Andrew Tobin and Laura Dowgin, of Cozen O'Connor's Global Insurance department, will present a webinar titled, "What is a "sudden" damage in an All-Risks insurance policy?" All-Risk property, machinery breakdown, and other similar policies often provide cover for "sudden and accidental" physical damage. The coverage requirement for "suddenness" is often overlooked or assumed to be merely an aspect of fortuity. The presenters will demonstrate, with reference to cases from the United States, Singapore, South Africa, and other common law jurisdictions, that courts around the world are consistently holding that suddenness is an important and independent coverage condition for insureds to prove with evidence. The presentation is recommended for insurance case handlers and in-house attorneys, especially those handling property, engineering, and machinery breakdown policies both in the United States and around the world.
The presenters will cover:
The types of policies covering "sudden" damage
Examples from All-Risks Property, Machinery Breakdown, and Aviation policies
A discussion of recent U.S. and British Commonwealth case law interpreting the "suddenness" requirement