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Should HOAs Take Out Construction Loans Just to Get Their Insurance Claim Paid?

Property Insurance Coverage Law

Thirty-four buildings take a beating. You report the damage. Your insurer acknowledges it. But you dont get paid by the insurer. Because even … The post Should HOAs Take Out Construction Loans Just to Get Their Insurance Claim Paid? appeared first on Property Insurance Coverage Law Blog.

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Should HOAs Take Out Construction Loans Just to Get Their Insurance Claim Paid?

Property Insurance Coverage Law

Thirty-four buildings take a beating. You report the damage. Your insurer acknowledges it. But you dont get paid by the insurer. Because even … The post Should HOAs Take Out Construction Loans Just to Get Their Insurance Claim Paid? appeared first on Property Insurance Coverage Law Blog.

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How is the Los Angeles Protest Affecting Insurance Claims?

Top Insurance Blogs

Over the weekend, anti-ICE protests erupted across Los Angeles, resulting in significant damage to businesses, vehicles, and buildings. Although the situation escalated, most of the damages caused are likely covered by insurance, according to experts. appeared first on My Top Insurance Blogs.

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Red Lobster Landlord Sues Insurer to ‘Clawback’ $1.2M Fire Claim Payment

Insurance Journal

The landlord for a fire-damaged building leased to a Red Lobster restaurant is blaming the restaurant’s insurer for causing it to lose out on $1.2 million in fire insurance claims payments to repair the property. RL New Brunswick Owner LLC, …

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Court Weighs in on Determining “Period of Restoration”

The Property Insurance Law Observer

State Farm Mutual Automobile Insurance Company , 2025 WL 416814 (9th Cir. Facts The insureds claim arose after multiple water leaks damaged its office. The insurer initially paid a certain sum for lost income due to the leaks.

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The Importance of Experts J&S Welding, Inc. v. Liberty Mutual Insurance Company

The Property Insurance Law Observer

The 6th Circuit held that the property policy’s cosmetic damage exclusion applied to bar coverage because the insured, J&S Welding, Inc. Insured”), failed to disclose or produce any expert evidence to rebut the conclusions of the West American’s three experts, who determined the roof’s damage was merely cosmetic.

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The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

Introduction When it comes to safeguarding your UK small business, one crucial aspect is often overlooked: commercial property insurance. This essential coverage acts as a safety net, protecting your investments from unexpected setbacks like theft, damage, or natural disasters.