Archives: Insurance and Risk Management

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Is that Certificate Listing You as an Additional Insured Worth the Paper It’s Written On?

A trend, and now common practice, in the construction industry is for an owner or contractor to require contractors and subcontractors to name it as an additional insured (“AI”) on their commercial general liability (“CGL”) insurance policies. The goal is to shift risk to those performing the work by having a subcontractor’s insurance policy, rather … Continue Reading

Construction Defect Claims: Insurance Coverage Under South Carolina Law

By: Josephine H. Hicks, Parker Poe Partner Construction projects often result in damages claims for construction defects. Securing insurance coverage for those claims will depend on many factors, including the specific facts and damages at issue, and which state’s law governs. The standard commercial general liability policy (“CGL”) provides coverage for “property damage” that is caused … Continue Reading

Notice and Opportunity to Repair Statutes and CGL Carriers’ Duty to Defend: The Eleventh Circuit Weighs In, Sort of, on Florida’s Statute and an Insurer’s Duty to Defend

Over recent years and after a push from construction trade groups, states across the county adopted notice and opportunity to repair (“NOR”) statutes. The statutes generally provide that before a property owner initiates an action in court against a builder, the owner should give the builder notice of the alleged defect, permit the builder to … Continue Reading