Gregory Varga and Stephen Clancy Present on Earth Movement and Settling Exclusions for Property Insurance
Insurance and reinsurance
partner Gregory P. Varga
and associate Stephen O. Clancy
presented at the April 2012 meeting of the New England Claims Executives Association. The presentation focused on recent decisions around the nation that have interpreted and applied the earth movement and settling exclusions found in most commercial and personal lines property insurance policies. The presentation also addressed the impact of the Connecticut Supreme Court’s recent decision in Arrowood v. King
, which shifted to insurers the burden of proving prejudice caused by the late notice of a claim.