X
16Sep

Fifth Circuit Holds That Ensuing Loss Provision of Builders’ Risk Policy Requires Two Separate Events to Qualify for the Construction Exclusion Carve-Out

Carlton Fields | | Return|
In Balfour Beatty Construction, LLC v. Liberty Mutual Fire Insurance Company, No. 19-20216 (August 3, 2020), the Fifth Circuit determined that Liberty Mutual’s policy does not cover a construction company’s claim for window damage to a skyscraper caused by a subcontractor’s welding because the policyholder failed to show the damage resulted from a covered peril....
By: Carlton Fields
Source Url: https://www.jdsupra.com/legalnews/fifth-circuit-holds-that-ensuing-loss-58996/

Related

Weekly IRS Roundup January 6 – January 10, 2020

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant t...

Read More >

[Video] Everything You Wanted to Know About Monitors But Were Afraid To Ask: Part II-Post-Resolution Monitorships

In this five-part podcast series, we consider some of the basic questions around monitors and monito...

Read More >

EEOC Seeks Court Permission To Deem Pay Data Reporting Complete

In the next chapter of the pay data reporting saga, the EEOC has filed a Motion with the court seeki...

Read More >

Federal Estate Tax Exclusion Rises to $11,580,000 for 2020 (and more inflation adjustments)

The IRS published Revenue Procedure 2019-44 on November 6, 2019, to set the inflation adjustments fo...

Read More >

Where There's Smoke… California’s New Emergency Wildfire Smoke Protection Regulation and What Employers Are Required To Do

California employers need to pay heed to the recently announced California Division of Occupational ...

Read More >