Insurance
Apr. 12, 2017
Courts won't enforce it just because it's in your policy
As one insurer recently found out, risk-shifting provisions in their policies — specifically, one which seeks to shift the cost of defense to another insurer — is not without its limitations. By Garret Murai
Garret D. Murai
Partner
Nomos LLP
Garret is the editor of the California Construction Law Blog at www.calconstructionlawblog.com.
CONSTRUCTION CORNER
If there's a truism in construction, it's that while construction projects can be risky, construction litigation is nearly always expensive. This volatile combination of risk and expense has made contractual risk shifting, primarily through indemnity and insurance provisions, among the most negotiated contractual provisions among project owners, ge...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In