Builder'S Risk

  • QUICK NOTE: IMPORTANCE OF EQUIPMENT FLOATER INSURANCE

    … insurance is not universally the same so the contractor needs to ensure the insurance covers the risks and types of owned, leased, and loaned equipment utilized. (For more information on insurance applicable to construction projects, check out this chart.) Please contact David Adelstein at dadelstein@gmail.com or (954) 361-4720 if you have questions or would like more information regarding this article. You can follow David Adelstein on Twitter @DavidAdelstein1. …

    Florida Construction Legal Updates- 11 readers -
  • ENSUING LOSS EXCEPTION IN PROPERTY INSURANCE POLICIES

    … Property insurance policies such as builder’s risk policies contain a design defect / faulty workmanship exclusion (as well as other exclusions for excluded risks or perils). But, certain exclusions such as the design defect / faulty workmanship exclusion may contain what is referred to as the “ensuing loss exception.” Stated differently…

    Florida Construction Legal Updates- 18 readers -