Reinsurance Law Blog

Reinsurance Law Blog

Tag Archives: Tenth Circuit

O.K. to depreciate labor in property loss — Tenth Circuit applying Kansas law

Posted in Contractual Liability
In Graves v. American Family Mutual, Graves had roof damage and damage to her kitchen ceiling after a hailstorm. Her American Family homeowner’s insurance policy provided for recovery of the “actual cash value” at the time of a covered loss as well as the “replacement cost” of the damaged property once repairs are completed. She… Continue Reading

Insurers split over other insurance provisions; limits for pro rata calculation — 10th Circuit Oklahoma

Posted in Contractual Liability
In Philadelphia Indemnity v. Lexington Insurance, both companies insured a school building which was damaged by fire.  The issue was which insurance company had to pay, and how much. The trial court ruled that Philadelphia had to pay 54% of the loss, while Lexington had to pay 46%.  Both insurance companies appealed and the Tenth… Continue Reading

$8M punitive damage award tossed out, no independent tort damages, 10th Cir. Kansas (unpublished)

Posted in Contractual Liability, New Case
In Underground Vaults v. Cintas Corp., Cintas and Underground were working together for a bid to store, digitize and retrieve documents for Boeing.  After their bid was accepted, Cintas figured it could make more money and cost Boeing less if Underground was cut out.  Underground sued for breach of contract and breach of fiduciary duty. The… Continue Reading
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