$40,000,000 Combined Settlement Case Issue: Insurance bad faith, denial of property insurance benefits Result: 8-figure settlement Our client was a Homeowners Association whose members included time share owners of a resort property in Napa County, California. The resort burned to the ground as a result of a wildfire. The client sought
Pillsbury & Coleman Achieves Landmark Decision that Strikes Down Insurers’ Occurrence Limit of Liability Endorsements
In a significant decision – the first of its kind in California – the Napa County Superior Court struck down five separate Occurrence Limit of Liability Endorsements (“OLL Endorsements”) that insurers were relying upon to limit coverage for a significant fire loss. Commercial insurers often employ OLL Endorsements as a mechanism for
Landmark Decision Strikes Down Insurers’ Occurrence Limit of Liability Endorsements
Commercial property insurers have routinely sought to limit their exposure for damage to particular buildings or properties by attaching so-called Occurrence Limit of Liability Endorsements (“OLL Endorsements”) to their policies. These endorsements purport to limit each carrier’s exposure to the specific values assigned to each building or property. They are almost always
Three Outstanding 7 & 8-Figure Settlements in Three Days
Pillsbury & Coleman partner, Ryan Opgenorth, successfully resolved three claims against three separate insurance companies arising out of damages to a resort caused by a recent California wildfire. Over the course of three days, Ryan and his team were able to secure two 7-figure settlements and one 8-figure settlement on behalf of