In Chicago, we often find property loss claims that occur at condominium units. Aside from general issues that come with all property claims, such as cause and origin of the loss and actual damages incurred, two issues should be investigated from the outset.
Product Recalls
As a property adjuster, you are familiar with losses caused by defective products. As subrogation attorneys, we are familiar with losses caused by defective products. Therefore, the Consumer Product Safety Commission (CPSC) released new product recalls that we believe you should know.
What is the Waiver of Subrogation Provision?
A waiver of subrogation clause is a contractual provision, which prohibits an insurance carrier from recovering monies they paid on a claim due to the negligence of a third party. This occurs when the insurance carrier's insured waives the right to recover any monies against the other party. A waiver...
What Is a Political Subdivision
A political subdivision is a local government entity created by the state to achieve its obligations. Still, the general rule for the definition is broad and includes every political body responsible for governmental activities in a geographic area smaller than that of the state. Examples include cities, counties, villages, towns,...
Product Recalls
Our product liability lawyers have experience litigating cases involving hundreds of different products, including industrial machinery, automobiles, and common residential and commercial appliances such as dehumidifiers, sump pumps, space heaters, fire compression systems, and more. As a property adjuster, you are familiar with losses caused by defective products. Therefore, we...
Intentional and Negligent Spoliation of Evidence
Spoliation of evidence generally involves the destruction of evidence that is relevant to a civil action that results in harm to a party’s case. Some states recognize it as a separate cause of action, which means that it can be a claim separate from the underlying case.
Assessing Damage to Personal Property Without Market Value
There are hundreds of cases and articles addressing how to assess damage to real and personal property. Using highly calculated formulas, the discussion typically focuses on how to determine market value of real property. Though beneficial to assess real property, these discussions fall short when they fail to address how...
Other Insurance Clause is Excess
Other insurance clauses, also known as excess clauses, seem to appear in every case with concurrent coverage under multiple policies. This common situation presents itself when an insured is driving a car owned by a friend or family member. Each insurance policy provides coverage for the accident, but both policies...
Product Recalls
As a property adjuster, you are familiar with losses caused by defective products. Therefore, we are trying to work with you to bundle these files to increase the settlement value and decrease your operational costs associated with adjusting each claim.
Right of Contribution from a Coinsurer or Concurrent Insurer
Did you know that Ohio law gives rise to two rights of contribution for an insurer? These two rights are from a joint tortfeasor, pursuant to Ohio Revised Code Section 2307.25; and from a coinsurer or concurrent insurer who provides coverage for the same loss.