In a recent edition of the Home Builder Advocate, the Home Builders Association of Metro Denver included an article entitled, “What was accomplished by the passage of House Bill 1394? What does it mean to our industry?” In defense of the HBA’s support of the bill, the article states: Since the signing of House Bill […]
Colorado Construction Litigation Blog
Later this week, our own Sheri Roswell, will moderate and participate in a panel discussion regarding Rocky Mountain Coverage and Current Trends. Other panelists will include: Robert N. Clark, Esq., Robertson Clark, LLP; Edward J. Godin, Esq., Godin & Baity; Michael A. Hearn, Esq., McKenzie Rhody & Hearn; Brad Ramming, Esq., Sweetbaum, Levin & Sands, […]
The United States Court of Appeals for the Tenth Circuit, interpreting Wyoming law, recently held that a reservation-of-rights letter from an insurance company to its insured was not sufficient to allow the insurer to recoup the costs of defending the insured in construction litigation. Rather than relying on a reservation-of-rights letter to seek recoupment of defense costs, an […]
In the August 2010 volume of The Colorado Lawyer, Ronald M. Sandgrund and Scott F. Sullan wrote an article entitled, “H.B. 10-1394: New Law Governing Insurance Coverage for Construction Defect Claims.” This article provides a unique perspective on the law, from two of its proponents. What follows is the text of the article by Messrs. Sandgrund and […]
As many of you are aware, in May of this year Governor Ritter signed into law Colorado House Bill 10-1394, soon to be codified as C.R.S. § 13-20-808(3). Among other effects, the bill retroactively changes the duty of insurers to defend construction professionals in construction liability cases. The bill faced staunch opposition from insurers, agents, […]
For those of you not familiar with IRMI, it is the International Risk Management Institute, Inc., a powerhouse in terms of providing accurate and insightful information regarding insurance and insurance coverage. According to its website, IRMI’s ” mission is to be the premier authority in providing expert advice and practical strategies for risk management, insurance, […]
On June 10, 2010, I had the privilege of speaking to members of the Construction Defect Claim Managers Association (“CDCMA”) in Irvine, California. The CDCMA’s purpose is to foster communication and trust amongst its membership and to permit continuing education, leading to effective and efficient claims handling methods and mechanisms for the benefit of insureds, […]
As previously discussed over the last few months in this blog, HB 10-1394 has been creating a lot of waves in the Colorado insurance industry and among those that it insures in the construction industry. A compendium of previous entries related to HB 10-1394 can be found here. The latest news is that Governor Ritter […]
After passing third reading in the Senate on May 4th, HB 10-1394 went to the Governor’s office for the first time. Because of pressure from insurance companies, the Governor’s office urged the parties interested in HB 10-1394 to continue working on compromise language and threatened that the bill would be vetoed if the parties could not […]
On Wednesday, the Senate Business, Labor & Technology Committee considered HB 10-1394 and referred the bill, unamended, to the Senate Committee of the Whole. The bill is currently calandered for Second Reading in the Senate on Monday, May 3rd. Prior to the hearing on Wedneday, stakeholders from all affected industries (homeowners, builders, subcontractors, insurers, and […]
