Remove Agreement Remove Consulting Remove Insurance Remove Liability
article thumbnail

#128:  Waivers of Subrogation

NH Construction Law

Subrogation – the right of an insurer, upon paying an injured party’s damages arising out of a negligence claim, to chase the negligent party for reimbursement – is a staple of the law. And the insurer will have no say in the matter. Notice that this clause expressly addresses only property insurance.

article thumbnail

Louisiana Court Enforces AIA Wavier of Subrogation to Preclude Carrier’s Recovery

Constructlaw

Fire broke out, resulting in a loss that was paid by the owner’s builder’s risk insurance. or other property insurance applicable to the Work, except such rights they have to proceeds of such insurance held by the Owner as fiduciary. Myers Construction Corp., 3d 500 (La.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PSMJ Resources Blog: XL Insurance Enters Collaborative.

PSMJ Resources

XL Insurance Enters Collaborative Agreement With PSMJ Resources, Inc. XL Insurance’s Design Professional group, specializing in professional liability insurance for architects and engineers and a part of the global underwriting operations of XL Group (NYSE: XL), and PSMJ, Resources, Inc., PSMJ Resources, Inc.

article thumbnail

Common Law Analysis – Pay-if-paid, Pay-when-paid & Liquidating Agreements in Construction Contracts

Construction Law Monitor

Liberty Mutual Insurance Company (“Sloan”), the US Court of Appeals for the Third Circuit has an in depth discussion regarding some technical yet very important clauses found within many construction contracts between general contractor, subcontractors, owner and the surety. Liquidating Agreement. Sloan pg 17. Lawyer, Oct.

article thumbnail

JOC Tutorial #71 – Terms

Job Order Contracting

f) “Job order contractor” – a licensed, bonded, and general liability insured contractor awarded a job order contract. (g) j) “Project labor agreement” – an agreement that meets the requirements of applicable regulations. (k)

article thumbnail

Unlimited liability for designers and contractors

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. Sverdrup no longer exists.

article thumbnail

constructionattorneyblog: Limitation of Liability in new AIA Document

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. . Here it is: § 8.1.3