The Illinois Supreme Court handed down a big win for policyholders just in time for the holidays. In Acuity v. M/I Homes of Chicago, LLC, the court joined the mainstream of jurisdictions and reversed years-old precedent that...more
12/22/2023
/ Commercial Insurance Policies ,
Construction Defects ,
Construction Project ,
Declaratory Judgments ,
Homeowners Association (HOA) ,
IL Supreme Court ,
Illinois ,
Jurisdiction ,
Liability Insurance ,
Property Damage ,
Scope of Work ,
Subcontractors
Hurricane Ian struck Florida on September 28. By late afternoon, it was a Category 5 storm with top winds of 155 miles per hour, producing huge storm surges along a wide area of the state’s southwestern coast. Damage is...more
9/30/2022
/ Business Interruption ,
Commercial Insurance Policies ,
Documentation ,
FEMA ,
Hurricane Season ,
Infrastructure ,
Insurance Claims ,
Insurance Industry ,
Loss Mitigation ,
Natural Disasters ,
Property Damage ,
Property Insurance ,
Reimbursements ,
Severe Weather
Responding to the Texas Winter Storm Crisis: Issue 1 -
The world is witnessing yet another dramatic weather event, this time in the southern states, especially Texas. The severe winter conditions in Texas have caused...more
2/23/2021
/ Business Interruption ,
Commercial Insurance Policies ,
FEMA ,
Insurance Claims ,
Natural Gas ,
Power Grid ,
Presidentially-Declared Major Disaster Area (PDMDA) ,
Proof of Loss ,
SBA ,
Severe Weather ,
Texas
Longer-term remote work impacts companies’ risk exposures and coverage under many insurance programs.
Policy terms may no longer align with the “facts on the ground” of remote operations, which could lead to coverage gaps...more
The insurance industry’s generic arguments that there is no coverage for the COVID-19 pandemic should not be accepted at face value, as coverage may be available depending on specific policy terms and individualized...more
The Property and Business Interruption Insurance Checklist -
An unexpected or catastrophic loss can force any company out of business, even if it is insured. You must understand your company’s risks and how your insurance...more
After tearing through the Caribbean, Hurricane Matthew’s path brought it north to the Southeastern coast of the U.S., bringing evacuations, business closures and damages to the region. Florida, Georgia, South Carolina and...more
10/11/2016
/ Business Interruption ,
Commercial Insurance Policies ,
Expert Reports ,
FEMA ,
Homeowner's Insurance ,
Hurricane Matthew ,
Loss Mitigation ,
Popular ,
Proof of Claims ,
Property Damage ,
Property Insurance ,
Supporting Documentation ,
Written Notice