Tag: horizontal exhaustion rules

Who Pays First? Manuscript Priority Language Enforced by NY CourtApr 08, 2016

This week, as part of IRMI’s Expert Commentary Series, Gregory D. Podolak and H. Scott Williams authored an article addressing recent insurance developments and the resulting impact on the construction risk transfer process. Using a recent case in New York, the article discusses the routine failings of horizontal exhaustion and how creative problem solving can better reflect the risk transfer intent. Click here to read the article…  

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Upcoming Webinar on the Impact of Horizontal vs. Vertical Exhaustion Rules on Multiple Layers of CoverageAug 18, 2015

On Wednesday, September 9, SDV’s own David Jordan will be co-presenting a webinar for Strafford Publications that will discuss vertical vs. horizontal insurance coverage exhaustion in construction defect disputes. The program will analyze: the impact of exhaustion on allocation between the contractor’s primary and excess coverage the priority of payment between the contractor and its subcontractors the impact on additional insured coverage The program will also discuss best practices for…

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