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).
Wall Crumbles, Striking Pedestrian – Does Hawaii Allow Coverage for Faulty Workmanship?
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
Hawaii Has Another Legal Blog
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.
Fire Policy Denying Coverage to Innocent Insureds is Invalid
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
Looming Deadline for Oahu Residents To Purchase Flood Insurance At Lower Rate
Today's Honolulu Star-Advertiser reports state officials are concerned that Oahu residents eligible for cheaper flood policy rates based upon updated federal flood maps may miss a deadline looming on Wednesday, January 19, 2010. Failing to respond by Wednesday could mean having to pay $5700 a year for flood insurance instead of $350 a year.
Hawaii Legislature Passes Insurance Related Bills
The recently completed session of the Hawaii Legislature enacted six insurance-related bills. We summarize each below.
SB 2017 – Insurance Claims Adjusters; Crop Insurance
The bill allows a claims adjuster who adjusts only workers' compensation claims or crop insurance claims to take an examination approved by the Risk Management Agency of the United
Guest Post: Surety Bonds
The following guest post on surety bonds is provided by Kevin Kaiser of Surety Bonds.com, a nationwide bonding agency dedicated to educating people about surety bonds through their Surety Bond Education Program. (http://www.suretybonds.com/edu/). Five questions about bonds follow and are answered by Kevin.
1) What is a Surety Bond and How is
Happy Holidays
No substantive post today. All of the research/writing elves here at insurancelawhawaii.com, save one, have the rest of the week off.
But we take this opportunity to extend to you and your's a Merry Christmas and Happy New Year.
Hawai`i Life and Disabilty Insurance Guaranty Association
A client's inquiry caused me to review the Hawai`i Life and Disability Guaranty Act ("Guaranty Association Act"). Haw. Rev. Stat. 431:16-201 to 219. Here is a summary of Hawai`i's statute.
1) Purpose of Statute.
The statute seeks to protect persons against the failure of life and accident and health or sickness
Additional Insured Entitled to Full Coverage
The New York Court of Appeals considered whether a Landlord was an additional insured under a policy obtained by the Tenant. See Kassis v. The Ohio Casualty Ins. Co., No. 117 (N.Y. Ct. App. June 25, 2009).
The Landlord leased property to the insured, who, pursuant to the lease, obtained a commercial general liability insurance