Source: http://www.lexology.com, April 20, 2017 By: John H. Kazanjian and Nicole B. Weinstein, Beveridge & Diamond PC Companies facing environmental cleanup liability typically confront claims that are brought multiple decades after the alleged polluting activity took place. This passage of time often results in the loss or disappearance of crucial historic documents, including insurance policies, […]

Source: http://www.propertycasualty360.com, April 20, 2017 By: Eric Moon Every significant human-made structure throughout history has involved architecture and engineering. Some are memorable for their innovation and efficiency, while others are renowned for their inspiring design. Still others are remembered for a negative reason: catastrophic failure. Design failure is more than an occupational hazard for architects […]

Source: http://mynews4.com, April 19, 2017 By: Kaleb Roedel & Kenzie Bales The University of Nevada, Reno says it will be relocating 30 employees and several student workers working in an 8,000 square foot building where low levels of radiation were found. The radiation readings in the Facilities Services Building are all below the government’s maximum […]

Source: http://www.natlawreview.com, April 18, 2017 By: Rebecca Dow, Holland & Hart LLP When negotiating a construction contract with a general contractor (GC), the owner/developer should be aware of, and address, a number of issues to attempt to mitigate or limit the risk of construction defect litigation for a residential project, including multi-family and for-rent residential […]

Source: http://www.constructiondive.com, April 19, 2017 By: Kim Slowey Dive Brief: Mercedes-Benz Stadium officials have announced that issues with the retractable roof will delay the $1.5 billion venue’s opening for a third time, according to The Atlanta Journal-Constitution. Atlanta Falcons officials said the new opening date has been pushed from July 30 to August 26, when […]

Source: http://www.latimes.com, April 17, 2017 By: Ralph Vartabedian Design flaws, construction shortcomings and maintenance errors caused the Oroville Dam spillway to break apart in February, according to an independent analysis by Robert Bea for the Center for Catastrophic Risk Management at UC Berkeley. Bea, a co-founder of the center and retired civil engineering professor, found […]

Source: https://reactionsnet.com, April 17, 2017 Environmental liability claims above $1bn are becoming more commonplace but coverage for the peril is still lagging. According to Allianz Global Corporate & Specialty (AGCS), environmental damage can now cost insurers an average of €2.3m per claim. According to Matt O’Malley, president of North America environmental at XL Catlin, the […]

Source: https://therealdeal.com, April 17, 2017 By: Francisco Alvarado An Aventura-based architecture firm allegedly left McKafka Development Group hanging, delaying construction on its 90-unit high-rise called the Crimson in Miami’s Edgewater neighborhood, according to a lawsuit. McKafka, through its limited liability company Alpine Estates, accuses International Design Engineering and Architecture, or I.D.E.A. for short, of breaching […]

Source: http://pamplinmedia.com, April 4, 2017 By: Nick Budnick While PCC has blamed the construction company that built the Newberg building, claiming at least $3.4 million to cover costs, the construction company has instead faulted the college for its design of the building and accused school officials of failing to address the roof’s problems in a […]

Source: http://www.insurancejournal.com, April 7, 2017 Although a slim majority of insurance companies providing architects and engineers professional liability insurance saw their rates stabilize in 2016, nearly one in three experienced modest decreases in rates. That’s according to a new survey by insurance broker Ames & Gough finds that market competition and favorable claim results are […]

Source: https://www.irmi.com, March 2017 By: Jeff Slivka, New Day Underwriting Managers LLC Responsibilities were clearly defined under the design-bid-build model that dominated the commercial construction industry over a decade ago. Today, the trend toward design-build, fast-tracking, and accelerated delivery methods—coupled with the desire to take on new projects requiring an expanded level of experience or […]

Source: http://www.lexology.com, March 7, 2017 By: W,. Gerald McElroy, Jr., Zelle LLP This article was first published in Insurance Law360. To read this article in PDF format, please click here. Environmental impairment liability (EIL) policies currently available in the market provide very broad coverage. Thus, an EIL policy may provide coverage for an insured’s owned site […]