SDV Insights

Finding coverage under an insurance policy often hinges on the appropriate application of very specific terms, for example, "you" and "your" and the party to whom these terms are intended to apply. If not read accurately, an additional insured could jeopardize coverage by failing to indentify which notice requirements within a policy apply to them and which are the responsibility of the named insured.

After a successful run in New York City, SDV and our co-sponsors are bringing this half-day seminar to Chicago on Tuesday, October 6 , from 2:30 pm - 6:30 pm, at The Union League Club of Chicago, 65 West Jackson Blvd, Chicago, IL.

Tomorrow, the Oregon Supreme Court will hear argument in a dispute that could change how underlying judgments are treated in construction defect coverage disputes.

Before ordering Interstate Fire & Casualty Co. and Fireman's Fund Insurance Co. to pay a $25.5 million punitive damages judgement that technically was not covered by the policy, U.S. District Judge Alan B. Johnson had some choice words for the insurers.

As part of SDV's highly popular State by State Survey series, we are proud to announce the release of our greatly anticipated survey on Workers' Compensation Immunity.

An expert panel will explore the current state of cyber risk and its impact on the construction industry. Discussion will include typical risks such as business interruption losses due to network downtime and state mandated penalties for allowing personal/confidential information to be compromised.

In construction, subcontractors are often asked to obtain additional insured coverage for contractors who hire them. Worksite injuries are common, and in New York, injured parties sue frequently. That is why additional insured coverage is vitally important.

Coverage under commercial general liability (CGL) policies for construction defects is laden with issues, with insureds often needing to litigate basic policy terms.

n Wednesday, September 9, SDV's own David Jordan will be co-presenting a webinar for Strafford Publications that will discuss vertical vs. horizontal insurance coverage exhaustion in construction defect disputes.

Today's climate of corporate mergers paired with conservative document retention policies often results in lost or destroyed insurance policies. This proves problematic when companies are unexpectedly faced with long-tail injury claims, e.g. asbestos and environmental claims.