On August 1, 2013, the Washington State Supreme Court confirmed that Chicago Title Insurance Co. (“Chicago Title”) was liable for the acts of its agent for violating the Washington State anti-inducement statutes. These statutes limit to $25 the amount that an insurer can spend to purchase prizes, goods, wares, or merchandise in connection with any…
If a supplier of materials, worker, or subcontractor is not paid, a lien may be filed against your property. If that happens, you could pay twice for the same work or, even worse, the lien could lead to a lawsuit seeking to foreclose your home. Thankfully, there are ways to protect yourself from having to pay twice.
An all risk insurance policy provides coverage for all risks unless the specific risk is excluded. For example, if an all risks homeowner’s policy does not expressly exclude flood coverage, then the house will be covered in the event of flood damage. Some exclusions may include “ensuing loss” clauses. An ensuing loss clause limits the…