Who Pays for Construction Defect Damages? Amerisure Case Sheds Some Light Construction defects can cause serious headaches for homeowners. Cracked walls, faulty railings, water damage—what happens when these expensive issues arise? The big question is, who foots the bill? Is it the construction company? Or does the insurance company step in? The legal battle between Amerisure Insurance Co. and The Peninsula at St. John’s condominium in Florida offers an interesting look at the answer. But heads up, this case is just one example, not a universal rule. Every situation is…
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Are California Insurance Giants Playing Fair? Homeowners Say No, and They’re Suing
California Lawsuit – Short Insurance News Update California homeowners are turning to the courts in a fight over what they say is more than just insurance policies gone awry. Two separate lawsuits accuse major insurers like State Farm, Farmers, and others of colluding to push policyholders onto California’s FAIR Plan, a last-resort insurance pool that delivers bare-bones coverage at premium prices. Here’s the crux of the argument. The lawsuits, filed in Los Angeles County, allege that insurers deliberately scaled back coverage and dropped customers in wildfire-prone areas. The FAIR Plan,…
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