Many property insurance policies that provide coverage for business interruption losses also include “extra expense” coverage for reasonable and necessary extra costs to temporarily continue as nearly as possible normal...more
In Fontana Builders, Inc. v. Assurance Company of America, Case No. 2014AP821, 2016 WL 3526408 (Wis. Jun. 29, 2016), the Wisconsin Supreme Court addressed whether the purchase of a homeowner’s policy by the occupiers and...more
7/14/2016
/ Builder's Risk Exclusion ,
Construction Project ,
Denial of Insurance Coverage ,
Fire Damage ,
Homeowner's Insurance ,
Insurance Industry ,
Property Damage ,
Property Insurance ,
Real Estate Development ,
Real Estate Market ,
Scope of Coverage
The New Jersey Supreme Court recently revisited its earlier decision in Zuckerman v. National Union Fire Insurance Fire Insurance Co., 100 N.J. 304, 495 A.2d 395 (1985) and upheld the strict enforcement of notice and...more