Source: https://www.businessinsurance.com/, November 17, 2025 By: Claire Wilkinson The U.S. property/casualty insurance industry’s net asbestos liability reserves declined again last year, even as net incurred asbestos losses and loss adjustment expenses jumped by 29%, S&P Global Market Intelligence said Monday. The increase in asbestos losses and costs raises concerns about reserve adequacy and evolving litigation […]

Source: https://www.insurancebusinessmag.com/, November 17, 2025 By: Matthew Sellers A West Virginia appeals court has upended insurer defenses in a major construction defect case, spotlighting coverage duties and notice requirements for commercial liability carriers. On November 13, 2025, the Intermediate Court of Appeals of West Virginia reversed key parts of a lower court’s ruling in a […]

Source: https://www.insurancebusinessmag.com/, November 17, 2025\ By: Matthew Sellers A West Virginia appeals court has upended insurer defenses in a major construction defect case, spotlighting coverage duties and notice requirements for commercial liability carriers. On November 13, 2025, the Intermediate Court of Appeals of West Virginia reversed key parts of a lower court’s ruling in a […]

Source: https://www.constructionbusinessowner.com/, November 13, 2025 By: Jacob A. Epstein & Kara Olesky Most Florida construction professionals and any property owners who have lived in new condominium buildings are likely familiar with what attorneys in Florida refer to as the “558 process,” a legal process in which a property owner — whether an individual owner or a […]

Source: https://www.newsbreak.com/, September 30, 2025 By; Edmond Thorne Walk through any suburban Florida neighborhood built between 2005 and 2022, and you’ll likely see rows of two-story homes with smooth stucco exteriors. What you won’t see, at least not right away, is the rot, mold, and structural decay festering beneath those walls. The so-called “billion-dollar stucco […]

Source: https://www.gmtoday.com/, September 30, 2025 By: Rafael Olmeda Hundreds of homes built by the Miami-based Lennar Corporation on tribal land over the last five years are in such shoddy condition that no one can safely live in them, according to a lawsuit against the construction company filed by the Seminole Tribe of Florida. The lawsuit […]

Source: https://www.liveinsurancenews.com/, June 5, 2025 By: G. Turner Construction defects can cause serious headaches for homeowners. Cracked walls, faulty railings, water damage—what happens when these expensive issues arise? The big question is, who foots the bill? Is it the construction company? Or does the insurance company step in? The legal battle between Amerisure Insurance Co. and […]

Source: https://www.yahoo.com/, May 5, 2025 By: Lauren Edmonds 432 Park Avenue, the narrow 1,396-foot-tall residential skyscraper on New York City’s Billionaires’ Row, was advertised as an architectural marvel when tenants first moved in nearly a decade ago. Now those tenants say the luxury tower is beset by cracks, leaks, elevator malfunctions, and relentless noise. Read more.

Source: https://www.insurancebusinessmag.com/, April 24, 2025 By: Matthew Sellers A federal appeals court has ruled that Phoenix Insurance Company wrongfully denied its duty to defend Wehr Constructors, Inc., in a dispute stemming from mold and construction defects at a Kentucky hospital. The Sixth Circuit Court of Appeals issued its decision on April 18, reversing a lower […]

Source: https://www.middletownpress.com/, April 17, 2025 By: Shaniece Holmes-Brown State officials found asbestos in the fill at a construction site in Trumbull Center following a resident’s complaint. The Connecticut Department of Energy and Environmental Protection investigated the mixed-use construction site at 900 White Plains Road last month after resident Chris Pettinella filed a complaint that there was asbestos at the […]

Source: https://www.insurancejournal.com/, March 20, 2025 A new report identifying commercial litigation waves likely to pick up steam in 2025 highlights one particular theme that could further lengthen the tail of general liability claims for insurers writing policies for contractors and builders. The 2025 “Commercial Litigation Outlook,“ published by the law firm Seyfarth Shaw provides an […]

Source: https://www.insurancejournal.com/, March 20, 2025 A new report identifying commercial litigation waves likely to pick up steam in 2025 highlights one particular theme that could further lengthen the tail of general liability claims for insurers writing policies for contractors and builders. The 2025 “Commercial Litigation Outlook,“ published by the law firm Seyfarth Shaw provides an […]