Katrina victims win round when federal court holds the insurance policy ambiguous
Updated: A Mississippi federal district court has held State Farm's insurance policy form ambiguous and that State Farm must pay for wind and water damage even if tidal surge caused later caused further destruction, reports the SunHerald.
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The effect of giving an insurer late notice on a otherwise covered construction claim
Marc Mayerson over at the Insurance Scrawl does his usual masterful job discussing recent case law on when late notice results in forfeiture of insurance coverage.
Posted In Construction Claims & Disputes , Construction Contracts , Construction Law , Insurance , Insurance Bad Faith , Insurance CoverageComments / Questions (0) | Permalink
Mississippi homeowners accuse State Farm of one-size-fits-all investigation of Katrina damage
Mississippi Gulf Coast homeowners have accused State Farm Insurance in a new lawsuit of pressuring adjusters and engineers to rely on an engineering report alleging Katrina's storm surge arrived before its windd did any damage reports MSNBC.
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Insurers bail out on coastal communities
On the eve of hurricane season home insurers are cancelling policies or refusing to write new ones in many coastal communities reports the Clarion Ledger.
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Bifurcation of the trial required in insurance bad faith cases
Evidence relevant only to the question of bad faith may only be heard by the jury in the second phase of a bifurcated trial, a panel of the Mississippi Supreme Court held last week. Link
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Engineer says his signature forged on Katrina insurance damage report
The SunHerald reports on an engineer's charge that his findings were altered, his name forged and whole exhibits removed from reports he prepared for use by an insurer in deciding whether hurricane damage was caused by wind or storm surge.
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Enough is enough says a federal judge
In four paragraphs a federal trial judge disposed of 19 motions in an insurance bad faith case.
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Do new mold and construction defect exclusions comply with renewal rule?
Marc Mayerson at the Insurance Scrawl discusses the "renewal rule."
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Insurance Lessons from Katrina
David Nelson at the Louisiana Law Blog suggests everyone prepare for the next storm by reviewing their property insurance coverage.
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Katrina Insurance battle begins in earnest in Mississippi
MSNBC outlines the emerging litigation, which includes (i) Attorney General Hood Jim Hood's ominibus case, (ii) Richard "Dickie' Scrugg's suits for Senator Lott, Representative Taylor and a host of others, (iii) Richard Phillips' class action and (iv) others attorneys suits on behalf of individual owners.
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Two more construction industry insurers merging?
MSNBC reports today Zurich Financial Services and St. Paul Travelers Cos. are in merger talks.
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