Insurance Journal

JULY 23, 2024

The highest court in Massachusetts has ruled that rainwater accumulation on roofs of buildings does not constitute “surface waters” within the meaning of “flood” in property insurance policies. The court found that the term “surface waters” in policies is ambiguous …

Property Insurance 306

Property Insurance Insurance Policy Building Policy 306

Property Insurance Coverage Law

APRIL 29, 2025

Insurance agent expert and educatorDavid Thompson, in a comment to a discussion on Property Insurance Coverage Law, highlights a common and critical misconception and highlights that newly constructed buildings … The post The Hidden Insurance Gap: Why New Homes and Businesses Need Ordinance or Law Coverage appeared first on Property Insurance (..)

Property Insurance 113

Property Insurance Insurance Agents Insurance Agent Building 113

Property Insurance Centre

FEBRUARY 10, 2025

What Perils Are Covered by Commercial Property Insurance? Commercial property insurance is essential for businesses to protect their assets from unforeseen events. But what exactly does commercial property insurance cover? Below are the most common perils covered: 1.

Commercial Property 52

Commercial Property Property Insurance Commercial Boiler and Machinery 52

Property Insurance Coverage Law

APRIL 29, 2025

Insurance agent expert and educatorDavid Thompson, in a comment to a discussion on Property Insurance Coverage Law, highlights a common and critical misconception and highlights that newly constructed buildings … The post The Hidden Insurance Gap: Why New Homes and Businesses Need Ordinance or Law Coverage appeared first on Property Insurance (..)

Property Insurance 100

Property Insurance Insurance Agents Insurance Agent Building 100

Insurance Journal

APRIL 7, 2025

Cattle Raisers Insurance, in partnership with Higginbotham, announced a new offering that provides qualified Texas & Southwestern Cattle Raisers Association members with an exclusive 10% discount on Travelers property insurance coverage. The announcement builds on the recently launched partnership between …

Property Insurance 213

Property Insurance Building Insurer Insured 213

Insurance Journal

DECEMBER 18, 2024

SUNNY ISLES BEACH, Fla. (AP) AP) Almost three dozen high-rise condos and luxury hotels along the beach in South Florida are sinking or settling in unexpected ways, in some cases because of nearby construction, according to a new study. The …

Building 246

Building Property Insurance Insurance Insurer 246

Property Insurance Coverage Law

OCTOBER 6, 2024

I have received numerous calls from furious Hurricane Helene policyholders after learning how little coverage is afforded for the non-elevated floor of a multi-story building under their flood insurance policies. Refer to the Visual Flood Adjusters Use appeared first on Property Insurance Coverage Law Blog.

Building 130

Building Insurance Claim Claim Policyholder 130

Property Insurance Coverage Law

SEPTEMBER 11, 2024

A judge in a Mississippi case 1 recently ordered the parties to appraisal, noting: The lawsuit concerns only property insurance coverage for buildings, referenced as the ‘A1 coverage,’ … The post Are Insurers Using “New Construction” Xactimate Settings Wrongfully Underpaying Claims?

Claim 214

Claim Property Insurance Insurer Insured 214

Insurance Journal

MARCH 25, 2025

Earlier this month wind damaged the iconic Apex pyramid building in Pawtucket Rhode Island prominently visible from Interstate 95. Now, the city of Pawtucket has removed the remaining exterior panels of the iconic structure, leaving only the skeletal frame. Removal …

Building 130

Building Damage Commercial Property Property Insurance 130

Property Insurance Coverage Law

AUGUST 30, 2024

appeared first on Property Insurance Coverage Law Blog.

Property Insurance 203

Property Insurance Damage Building Insurance 203

Property Insurance Coverage Law

SEPTEMBER 16, 2024

A federal judge ruled last week that policyholders eventually have to “put up or shut up” when it comes to proving that certain interior damages caused by a storm must be the result of damage to the exterior of a building, allowing water to damage the interior of a building. appeared first on Property Insurance Coverage Law Blog.

