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Timely Notice is your on-the-go source for sharp takes and expert analysis of the latest trends, breaking news, and sea-changes in global insurance law. 

Sep 20, 2018

Mike Lettiero, a partner in Goldberg Segalla’s Hartford Office, discusses Karas v. Liberty Insurance Corp. and the Connecticut Supreme Court’s agreement to answer a certified question from a federal district court concerning what constitutes “collapse.” Mike first outlines the background behind Karas and its importance in Connecticut due to a rash of crumbling foundations in certain parts of the state. Mike then explains how the Supreme Court will interpret “collapse,” considering the question against the backdrop of analogous case law nationwide. Mike concludes with an analysis of the significance of Karas in Connecticut and elsewhere given the paucity of case law on what constitutes “collapse,” particularly in the first-party context.