Source: http://www.propertycasualty360.com, October 31, 2014 By: Jeff Slivka More projects are using IPDs to reduce errors and save money and time. But they don’t always fit with traditional professional liability insurance tools. In spite of fluctuations in the economy, there is good news for the commercial building industry. According to the Architecture Billing Index (ABI) […]
Read here about Wynn Resorts plans to clean up pollution at the site of a former chemical plant.
Source: http://www.lexology.com, October 29, 2014 By: Eliot R. Hudson, Carl H. Poedtke III and Stephen W. Schwab, DLA Piper LLP Casualty insurers normally do not expect to pay the cost of their insureds simply doing a good job. Insurers typically view their contracts as assuming the risk of delineated consequences – damages – if the […]
Source: http://www.mondaq.com, October 29, 2014 By: Marshall Gilinsky and Diana Shafter Gliedman, Anderson Kill Originally published in Anderson Kill’s Policyholder Alert, October 2014 As Americans absorb news of the first Ebola cases on U.S. soil, job one is to maintain perspective, and confidence in the ability of U.S. public officials and health care providers to […]
Source: http://www.greenbaypressgazette.com, October 25, 2014 By: Paul Srubas NCR Corp. continued to produce carbonless copy paper well after learning a chemical involved in the manufacturing process posed a long-term risk to human health and the vitality of the Fox River, a federal appellate court has found. The company knew long before area paper recyclers did […]
Source: http://www.watertowndailytimes.com, October 28, 2014 By: Ted Booker To foreclose on a tax-troubled North Main Street property in the village, Jefferson County soon will choose either to pay the state Department of Environmental Conservation about $160,000 for clearing it of contamination, or wait for the state to claw back that cost from the property owner. […]
Source: http://www.businessinsurance.com, October 26, 2014 By: Douglas McLeod Ace Ltd. issues exclusion for some policies The possible spread of the Ebola virus in the United States is raising coverage concerns under commercial insurance ranging from general liability to the business interruption protection of property policies. Potential problems — such as whether an Ebola case triggers […]
Source: http://www.lexology.com, October 23, 2014 By: Anthony B. Cavender, Pillsbury Winthrop Shaw Pittman LLP On October 20, 2014, the U.S. Court of Appeals for the Tenth Circuit unanimously affirmed the lower court’s ruling that the commercial liability insurance policies purchased by Headwaters Resources, Inc. contained unambiguous “pollution exclusion” provisions which excluded Headwaters’ demand that its […]
Source: The Charleston Gazette (WV), October 26, 2014 Posted on: http://envfpn.advisen.com One of the nation’s best-known experts on the Marcellus Shale concluded that more investigation is needed before a Houston firm is allowed to move forward with natural gas wells near the site of a “near-catastrophic” fracking incident at a Marshall County chemical plant. Penn […]
Source: http://www.jdsupra.com, October 24, 2014 By: Gilbert Lee, Sedgwick LLP In State Farm Fire & Casualty Co. v. McDermott, 2014 WL 5285335 (E.D. Pa. Oct. 15, 2014), a federal court recently held that an insurer has no duty to defend or indemnify its insured against an underlying construction defect lawsuit containing causes of action sounding […]
Source: http://www.insurancejournal.com, October 23, 2014 By: Carolyn Cohn, Rihard Naidu and Avik Das As fear of Ebola infections spreads to developed economies, U.S. and British insurance companies have begun writing Ebola exclusions into standard policies to cover hospitals, event organizers and other businesses vulnerable to local disruptions. As a result, new policies and renewals will […]
Source: http://www.athleticbusiness.com, October 2014 by: Lucas Sullivan, The Columbus Dispatch Columbus will spend about $1.6 million to clean up a Near East Side park where contaminants from an old fertilizer plant were found in the soil. Last night, the Columbus City Council unanimously approved spending $309,000 for engineers to design a drain system for the […]
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