16Sep
Fifth Circuit Holds That Ensuing Loss Provision of Builders’ Risk Policy Requires Two Separate Events to Qualify for the Construction Exclusion Carve-Out
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
Welcome to Weil, Gotshal & Manges LLP’s survey of private investments in public equity transactions...
Read More >
Risk Management Question - How can you train your law firm employees to spot bogus charity and disa...
Read More >
New Jersey Gov. Phil Murphy issued Executive Order No. 122 on Wednesday, April 8, 2020, halting all ...
Read More >
For a long time, compliance was perceived as a part of the larger legal world. Today, compliance is ...
Read More >
When I was 13, I bought my very first computer, an Apple IIe for $2,000, which would be about $4,760...
Read More >
After being approved by both the U.S. House of Representatives and the Senate, the Setting Every Com...
Read More >