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
In March 2021, a new European Union regime on sustainability-related disclosures in the financial se...
Read More >
Welcome to this special five-part podcast series with Jay Rosen, VP of Business Development for Affi...
Read More >
It’s that time of the year again. Cyber Monday — the first work day following the Thanksgiving bre...
Read More >
Much has been written about whether and how COVID-19 qualifies as a force majeure event. But typical...
Read More >
On June 6, 2019, Bill 108, the More Homes, More Choice Act received Royal Assent. The Bill includes ...
Read More >
In its first major overhaul of the Fair Labor Standards Act’s (“FLSA”) joint employer standard si...
Read More >