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Texas Health System Loses COVID-19 Business Interruption Suit

Insurance Journal

By Ezra Amacher A Texas nonprofit health system who purchased a specialized commercial property insurance policy is not covered for business interruption losses caused by COVID-19, a 5th Circuit Court of Appeals panel ruled, relying on existing precedent that COVID-19 …

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Does Commercial Property Insurance Cover Water Damage?

Tosten Marketing

Commercial property insurance water damage coverage is a complex topic with many nuances. What Water Damage Does Commercial Property Insurance Cover? Commercial property insurance covers several types of water damage, but understanding the specifics is vital. What Water Damage Isn’t Covered?

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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

Navigating the world of insurance can feel overwhelming, especially when it comes to understanding commercial property insurance. This friendly guide will walk you through the essentials of commercial property insurance, helping you protect your business premises and assets with confidence.

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What Perils Are Covered by Commercial Property Insurance?

Property Insurance Centre

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?

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Court Says Loose Bolt Remedied by Tightening Does not Constitute “Direct Physical Loss of or Damage” to Property

The Property Insurance Law Observer

American Guarantee and Liability Insurance Company , the United States District Court for the District of Massachusetts held that a loose bolt or fitting that could be remedied simply by tightening it did not constitute “direct physical loss of or damage” to equipment covered under an all-risk property insurance policy. [1]

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Protect Your Business: 5 Essential Insurance Policies You Might Be Overlooking

Protect Commercial Insurance

As a business owner, it’s crucial to protect your business from potential risks and liabilities. While you may have the basic insurance policies in place, such as property and general liability insurance, there are several other essential insurance policies that you might be overlooking.

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Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical.