What owners need to know about mold litigation

What owners need to know about mold litigation

No group has been more severely impacted by litigation relating to mold than the insurance industry. These claims have meant big losses for insurers, and to date, the residential segment of the industry has been hit the hardest. Texas insurers reported that policyholders filed 228 mold claims of ove...

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Veröffentlicht in:Heating/Piping/Air Conditioning Engineering : HPAC 2002-09, Vol.74 (9), p.36-42
Hauptverfasser: GOLDSTEIN, Heidi, STRIEFSKY, Linda
Format: Magazinearticle
Sprache:eng
Schlagworte:
Applied sciences
Asthma
Damage claims
Energy
Exact sciences and technology
False information
Fungi
General, economic and professional studies
Insurance claims
Insurance companies
Insurance coverage
Insurance industry
Insurance policies
Liability
Liability insurance
Litigation
Media coverage
Policyholders
Property damage
Risk assessment
Sick building syndrome
Staff. Occupational work. Work management. Control. Safety. Accidents. Professional diseases
State court decisions
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Zusammenfassung:No group has been more severely impacted by litigation relating to mold than the insurance industry. These claims have meant big losses for insurers, and to date, the residential segment of the industry has been hit the hardest. Texas insurers reported that policyholders filed 228 mold claims of over $15,000 in 2000 and 1,188 claims for that amount during the first half of 2001. State Farm Lloyds reported $648 million in underwriting losses in Texas through October 2001.
ISSN:1527-4055
2162-2426