Following recent precedent issued by the Indiana Supreme Court, the federal district court determined the CGL policy provided coverage for damage caused by the subcontractor. Gen. Casualty Ins. v. Compton Constr. Co., Inc., 2011 WL 939245 (N.D. Ind. March 16, 2011).
Zubak contracted with Compton to construct a new home. Compton contracted
Two insurers covering consecutive policy periods pointed the finger at one another regarding a loss caused by a leak. The court determined the policy in place when the leak occurred, not when the plumbing was installed, was triggered. See Alliance Mut. Ins. Co. v. Guilford Ins. Co., 2011 WL 883528 (N.C. App. March 15, 2011).
Addressing which of the two insurers' policies were responsible for the loss, the Indiana Court of Appeals found both policies were triggered because property damage occurred within each insurer's policy period. Grange Mut. Cas. Co. v. West Bend Mut. Ins. Co., 2011 Ind. App. LEXIS 442 (Ind. Ct. App. March 15, 2011).
Cincinnati
Today, we link to a post from DoorFly.com addressing the private mortgage insurance. [see post here]. DoorFly.com's cite is: http://blog.doorfly.com/. The post explains what private mortgage insurance is:
Abbreviated PMI, private mortgage insurance is an added policy that protects lenders. This is required in a majority of cases where the borrower is unable to come
An article I wrote on ensuing loss was recently published in the ABA’s Insurance Coverage Litigation Committee’s Coverage Magazine (article attached here.) The article discusses first party property policies providing for ensuing loss. The ensuing loss provision may read something like this: “We will pay for resulting loss caused by a Peril Insured.” Accordingly, although
The New York Court of Appeals considered the impact of competing “other insurance” provisions located in both a CGL policy and a D&O policy. See Fieldston Property Owners Assoc., Inc. v. Hermitage Ins. Co., Inv., 2011 N.Y. LEXIS 254 (N.Y. Feb. 24, 2011).
In the underlying case, Fieldston’s officers were charged with making false
Georgia has joined the growing legion of high state courts to find that faulty workmanship can arise from an occurrence, invoking coverage for a contractor. See Am. Empire Surplus Lines Ins. Co. v. Hathaway Dev. Co., Inc., 2011 Ga. LEXIS 177 (Ga. March 7, 2011).
Hathaway Development Co., a general contractor, sued
Insurers are undoubtedly pleased with the Hawaii Intermediate of Appeals decision last year holding that construction defect claims do not constitute an “occurrence” under a CGL policy. See Group Builders, Inc. v. Admiral Ins. Co., 123 Hawaii 142, 148, 231 P.3d 67, 73 (2010).
But what about Island Insurance, a
Another matter of business to attend to today is congratulating Hawaii's newest blog, the Hawaii Litigation Blog at http://www.hawaiilitigation.com/. The blog is authored by the litigation practice group over at our friends, Alston Hunt Floyd & Ing.
We welcome you to the blogosphere and wish you the best.
Our firm has had many questions on insurance related issues since Friday's Earthquake and Tsunami in Japan. The following outline is quick primer on insurance coverage related to natural catastrophes.
INSURING PROPERTY FOR CATASTROPHES
● Cost of Natural Disasters:
∙ Hurricane Katrina in 2005 cost insurers and reinsurers $62.2 billion.
∙ Hurricane Ike in 2008 cost the insurance