by Earl Wallace | May 2, 2017 | News
The buyer is seeking protection against any financial loss arising from breaches of representations made by the seller. Sellers, meanwhile, buy policies to protect themselves against financial loss arising from buyers who claim those breaches. AIG is one of the...
by Earl Wallace | April 30, 2017 | News
Caption Hollywood building sold at auction Construction on the H3 Hollywood condominium stopped last year, and the building was sold at a foreclosure auction Tuesday. Construction on the H3 Hollywood condominium stopped last year, and the building was sold at a...
by Earl Wallace | April 29, 2017 | News
Michigan courts sided with Nationwide because the loss was not the result of an accident and because it was the result of an increased hazard within the insureds knowledge and control. A 2016 federal district court ruling out of Colorado (Green Earth Wellness Center...
by Earl Wallace | April 26, 2017 | News
Although marijuana possession is legal in many states, that is not the final insurance answer. Insurance coverageis very much an open question for a variety of reasons including that policies typically do not mention or are ambiguous about marijuana, possession is...
by Earl Wallace | April 25, 2017 | News
On Wednesday, the Florida House Commerce Committee voted 14-7 to advance a bill that would sharply restrict the ability of trial attorneys to recover fees from insurance companies after settling lawsuits tied to assignments of benefits. The bill now heads to the House...