Category: Property Law

New Jersey Strengthens the Structural Integrity of Its Residential Builds — Gravel2Gavel Construction & Real Estate Law Blog — February 13, 2024

In response to the June 2021 Champlain Towers collapse in Florida, New Jersey supplemented its State Uniform Construction Code Act by enacting legislation (effective January 8, 2024) to strengthen laws related to the structural integrity of certain residential structures in the State. The legislation applies to condominiums and cooperatives (but not single-family dwellings or primarily […]

Should Independent and Public Adjusting Firms Be Subject to Market Conduct Studies?

Is there any downside to departments of insurance making independent and public adjusting firms subject to market conduct studies? While market conduct studies, also called market conduct examinations, are common regarding insurance companies, why shouldn’t there be regular market conduct studies of the adjusting organizations? From the policyholder’s perspective, I would hope that it would […]

Wiped Out From a Latest Flood? The Constructive Complete Loss Doctrine Does Not Apply to Flood Insurance coverage

Nationwide Flood Insurance coverage claims are solely regulated by federal legal guidelines and federal frequent regulation. State guidelines don’t apply. Policyholders and public adjusters have to be additional cautious and make sure claims are offered to the letter of the regulation, as famous in Policyholders and Not Their Attorneys Have to Signal Flood Proof of Loss […]

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