Top Insurance Industry Brief Insurance Policy Insurance Carrier Content for Mon.Mar 25, 2024

Court Says Builder’s Risk Policy Limited Coverage for Additional Insureds

The Property Insurance Law Observer

MARCH 25, 2024

In BCC Partners, LLC v. Travelers Prop. Cas. Co. of America , 2024 WL 1050117 (E.D. Mo. March 11, 2024), the Court determined that the plaintiff property owner, as an additional insured, was not entitled to the same insurance coverage as the named insured where the builder’s risk policy limited the scope of recovery for soft costs and rental income.

Policy

Policy Risk Insurance Insurer

Appellate Division Rules That Claimants in Certain Circumstances Do Not Have to Reimburse an Employer’s Lien From a Third Party Recovery Until the End of the Workers’ Compensation Case

New Jersey Workers' Comp

MARCH 25, 2024

The unreported case of New Jersey Transit Corp. v. Joseph , No. A-1194-22 (App. Div. March 19, 2024) has thrown a wrench into the common understanding of when to resolve third party liens in New Jersey. The facts that are supplied in the case are not detailed. Darshelle Joseph was injured on October 23, 2019, during the course of his employment with New Jersey Transit.

Workers Compensation

Workers Compensation Compensation Liability Insurance Carrier

Mon.Mar 25, 2024

Court Says Builder’s Risk Policy Limited Coverage for Additional Insureds

Appellate Division Rules That Claimants in Certain Circumstances Do Not Have to Reimburse an Employer’s Lien From a Third Party Recovery Until the End of the Workers’ Compensation Case

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