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Property Damage Additional Insured Endorsements

Butler Weihmuller Katz Craig LLP

Tear-Out Costs Get Torn Out Again

On September 13, 2023, the Third District Court of Appeal released its opinion in People’s Trust Insurance Company v. Banks. The opinion is a substitute opinion for the Court’s original opinion, which was issued on August 13,...more

Cozen O'Connor

Does a CGL Policy’s “Business Description” or “Class Code” Limit Coverage?

Cozen O'Connor on

One way a CGL insurer can narrow otherwise broad bodily injury and property damage coverage is by activity. Activities that face similar risk can be grouped using an activity classification code, which can be incorporated...more

Rosenberg Martin Greenberg LLP

Will Business Interruption Insurance Cover Your Business' Losses Resulting From COVID-19?

The answer to this question will depend upon the language of your policy.  Most business interruption insurance policies, however, will have coverage language and exclusions that will make it unlikely for a COVID-19 claim to...more

Carlton Fields

Ransomware Attack Replacement Costs Are Covered “Direct Physical Loss or Damage” Under Standard Business Owner’s Policy, According...

Carlton Fields on

A Maryland federal court recently weighed in on the still-murky world of insurance coverage for cybersecurity losses, finding replacement costs necessitated by a ransomware attack were “direct physical loss or damage” to a...more

Troutman Pepper

Insurance Coverage for Property Damage Caused by Defective Workmanship

Troutman Pepper on

One of the principal points of contention between insurers and insureds is whether defective construction work is, or can be, an occurrence, thereby triggering coverage. Originally published in ConsensusDocs (Vol. 3,...more

Stoel Rives LLP

Don't Neglect to Understand Insurance Jargon

Stoel Rives LLP on

Unfortunately, insurance requirements in contracts are not easy to understand. The language used in insurance requirements is not always intuitive, but we all know that the consequences of not having the right insurance can...more

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