Damage 203

Damage Claim Policyholder Building 203

Property Insurance Coverage Law

SEPTEMBER 26, 2024

A recent federal court ruling in Missouri highlights the critical importance of admissible expert testimony in property insurance disputes.

Policyholder 203

Policyholder Insurance Companies Damage Claim 203

Property Insurance Coverage Law

AUGUST 22, 2024

Insurance restoration contractors have a lot on their plate. They are not building based on new plans but repairing already-built structures. appeared first on Property Insurance Coverage Law Blog.

Property Insurance 203

Property Insurance Damage Building Insurance Companies 203

Insurance Journal

AUGUST 22, 2024

Vanderbilt University is asking local Florida officials to approve its proposal to build a $520 million campus in the wealthy Palm Beach area, tapping into a growing region transformed by new outposts of financial firms. The Nashville-based school envisions buildings …

Building 269

Building Property Insurance Risk Insurer 269

Insurance Journal

JANUARY 22, 2025

After Hurricane Milton swept through parts of southwestern Florida in October, aerial drone images showed condominium buildings with large sections of their roof membranes peeled back like blankets on a beach, exposing the buildings to water intrusion. Builders and commercial …

Building 264

Building Commercial Property Insurance Claim 264

Insurance Journal

SEPTEMBER 10, 2024

1 deadline that requires condo buildings to be inspected and repaired in the wake of the Surfside condo collapse that killed … Florida Gov. Ron DeSantis urged lawmakers to weigh ideas on providing condominium owners with relief ahead of a Jan.

Building 275

Building Property Insurance Insurance Insurer 275

Insurance Journal

AUGUST 12, 2024

The Colorado wildfire that tore through 15 square miles (39 square kilometers) and destroyed 48 buildings, over half of which were homes, was human-caused, investigators said. The Alexander Mountain Fire burning near Loveland, about an hour’s drive north of Denver, …

Building 270

Building Property Insurance Damage Insurance 270

Insurance Journal

DECEMBER 17, 2024

AP) Toyota plans to build a new paint facility as part of a $922 million investment at its factory complex in Georgetown, Kentucky, making it the second big addition announced this year at the automaker’s largest manufacturing … GEORGETOWN, Ky. (AP)

Building 260

Building Workers Compensation Property Insurance Compensation 260

Insurance Journal

DECEMBER 20, 2024

The Cleveland Clinic, a health care system with hospitals and clinics around the world, said it plans to build a 150-bed hospital in the Palm Beach area and will quadruple the size of an outpatient clinic there. Cleveland has operated …

Building 246

Building Workers Compensation Insurance Workers Compensation Property Insurance 246

Bankers Insurance

AUGUST 8, 2024

THE IMPORTANCE OF ACCURATE VALUATION IN COMMERCIAL PROPERTY INSURANCE When purchasing or renewing commercial property insurance , it’s important for businesses to ensure their coverage includes correct property valuations. Replacement value — This is an estimate of the current cost to replace or rebuild a property.

Commercial Property 59

Commercial Property Property Insurance Commercial Out-Of-Pocket 59

Elmore

JANUARY 14, 2025

High building costs and effects of climate change are driving up amount claimed The post UK property insurance payouts hit highest level since 2007 appeared first on Elmore Insurance Brokers.

Property Insurance 52

Property Insurance Insurance Broker Broker Building 52

Jackson & Jackson

APRIL 30, 2024

For property investors and owners, understanding how location impacts insurance rates is crucial for financial planning and investment decisions. This article explores how various location-based factors affect commercial property insurance rates in California and offers insights for managing these costs effectively.

Commercial Property 52

Commercial Property Property Insurance Commercial Crime 52

Property Insurance Centre

JANUARY 4, 2024

Emerging Property Insurance Trends 2024 Welcome to our guide on emerging trends in the property insurance industry. As we dive into the evolving landscape of property insurance, it’s important to stay informed about the latest trends and challenges affecting the market. Hurricane Harvey 2017 92.0

Property Insurance 52

Property Insurance Commercial Property Liability Insurer 52

The Property Insurance Law Observer

AUGUST 22, 2024

For the purpose of this Additional Coverage – Collapse, abrupt collapse means an abrupt falling down or caving in of a building or any part of a building with the result that the building or part of the building cannot be occupied for its intended purpose. Hartford Casualty Insurance Co. , LEXIS 127718 (D.

