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Lack of Insurable Interest Precludes Recovery for Property Damage

The Property Insurance Law Observer

Hawley Insurance Co. 2025)), the United States District Court for the Southern District of New York determined that the plaintiff lacked an insurable interest in property it insured because it did not own or possess the property or suffer economic loss due to the propertys destruction.

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Insurer’s Use of Conflicting Reports Not Bad Faith, Says Court

The Property Insurance Law Observer

Mid-Century Insurance Company (2025 WL 1540329) (10th Cir. 2025)), the Tenth Circuit Court of Appeals affirmed summary judgement on behalf of the insurer on the basis that the insurer did not act in bad faith when it denied the insured’s claim based on an engineering report that contradicted an adjuster’s initial findings.

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What You Need to Know About Filing a Business Insurance Claim

Top Insurance Blogs

Do you know what to do when your business suffers property damage or loss? Are you aware of your business insurance claim and how to make use of it? What steps should you take when you record property or casualty damage in the course of your business activity?

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Renovations and Home Insurance: What You Need to Know

Boyle Agency Insurance

Contact your insurance provider to discuss adjusting your policy to cover the updated value of your property. Failing to do so could leave your home underinsured in the event of a claim. Builder’s Risk Insurance For major renovations or construction projects, builder’s risk insurance can be invaluable.

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The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

Here’s how commercial property insurance can benefit UK small businesses. Financial Protection Against Property Damage One of the primary benefits of commercial property insurance is the financial protection it offers against property damage. A clean claims history often results in lower rates.

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Blog Post: The Long Tail Bites Back: When Old Policies Haunt New Problems

LexisNexis

Single-Year, Multi-Year, and Multi-Policy Insurance Coverage Claims Disputes Analyze issues that can arise for policyholders and insurers when insurance policies of various durations are called upon to answer for claims, and when multiple policies can also apply.

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Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical. Without the right coverage, unforeseen challenges—such as property damage, employee injuries, or legal issues—could put your investment at risk.