Property Insurance

Capitol Report: Property Insurance Bill Creating Citizens Clearinghouse Passes 2013 Florida Legislature

by Kelly Cruz-Brown | Carlton Fields on 5/8/2013

Committee Substitute for Senate Bill 1770 (CS/SB 1770) passed by the 2013 Florida Legislature creates a “keep-out” clearinghouse to reduce the size and type of exposures insured by Citizens Property Insurance Corporation...more

Superstorm Sandy Is Causing New York and New Jersey Legislators to Reconsider Passing Legislation that Would Establish a Private...

by Melissa Brill, Kellyn Muller | Cozen O'Connor on 4/5/2013

Policyholders in New York and New Jersey presently have no private right of action against insurance companies for alleged violations of each state’s respective statutory claim handling guidelines – New York’s Unfair Claim...more

New Jersey Establishes a Mediation Program for Open Superstorm Sandy Insurance Claims, Notice of Which Must Be Provided to...

by Richard Bennett | Cozen O'Connor on 3/29/2013

New Jersey has now joined New York in instituting a voluntary mediation program for insured victims of Superstorm Sandy with “open and unresolved first-party insurance claims.” The program became operative with the issuance...more

Prompt Payment of An Appraisal Award Bars Bad Faith Per Austin U.S. District Court, Although Some Acts By An Insurer May Leave The...

by Nejat Ahmed | Cozen O'Connor on 3/21/2013

The United States District Court for the Western District of Texas in Austin recently held that an insurer’s timely payment of an appraisal award bars the insured’s extra-contractual tort claims. Michels v. Safeco Ins. Co. of...more

New York and New Jersey Announce Mediation Program for Superstorm Sandy Related Insurance Claims

by McCarter & English, LLP on 3/1/2013

On February 25, 2013, New York Governor Andrew Cuomo and New Jersey Governor Chris Christie separately announced their respective states were setting up voluntary mediation programs to help resolve disputed Superstorm Sandy...more

Ten things to do in the wake of this past weekend's severe winter weather

by Sarah Biser, J. Wylie Donald, Ira Gottlieb, Joel Horowitz, Nicholas Insua, Alan Kornstein, Pamela Moore, Robert Rubin | McCarter & English, LLP on 2/21/2013

The recent severe winter weather left behind legal and financial problems even deeper than the snow. But it may also have presented you with resources for help that you weren't previously aware of. Businesses may wish to act...more

Sandy Claims Likely to Test Examination Under Oath Provisions in Property Insurance Policies

by Lynda A. Bennett, Andrew S. Zimmerman | Lowenstein Sandler LLP on 2/14/2013

In the months ahead, disputes are likely to increase over insurance companies’ requests for an “examination under oath” (EUO) for Superstorm Sandy claims. Policyholders need to know that there are limits to how much...more

S.B. 112 – Proposed Property Insurance Reform Bill in Texas

by Lisa M. Henderson | Sedgwick LLP on 2/12/2013

A Texas State Senator has introduced legislation that would require residential property insurance carriers to include on the declarations page a dollar amount and explanation for every deductible. ...more

A Supplemental Whitepaper Addressing Sandy’s Impact on Commercial and Residential Property Owners and Construction Companies

by Josh Greenbaum, F. Jacoby, John McDonough | Cozen O'Connor on 1/23/2013

Superstorm Sandy, which made landfall near Atlantic City, N.J. on October 29, 2012, brought virtually unprecedented destruction to a large swath of the northeastern United States including, in particular, coastal New Jersey,...more

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Capitol Report: Property Insurance Bill Creating Citizens Clearinghouse Passes 2013 Florida Legislature

Superstorm Sandy Is Causing New York and New Jersey Legislators to Reconsider Passing Legislation that Would Establish a Private...

New Jersey Establishes a Mediation Program for Open Superstorm Sandy Insurance Claims, Notice of Which Must Be Provided to...

Prompt Payment of An Appraisal Award Bars Bad Faith Per Austin U.S. District Court, Although Some Acts By An Insurer May Leave The...

New York and New Jersey Announce Mediation Program for Superstorm Sandy Related Insurance Claims

Ten things to do in the wake of this past weekend's severe winter weather

Sandy Claims Likely to Test Examination Under Oath Provisions in Property Insurance Policies

S.B. 112 – Proposed Property Insurance Reform Bill in Texas

A Supplemental Whitepaper Addressing Sandy’s Impact on Commercial and Residential Property Owners and Construction Companies

Lessons From Past Give Guidance To Sandy-Related Claims

Insured’s Attempt to Negate Water Exclusion All Wet

Betterments and Improvements Socializing Losses for Owner Installations

Your Home and Business After Hurricane Sandy: 3-Point Bulletin

A Few Thoughts After “Frankenstorm”

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