Although Crestbrook covered many of the Bucholzes' losses, it denied a generalized claim for mold growing in their walls and heating, ventilation, and air conditioning system.
Even though the district court misapplied the burden-shifting analysis from Texas insurance law, the Fifth Circuit affirmed the verdict in favor of Crestbrook because the insurer successfully "demonstrated that a generalized mold claim [was] excluded under the policy" purchased by the insureds.
CP 03 20 04 18 Multiple Deductible Form. It can be applied to the builders risk, building and personal property form, condo association form, condo commercial unit-owners form, standard property policy and tobacco sales warehouses coverage form.
Looks at the differences in claims-made vs occurrence coverages, and how the retro date affects coverage under the claims-made form.
The policyholders claimed they should have been offered another opportunity to waive stacking for UM/UIM coverage when they removed a vehicle from their auto policy.
Florida's recent "tort reform" bill has upped the ante for policyholders seeking to hold insurance companies accountable for bad faith.
A unanimous Pennsylvania Supreme Court has ruled that removing a vehicle from an auto policy does not create another opportunity to waive stacking for UM/UIM coverage.
An insured is arrested because he lied about pre-existing damage to his vehicle when reporting a claim to try to get the damage covered.
A vehicle is sent to an insured but it never arrives; is there coverage?
The judges of the Commonwealth Court of Pennsylvania pointed out that, while "coverage" refers to a specific risk included by an insurance policy, "reimbursement" means paying someone back for money already spent.