The Northwest Policyholder
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If You Purchase Contaminated Property, Is It Covered?
Can a policyholder that knowingly purchases contaminated property be covered for the costs of cleaning up that property under policies of insurance issued before the purchase? Yes, according to a new unpublished decision from the Washington Court of...
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New Ruling May Require Tailoring Cyber-Ransom Coverage
Cyber-ransom is the talk of the town when it comes to insurance these days, second only to social engineering fraud. A cyber-ransom event typically involves malicious code (malware) being installed on an individual computer or a system, typicall...
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Guest Feature: Apartment Owners' Liability for Loss of Renters' Personal Data [VIDEO]
Jul 06, 2016
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In case you missed this last week, our friends at HFO Investment Real Estate have published an excellent video (posted here with permission) featuring an extensive interview with Vice Presidents Heidi Tapasa and Ted Stark of USI Insura...
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Three Takeaways for NW Companies from Recent Cyber-Coverage Events
In the past few months we have seen a few new developments on the cyber-risk frontier, including a court decision in Arizona in the P.F. Chang’s case, and the emergence of social engineering fraud as a stand-alone coverage. Here are three action item...
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Insurance Implications Loom in Oregon's New Negligent-Construction Statute of Limitations
Last Thursday, the Oregon Supreme Court issued its opinion in Goodwin v. Kingsmen Plastering, Inc., 359 Or 694 (2016), holding that the deadline to file a negligent construction-defect claim is two years from the time a plaintiff knew or should have...
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In Washington, Coverage for Sole Proprietorship Must Include Broad Definition of "Insured"
I ran across a cautionary tale recently in a new Washington federal-court decision in Staheli v. Chicago Insurance Company. The lesson: in Washington, or any other community-property state, a liability policy covering a sole proprietorship must...
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