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165 results found

Article

Steptoe & Johnson LLP | USA | 7 Dec 2012

Iowa Court of Appeals decision concludes that certain AIA contract provisions limit insurers’ ability to bring subrogation claims

In Federal Insurance Company v. Woodruff Construction, et al., Case No. 2-94612-0821, 2012 WL 5954588 (Iowa Ct. App. Nov. 29, 2012), the Iowa Court of Appeals affirmed the district court’s grant of summary judgment in favor of several contractors in a subrogation action, holding that the property owner’s first-party property insurer could not bring a subrogation claim against the contractors for water damage caused by the contractors’ negligence.

Article

Roetzel & Andress | USA | 18 May 2011

Iowa Supreme Court upholds state’s ability to assess income tax against out-of-state franchisors

Recently, in KFC Corporation v. Iowa Department of Revenue, the Iowa Supreme Court upheld the state’s ability to assess income tax against KFC Corporation and other out-of-state franchisors that do not have a physical presence in Iowa, but derive income from the use of the franchisor’s intangibles by franchisees in Iowa.

Article

Wiley Rein LLP | USA | 24 May 2010

Iowa Supreme Court requires strict compliance with notice provision in claims-made and reported policy

The Supreme Court of Iowa has held that an insured forfeited any right to coverage under a claims-made and reported policy by failing to report the claim to the insurer within time prescribed in the policy.

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