Bad news and ... great news! Your rich Aunt Rose just passed away, but she has left you a 3,000 square foot vacant lot in Brooklyn! The property is transferred over to you (along with the real estate taxes), and you hire an architect to determine what building you can construct to maximize the potential of this incredible stroke of fortune. You hear back from the architect, and she lets you know that there is [...]
The insurance company bears the burden to establish the applicability of any exclusion. Insurance policies limit coverage through the use of exclusions written into the policy. The insurer bears the burden to establish the applicability of any exclusion. Expected or Intended Injury Exclusion (a) in the standard CGL policy excludes any injury or damage that is "expected or intended from the standpoint of the insured." This form of intent relates to the insured's state of [...]
On Nov. 8, 2023, Los Angeles Mayor Karen Bass signed Executive Directive No. 7, which aims to streamline and accelerate housing production in Los Angeles. Bass stated in a press release: "I am taking action to make living in Los Angeles more affordable by signing this executive directive to incentivize more housing to be built for people of all income levels, with an emphasis on affordable housing and mixed income housing, to begin to address [...]