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

There’s a New H-1B Lottery Program & Employers Must File Earlier This Year

Employers will have to decide who they are sponsoring earlier this year. For a brief background, H-1...

Read More >

Delaware Upholds Contractual Waiver of Appraisal Rights

Venture capital and private equity arrangements often include contractual provisions limiting the ri...

Read More >

Overview of the amended voluntary delisting regime in Singapore

In this article, we give a broad overview of the changes to the delisting regime implemented by Sing...

Read More >

What Are The Most Common Workplace Injuries?

There are hundreds of thousands, 2.5 million to be exact, of accidents, many of them serious, in wor...

Read More >

[Audio] Episode 148 -- A Review of the Novartis and Alcon FCPA Enforcement Action

Even during this difficult time of the pandemic, economic uncertainty and social unrest, the Justice...

Read More >

[Webinar] Construction Law for Contractors, Beyond the Basics - June 25th, 12:00 pm - 1:00 pm ET

In the course of managing a construction company, its projects and people, contractors, subcontracto...

Read More >