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Property Insurance › Farmers Insurance

Cozen O'Connor

Coverage to Rebuild a Foundation to Comply with Changed Building Codes Following a Fire are Subject to Code-Upgrade Endorsement’s...

Cozen O'Connor on

Does the efficient proximate cause rule serve to afford coverage for the additional costs to rebuild the foundation of a home in compliance with changed building code requirements beyond the sublimit of liability of an...more

Robinson+Cole Property Insurance Coverage...

What Constitutes an Unequivocal Denial of Coverage? New Jersey District Court Provides Some Guidance

Robinson+Cole Property Insurance Coverage... on

Like most jurisdictions, New Jersey allows parties to an insurance contract to shorten the six-year statute of limitations for contract actions. See N.J.S.A. 2A:14-1 (“Every action at law . . . for recovery upon a...more

Foley & Lardner LLP

Appraisal of Insurance Losses and the “Actual” Definition of “Actual Cash Value”

Foley & Lardner LLP on

Imagine a devastating fire renders your rental property uninhabitable. You dig out your insurance policy and are relieved to find that you are insured up to the “actual cash value” of the building. But what exactly does this...more

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