Kenneth W. Cobleigh, managing director and counsel of AIA Contract Documents, writing for Construction Executive, highlighted some of the major impacts that the 2017 revision to the fairly ubiquitous A201 contract language might have on projects: The single most significant 2017 revision to the A201 Family is the creation of an Insurance and Bonds Exhibit to accompany the … Continue reading Here’s what you need to know about the new AIA A201 contract language and insurance requirements
Tag: Insurance Law
Reservation of Rights, and the need for your own attorney during a dispute
Melissa Dewey Brumback, a partner at North Carolina-based Ragsdale Liggett PLLC, recently tackled the subject of what to do as design professional if you have received a "Reservation of Rights" letter from your insurer as part of a claim against your firm. As she explains: Reservation of Rights (ROR) letters are sent for a variety … Continue reading Reservation of Rights, and the need for your own attorney during a dispute
Insurance Guru Eugene Anderson Dies; Known for ?Triple Trigger,? Hitchhiking to Harvard | ABA Journal
As a foster child growing up in Portland, Ore., in the 1930s, on farms and in an orphanage, Eugene Anderson must have seemed an unlikely prospect for success as a New York lawyer. However, he not only put himself through the University of California, ...
Reserves Are Important in Insurance Coverage and Bad Faith Claim Disputes
Most of you are familiar with the concept of reserves. How many of you are familiar with the role of reserves in a bad faith case? Is this type of information even discoverable? Although it might not sound terribly significant, it is an important facto...