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
The extent of coverage for a General Contractor as an additional insured was the issue in Kummer Enter., Inc. v. Valley Forge Ins. Co., 2011 U.S.Dist. LEXIS 17726 (W.D. Mich. Feb. 23, 2011).
The General Contractor contracted to build an addition to a medical center. One subcontractor, Total Foundations LLC., was required to
The ABA’s Section of Litigation, Insurance Coverage Litigation Committee’s annual conference was held in Tucson on March 3-5, 2011. My colleagues, Rina Carmel, Esq., of Carlson, Calladine & Peterson LLP, and Lisa M. Shusto, P.E., of Exponent Failure Analysis Associates, and I led two lively and engaging discussions on ensuing loss provisions in property
The California Supreme Court considered whether coverage could be denied to innocent insureds whose home was damaged when their son, a co-insured, intentionally set fire to the home. See Century-National Insurance Co. v. Garcia, 2011 Cal LEXIS 1392 (Cal. Feb. 17, 2011).
After the insureds, husband and wife, suffered substantial damage to