After Procuring Insurance for Its Developer/General Contractor Client, a Broker Owes No Duty to an Insured Subcontractor under an OCIP to Advise that the Carrier Has Become Insolvent

by | Jul 26, 2012 | Newsletter Article

A project developer engaged an insurance broker to obtain insurance for a new construction project, and the broker placed an Owner Controlled Insurance Program (OCIP) with $25 million of liability coverage for 10 years after completion of the project that later became...

Analyzing Additional Insured Endorsements

by | Jul 18, 2012 | Newsletter Article

M. Claire Juliana J.D Additional insured endorsements are a routine request for policyholders having to satisfy contractual obligations to their clients and other parties.  But, there is a seemingly limitless variety of endorsements and an equally impressive amount of...

Indemnification Clause Requires Subcontractor to Indemnify Prime Contractor Regardless of Finding that Sub was not Negligent, and the Additional Insured Endorsement Requires Insurer to Cover the Prime for Damages not Caused by Sub’s Negligence

by | Mar 16, 2012 | indemnification clause, Newsletter Article

Where a pipeline was damaged when it was struck by sheeting being installed by a sub-subcontractor while installing lift stations along a pipeline previously installed by the prime contractor, the sub-subcontractor was found to be liable to its client (ECI...