Brightwater Lawsuit
On Monday, April 19, King County filed a $74 million default termination suit against one of its Brightwater contractors and its surety. A copy of the complaint is available here. Download file
One Policy Limit or More? Division 1 Interprets Anti-Stacking Clause
Here is Division 1's most recent analysis on the arcane but important issue of how many policy limits are available in a situation where a carrier issues multiple year-to-year CGL policies and the insured becomes legally obligated to pay for damage that occurs over those multiple year but results from the same continuous or repeated cause (i.e., water seepage).
The answer, at least in this case with this policy language was: 1 policy limit, under the clause known as the anti-stacking provision.
Copy of opinion also available here Download file
Construction Humor
We missed April 1 this year, and vow not to do so in future. To make up for that omission, in the "what were they thinking" department: http://blog.miragestudio7.com/wp-content/uploads2/2007/09/construction_errors_error_mistake_slope_steep.jpg We'd be curious to know how this ended up, if anyone knows.
AGC Posts Upcoming Projects Resource
Following our post about the drop in construction spending, it is nice to note that the AGC has posted a nifty resource (called "Where's the Work") to help track current and upcoming public works projects. The website can be accessed here: http://www.agcwa.com/NewsandInfo/WherestheWork/
Construction Spending Dismal
It will come as no shock to most that construction spending is at its lowest since 2002. http://www.djc.com/news/co/12016545.html?cgi=yes
