In this episode of “Don't Take No for an Answer,” Lynda A. Bennett talks to Stacey C. Tyler, counsel in Lowenstein’s Real Estate practice group, about some of the key insurance coverage issues that come up when a company wants to either lease or own property. Stacey notes that there is always room to negotiate the many kinds of insurance policies necessary for leasing or buying real property, from specific subrogation language to the right to adjust coverage requirements in the future. Lynda and Stacey also discuss the difference between a loss payee and an additional insured, and why that matters; how courts are treating business interruption and force majeure claims since COVID; and pollution liability policies.
Speakers:
Lynda A. Bennett, Partner and Chair, Insurance Recovery
Stacey C. Tyler, Counsel, Real Estate