Yosef Itkin | Hunton Andrews Kurth For many policyholders, smoke emanating from wildfire causes as much if not more damage than the fire itself. In this post in the Blog’s Wildfire Insurance Coverage Series, we discuss damages caused by smoke emanating from wildfires. Some insurers argue that policies are limited to… Continue reading Wildfire Insurance Coverage Series, Part 2: Coverage for Smoke-Related Damages
Wake-Up Call: Understanding Commercial Fire Insurance Coverage In The Wake Of The Colorado Wildfire
Marshall Gilinsky and Carrie Maylor DiCanio | Anderson Kill Key Points: The wildfire that struck Boulder County, Colo., on December 30 was the most destructive in the state’s history In an era of intensifying natural disasters, businesses need to be aware of all their coverages and be prepared to maximize recovery Coverages to consider besides… Continue reading Wake-Up Call: Understanding Commercial Fire Insurance Coverage In The Wake Of The Colorado Wildfire
California’s Wildfire Dilemma: Put Houses or Forests First?
Jim Hinch | Bloomberg There is a limit to how much federal taxpayers should have to spend to fight fires and cull trees so that well-off Californians can live near hiking trails. As record-breaking fires blacken millions of acres in California and elsewhere in the West this year, politicians are mostly sticking to a standard script… Continue reading California’s Wildfire Dilemma: Put Houses or Forests First?
Rebuilding the West: Construction Considerations After the Smoke Clears
Richard Glucksman and Ravi Mehta | Chapman Glucksman Dean & Roeb Wildfires have always been a part of life in the western United States, but, in recent years, the frequency and size of wildfires have become staggering. Oregon, Washington, and—in particular—California face drier conditions, making wildfire season longer and more intense. In these states, among… Continue reading Rebuilding the West: Construction Considerations After the Smoke Clears