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HomeInsurance LawRepresentations and Warranties Claims Anticipated to Return to Regular Ranges

Representations and Warranties Claims Anticipated to Return to Regular Ranges

Hunton Andrews Kurth LLP accomplice Syed Ahmad was quoted on July 20 in a Law360 article titled “R&W Insurance coverage Declare Frequency Anticipated To Normalize.”  The article mentioned the latest discount in R&W claims and business specialists’ expectations that declare frequency will return to regular ranges this yr.  Mr. Ahmad commented on the challenges policyholders could face when disputing claims in court docket.  Specifically, whereas there may be loads of case regulation concerning disputes between patrons and sellers over breaches of representations and warranties, there may be little or no precedent on how these disputes will play out between the insurer and the client.  As well as, Mr. Ahmad beneficial that patrons planning to incorporate an arbitration provision ought to specify required {qualifications} in order that the suitable arbitrators are resolving the dispute. 



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