The concept of builder’s risk insurance revolves around providing coverage for potential losses that occur during the construction or renovation of a building or infrastructure project. Builder’s risk insurance can also cover losses caused by delays in construction projects due …
Workers’ compensation subrogation has another growing adversary—one that can slip in during the cover of night, gutting subrogation, and reimbursement rights, even after an insurance company or third-party administrator has spent tens of thousands of dollars in recovery efforts. It …
A federal appellate court revived products liability claims filed by an offshore oil rig operator and its insurer against the manufacturer of a blowout prevention device that failed to prevent a catastrophic blowout that caused $70 million in damages. The …