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Article 29-07-2022
Florida Building Safety Bill signed by Florida Gov. DeSantis
Governor DeSantis signed Senate Bill 4D (“SB 4D”) relating to building safety into law on May 26, 2022, on the same day he signed Senate Bill 2D relating to property insurance. The bill was proposed and passed following the collapse of the Champlain Towers South condominium in Surfside, Florida in June 2021.
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News 29-07-2022
Lift off for Kennedys with three new partner hires and ninth US office opens in Houston, Texas
We are delighted to announce we have opened a new office in Houston, Texas – our second in the State and ninth in the US.
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News 20-07-2022
Kennedys acquires dynamic team in Florida and New York as firm marks five year anniversary of North American expansion
We are pleased to continue US expansion with the strategic addition of three new partners, further enhancing our US and Bermuda insurance claims and coverage bench.
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News 13-07-2022
Kennedys finds (re)insurers’ changing underwriting practices key to net zero transition
Today we announced the launch of our in-depth report, 'Rewriting the risk: Addressing the challenges of climate change', which finds that the underwriting practices of (re)insurers are a major catalyst for change among businesses in the ongoing climate crisis.
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Report 13-07-2022
Rewriting the risk: Addressing the challenge of climate change
Our latest global report finds that the insurance industry has a central role in building wider understanding about climate-related risks and in mitigating against those risks.
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Article 23-06-2022
The Building Safety Act 2022: key points for Scottish practitioners
Five years on from the Grenfell Tower fire, the Building Safety Act 2022 is set to make major changes to the law and practice of the construction industry when it starts to come into force at the end of this month.
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Article 20-06-2022
Limitation and the UK Building Safety Act: new claims and what insurers may have missed
The Building Safety Act 2022 became an Act of Parliament on 28 April 2022, bringing with it the most wide-ranging changes to building safety that the UK has ever seen. We consider its impact on the insurance sector.
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Article 16-06-2022
Louisiana appellate court reverses COVID-19 coverage ruling
A Louisiana intermediate appellate court issued its decision in the appeal of Cajun Conti, LLC et al. v. Certain Underwriters at Lloyd’s, London et al., Case No. 2021-CA-0343, on June 15, 2022. The plurality decision of the court is notable as it is the first appellate ruling in the country to have reversed a trial court’s order in favor of insurers and find coverage under standard commercial property policy language for business interruption loss related to the COVID-19 pandemic.
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Article 15-06-2022
Florida Property Insurance Reform Bill signed by Florida Gov. DeSantis
Governor DeSantis signed Senate Bill 2D (“SB 2D”), relating to property insurance, and Senate Bill 4D (“SB 4D”), relating to building safety, into law on May 26, 2022. The bill, SB 2D, enacts pro-consumer measures to help alleviate rising insurance costs, increases insurance claim transparency, and cracks down on frivolous lawsuits which drive up costs for all Floridians. It amends certain prohibited advertisement practices for contractors, and reigns in property insurance bad faith litigation and litigation by assignees.
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Article 01-06-2022
Property insurance in Spain: consequences of risk aggravation and considerations on mandatory loss adjustment proceedings
In this article, we outline the Spanish Supreme Court decision number 712/2021, which clarifies the consequences of a lack of communication of risk aggravation after a loss occurrence.