News & Analysis as of

Construction Defects OCIP

Davis Wright Tremaine LLP

To OCIP or Not to OCIP, That Is the Question – Pros and Cons of Wrap-Up Construction Insurance

Developers and owners often find that obtaining insurance coverage for their construction projects can be confusing and unnecessarily complicated. When dealing with construction projects in excess of $50 million, an Owner...more

Sherman & Howard L.L.C.

That’s A Wrap: Pitfalls To Avoid When Negotiating Wrap-Up Insurance Programs PART ONE: ARE YOUR DEFENSE FEES ERODING THE POLICY...

With multi-family construction booming in Colorado and elsewhere around the country, most general contractors and developers are turning to project-specific wrap-up insurance programs to insure such projects. Whether...more

Troutman Pepper

OCIP Liability Insurer Required to Indemnify Florida Contractor for $23M in Property Damage Arising Out of Defective Subcontractor...

Troutman Pepper on

Pavarini Construction Co. v. Ace American Insurance Co., 2015 U.S. Dist. LEXIS 151247 (S.D. Fla. Oct. 29, 2015) - This action arose out of a construction project to build a 63-story luxury condominium tower located in...more

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