Building 130

Building Commercial Property Damage Policy 130

Property Insurance Centre

JANUARY 30, 2025

Can I Insure a Partially Empty Block of Flats in the UK? If you own a block of flats with vacant units, you might be wondering whether standard property insurance will cover you. In the UK, insuring a partially empty block of flats is possible, but there are important factors to consider.

Property Insurance 52

Property Insurance Insurer Insured Insurance 52

Jackson & Jackson

MAY 22, 2024

Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. This article aims to provide an in-depth overview of ensuring multi-unit commercial properties in California, highlighting key considerations for investors.

Property Insurance 52

Property Insurance Commercial Property Commercial Insurer 52

Property Insurance Centre

JANUARY 27, 2025

The quick answer is yes, you can insure your block of flats even if youre not the freeholder, but the process and your responsibilities depend on your ownership type and lease agreement. Steps to Take Check the Lease Agreement: This document will outline who is responsible for insuring the building.

Building 52

Building Broker-Agent Insurer Insured 52

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 52

Building Insurer Insured Insurance 52

Jackson & Jackson

APRIL 26, 2024

One of the most crucial aspects to consider is commercial property insurance. This guide aims to help new investors understand the basics of commercial property insurance in California, ensuring that their investments are protected against unforeseen events.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

Property Insurance Centre

OCTOBER 18, 2024

How the Climate Crisis is Impacting the UK Property Insurance Market in 2023-2024 The UK property insurance market is increasingly being reshaped by the climate crisis , with extreme weather events such as storms and flooding becoming more frequent and costly.

Property Insurance 52

Property Insurance Premium Insurer Insured 52

Property Insurance Centre

MARCH 11, 2025

Many insurers require more detailed valuations and risk assessments due to the higher sums insured. Greater Risk of Fire and Cladding Issues Following Grenfell Tower , insurers are more cautious about buildings with cladding, especially in London, where many high-rises have fire safety concerns.

Risk 52

Risk Insurer Insured Insurance 52

Elmore

AUGUST 17, 2024

Property insurer calls for better risk management as climate impact grows The post Hiscox chief says rising insurance prices a ‘stark signal’ on building risks appeared first on Elmore Insurance Brokers.

Building 52

Building Risk Insurance Broker Property Insurance 52

Insurance Journal

MARCH 9, 2025

More than a year after the Honolulu City Council created a program to reduce the city’s backlog of building permit applications, the city’s permitting department director said she’s close to starting the program. The delay, said Department of Planning and …

Building 147

Building Property Insurance Insurance Insurer 147

Property Insurance Coverage Law

JANUARY 14, 2025

I made similar warnings in Wildfires Leave Dangerous Health Risks In Surviving Buildings. Why is it most people see the … The post Unseen Smoke and Visual Ash Dangers from Wildfires appeared first on Property Insurance Coverage Law Blog. Putnams article gets right to the point: Where there is fire, there is smoke!

Property Insurance 100

Property Insurance Building Claim Risk 100

Protect Commercial Insurance

OCTOBER 4, 2024

But what does this mean for property owners and their insurance needs? As interest rates creep up, they can have a surprising ripple effect on property insurance costs. Impact on Property Insurance The property insurance market isn’t isolated from these changes.

Property Insurance 52

Property Insurance Out-Of-Pocket Premium Insurer 52

Property Insurance Centre

FEBRUARY 24, 2025

Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you. Whatever your requirements, we can tailor a specialist property insurance policy to suit your exact needs and provide you with a range of quotes to choose from.

Liability 52

Liability Protection Claim Property Insurance 52

Distinguished

APRIL 29, 2025

of residents Colorado is a great place to own landlord-managed properties. Although cities like Denver, Boulder, and Colorado Springs have thriving real estate markets, owning rental properties still comes with risks, making rental property insurance essential.

Liability 52

Liability Financial Loss Insurer Insured 52