When the National Weather Service names a storm heading in your direction, you know to expect wind and water. This can create a quandary for property insurers. Is water damage from a named windstorm caused by the flood or the...more
2/28/2020
/ All-Risks Insurance ,
Denial of Insurance Coverage ,
Flood Insurance ,
Flooding ,
Hurricane Sandy ,
Insurance Claims ,
Insurance Litigation ,
Lloyds of London ,
Mass Transit ,
Natural Disasters ,
Policy Limits ,
Policy Terms ,
Property Damage ,
Property Insurance ,
Severe Weather ,
Water Damage
As this blog has reported, a line of cases deciding coverage disputes over faulty workmanship runs against (or, at least, around) a basic rule for interpreting insurance policies. Under that rule, the scope of coverage is...more
9/19/2016
/ Breach of Contract ,
Commercial General Liability Policies ,
Condominiums ,
Construction Contracts ,
Construction Defects ,
Construction Industry ,
Construction Project ,
Faulty Workmanship ,
Insurance Industry ,
NJ Supreme Court ,
Policy Exclusions ,
Popular ,
Property Damage ,
Subcontractors
Many property insurance policies contain terms that prohibit assignment, but Florida law has long deemed those terms inoperative once a loss has occurred. E.g., W. Fla. Grocery Co. v. Teutonia Fire Ins. Co., 74 Fla. 220...more