With increasing frequency, insurers are challenging the sufficiency and clarity of settlement demands they failed to previously accept. The insurer’s challenges can take many forms but most focus on a demand not being written...more
Insurance laws may vary slightly between jurisdictions but major principles are nearly uniform. These include requirements that an insurer should draft clear and unambiguous exclusions and should identify and fully inform the...more
7/30/2024
/ Construction Industry ,
Denial of Insurance Coverage ,
Employees ,
Excess Policies ,
Exclusions ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Policy Exclusions ,
Policy Terms ,
Workplace Injury
In states that haven’t passed safe harbor legislation, multiple claimants and insufficient limit claims pose certain challenges to insurers in the claims handling stage. Numerous claimants competing for severely limited...more
Claims Made and Reported policies are their own animal. Proper reporting of claims is vital to ensure coverage for any loss. Knowing what constitutes a “claim” that must be reported and when and how to report the claim can be...more
Supplemental Payments provisions are present in almost every liability policy. These provisions generally detail the insurer’s responsibility for interest and costs awarded in suits that it has undertaken to defend....more
2/9/2024
/ Bodily Injury ,
Car Accident ,
Indemnity ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Liability ,
Policy Terms ,
Settlement ,
Supplemental Payments ,
Wrongful Death
With very limited exceptions, liability policies provide insureds with two primary benefits: a defense paid for by the insurance carrier and indemnity for covered claims. These benefits to the insured are purchased with...more
1/24/2024
/ Bad Faith ,
Commercial General Liability Policies ,
Construction Defects ,
Default Judgment ,
Defense Strategies ,
Indemnity ,
Insurance Claims ,
Insurance Litigation ,
Insurance Regulations ,
Policy Terms ,
Property Damage ,
Real Estate Development ,
Reservation of Rights