One of the issues contributing to an increasingly volatile construction space for owners and developers is the cost and availability of insurance during and after construction of a project. As a result of accelerated climate...more
Insurers across the nation continue to file motions to dismiss COVID-19 cases brought by policyholders on three primary grounds:
1. there is no” physical loss or damage” to the covered property,
2. there is no “prohibition...more
11/13/2020
/ Business Income ,
Business Interruption ,
Business Losses ,
Civil Authority ,
Commercial Insurance Policies ,
Contract Interpretation ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Denial of Insurance Coverage ,
Infectious Diseases ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Motion to Dismiss ,
Policy Exclusions ,
Policy Terms ,
Property Insurance
As we wrote about in a recent article, the trends in insurance coverage for COVID-19 related losses are: 1) so far insurers are winning, and 2) the cases are fact intensive and turn on policy and pleading language. As we...more
The stark effects of the coronavirus pandemic are conspicuously clear in downtown Chicago: Shuttered businesses that once catered to throngs of commuters and office workers loom over bare sidewalks, while trains fly by with a...more