LexisNexis

JULY 29, 2025

Standard Insurance Policy Forms Fundamentals Checklist Peruse this overview of standard insurance policy forms to build your understanding of their history, nature, and purposes. Practical Guidance Updates Featuring the latest updates from your Practical Guidance account.

Insurance Policy

LexisNexis

JULY 22, 2025

Read now » Related Content Standard Insurance Policy Forms Fundamentals Checklist Peruse this overview of standard insurance policy forms to build your understanding of their history, nature, and purposes. Practical Guidance Updates Featuring the latest updates from your Practical Guidance account.

Insurance Policy

Cowbell

APRIL 16, 2025

Cost-Effective & Scalable: Building your own in-house SOC is labor and cost-intensive. Cowbell MDR SOC-as-a-Service actively works to reduce your risk and mitigate incidents before they cause damageoften lowering your insurance exposure and premium over time. Frequently Asked Questions (FAQs) Q1: We have an MSP.

Cyber

Triple-I: Homeowners Insurance

JUNE 3, 2025

During National Roof Awareness Week (June 1-7), we spotlight the critical role roofs play in protecting homes, businesses, and communities from severe weather ( see infographic ) and why building stronger, smarter roofs today is essential for reducing damage and insurance claims tomorrow.

Damage

TGS

MAY 21, 2025

Now picture a sudden flare-up disrupting the scene or damaging the deck. These incidents can lead to significant property damage or, worse, injuries that result in liability claims. A fire that damages siding or outdoor furniture could lead to a homeowners insurance claim.

Liability

Insurance Journal

SEPTEMBER 9, 2024

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, …

Claim

The Property Insurance Law Observer

SEPTEMBER 16, 2024

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.

Insurance Companies

Property Insurance Centre

SEPTEMBER 25, 2024

Top Building Insurance Pitfalls Here are some common pitfalls to avoid when getting building insurance in the UK: – Underinsuring. Insure your building at the amount that it will cost to rebuild it and not at the current market value when securing block of flats insurance. What is Covered?

Building

Mark Jackson Insurance Agency

JULY 8, 2024

However, amidst the excitement, it's crucial to undertake precautions to avoid common pitfalls that could lead to home insurance claims. This can lead to significant water damage, a common cause of home insurance claims. This can lead to significant water damage, a common cause of home insurance claims.

Home Insurance

Protect Commercial Insurance

JANUARY 10, 2025

Heres how collaboration can enhance offerings in this field: – Comprehensive Coverage Packages : Partnership allows brokers to provide a full suite of insurance products. From property damage and liability to business interruption cover, clients get everything under one roof. Heres how you can keep your collaboration thriving.

Building

Shield Insurance Agency

JUNE 11, 2024

Thunderstorms often bring powerful winds that can knock down trees, power lines, and mobile homes, intense rainfall that causes flash floods, tornadoes, lightning strikes that can spark fires, as well as damaging hail. Identify a Sturdy Building and Practice Drills You need to get inside a sturdy building before a thunderstorm hits.

Insurance Agency

Bankers Insurance

NOVEMBER 15, 2023

These issues can lead to expensive damage, operational disruptions, and potential safety hazards. Pipes and sprinkler systems face a higher risk of freezing in specific areas of a building or property where temperatures can significantly drop during cold weather. Where are Pipes and Sprinkler Systems Most at Risk of Freezing?

Protection

Property Insurance Centre

JANUARY 30, 2024

That’s why it’s essential to choose a specialised block of flats insurance policy that covers the specific needs of your property. Block of flats insurance typically focuses on buildings insurance , which covers the physical structure of the property. What is Block of Flats Insurance?

Building

Property Insurance Centre

JANUARY 16, 2025

From the catastrophic floods in Carlisle in 2005 to the more recent deluge in London in 2021, businesses in flood-prone areas have faced disruption, financial losses, and complex insurance claims. This article explores the intricacies of commercial flood insurance in the UK, highlighting regional variations, challenges, and solutions.

Commercial

Bankers Insurance

AUGUST 8, 2024

Market value is based on factors such as lot size, building condition and location desirability. Replacement value depends on factors such as material and labor expenses, architect services, debris removal needs and building permit requirements. dollars per square foot). Consult other parties. inflated labor and material costs).

Commercial Property

LexisNexis

APRIL 1, 2025

Learn how to specify the insurance to be obtained in a building contract so coverage for construction risks is maximized. Discover Practical Guidance Content and Resources Read this update to see the newest additions to Practical Guidance.

Commercial General Liability

Wren Insurance Agency

MAY 22, 2024

Another factor to consider is that certain insurance companies will only insure Townhomes as an HO3, even if the community insurance covers the entire building, such as the roof. And if your townhome is over-insured, we may be able to take your newly-realized savings and add flood coverage to your property!

Policy

Property Insurance Centre

MARCH 19, 2024

Insurance guides provide clear explanations of the rights and responsibilities individuals have throughout the claims process, ensuring they are informed and empowered to take the necessary steps to protect their interests. Understanding your rights can help you navigate any disputes that may arise during the claims process.

Property Insurance

TGS

OCTOBER 25, 2024

Every year your home grows older, it becomes more prone to issues such as plumbing leaks, electrical faults, or roof damage—all of which can lead to costly insurance claims. This is directly linked to inflation, which affects everything from the price of building materials to labor.

Home Insurance

Property Insurance Centre

JANUARY 4, 2024

Weather Conditions and Natural Disasters Since 1980, there have been 360 weather- and climate-related natural catastrophes , resulting in damages and costs of over $2.57 Unpredictable weather events and the rise in natural catastrophes pose significant challenges for the property insurance industry.

Property Insurance

Protect Commercial Insurance

NOVEMBER 22, 2024

Long-term Financial Benefits While the upfront cost of commercial insurance might seem high, consider the long-term savings and financial security it provides. Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit. Each policy has specific inclusions and exclusions.

Commercial Insurance

InsuredMine

MAY 5, 2025

By modernizing this essential function, insurers can drastically improve operational performance and deliver an exceptional policyholder experience. Improved Accuracy Artificial Intelligence (AI) and Machine Learning (ML) tools ensure more precise damage assessments and minimize costly errors.

Insurance Claim

Triple-I: Homeowners Insurance

MAY 29, 2025

Homes built or retrofitted to FORTIFIED standards from the Insurance Institute for Business & Home Safety were found to have suffered far less property damage and a lower volume of insurance claims from Hurricane Sally which made landfall in Gulf Shores, Alabama, as a Category 2 storm in September 2020 than non-FORTIFIED properties.

Property Damage

TGS

JANUARY 28, 2025

Stick to Local Building Codes Renovation projects must comply with your local building codes. Whether its proper insulation, fire safety measures, or structural reinforcements, failing to follow these codes could not only void your insurance but also result in fines or having to redo work.

Home Insurance

Protect Commercial Insurance

MARCH 14, 2025

Definition and Purpose Commercial property insurance, at its core, is a type of insurance policy designed to protect business properties from various risks. These can include damage due to fires, break-ins, vandalism, and certain natural disasters. – Fire Damage : Covers repairs and replacements after a fire.

Commercial Property