The California Department of Insurance has issued a bulletin reminding insurers that the doctrine of efficient proximate cause prevails in first party insurance disputes.
Under the new law neither Fla. Stat. 626.9373 nor 627.428 apply as both sections now state that "in a suit arising under a residential or commercial property insurance policy, there is no right to attorney fees …"
This column surveys a variety of Southern District of New York cases from the past 12 months, highlighting the key features of these demonstrated (or alleged) insurance frauds.
"If you want to change the market, you have to be willing to set the market with your case," plaintiff counsel Thomas Scolaro said.
"As an initial matter, whether COVID-19 causes direct physical loss or damage under a property insurance policy is an open question in Colorado," Judge Timothy M. Tymkovich said. "Relying on relevant precedent from Colorado and other jurisdictions, we answer that question in the negative and conclude Sagome was not covered."
The victim sued the bank in a premises-liability action after he was shot in the head on bank premises after banking hours.
Governor De Santis has signed into law (effective January 1, 2023) a number of property insurance reforms that will help to stabilize the market in the state that are briefly discussed in this article. The full effect of these changes including the elimination of one-way attorney fees and assignment of benefits (AOBs) will take some time.
Summary of the lastest emergency order from the Colorado Divison of Insurance regarding ALE and payments.
Is a building attached to the dwelling by a power line part of Coverage A or Coverage B?
A rideshare passenger claims he was injured when exiting the vehicle.