Assurance issued the plaintiffs a builder's risk insurance
Further, the court held that builder's risk insurance
is a form of inland marine insurance, and that "a builder's risk inland marine policy remains in effect until the building is complete, the owner accepts the building or the contractor's insurable interest terminates.
7, 2000, Defoe wrote a check to Liberty for $9,472 as an initial deposit for insurance coverage, including builder's risk insurance
, according to the lawsuit.
Editorial covers such topics as: construction lending, including lender liability, insurance and indemnification issues, including builder's risk insurance
, commercial general liability insurance and worker's compensation, building codes, requirements, violations and building official liability, construction industry bands and sureties, defenses available to a construction industry surety, bad faith, and, design services agreements.
1) in which, pursuant to a contractual agreement, the owner took out a builder's risk insurance
policy on behalf of himself, the general contractor and subcontractors.
Axis Surplus Insurance decided not pay the developer any funds under the builder's risk insurance
As the construction industry's multifamily sector begins to rebound, creating a spike in retailer brokers' demand for builder's risk insurance
, massive fires at construction sites near Denver, San Francisco, Houston, Des Moines, Rockville and Anaheim, Calif.
For one, they had an anchor tenant, the Great American Insurance Group, which in addition to agreeing to rent 530,000 square feet of office space in the new tower, just happened--coincidentally or not--to offer a specialty in builder's risk insurance
Schedule A insurance requirements invariably include, at a minimum, 100% performance and payment (surety) bonds, workers compensation coverage, commercial general liability insurance automobile liability insurance and builder's risk insurance