Claim Policy Property Damage 
The Property Insurance Law Observer
MARCH 20, 2025
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. Litigation ensued regarding that claim.
The Property Insurance Law Observer
MAY 20, 2025
Insurer) motion for summary judgment, holding that the Insurer was prejudiced by its insureds failure to cooperate with the Policys Duties After Loss provision. Shortly after the Plaintiff purchased the Policy, the house was damaged by a fire. Plaintiff submitted a claim to the Insurer for the damage.
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The Property Insurance Law Observer
JUNE 12, 2025
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. The subject insurance policy covered direct physical loss caused by hail.
Top Insurance Blogs
JUNE 10, 2025
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?
The Property Insurance Law Observer
FEBRUARY 25, 2025
However, the court granted summary judgment in favor of the insurer on the bad faith claim, emphasizing that a thorough investigation into a questionable claim does not amount to bad faith Background Spinnaker Insurance Company (Spinnaker) issued a homeowners policy to Donald Jackson (Jackson) for a designated residence premises.
Distinguished
MAY 19, 2025
From kitchen fires and equipment breakdowns to liability claims and utility outages, restaurants operate in an environment where a single incident can lead to costly interruptions or legal exposure. What is a Business Owners Policy (BOP)? What Does a BOP Cover for Restaurant Owners?
The Property Insurance Law Observer
OCTOBER 9, 2024
GeoVera Specialty Insurance Company (2024 WL 3952571), the court affirmed that unambiguous policy limits remain enforceable even when an appraisal award exceeds those limits. This decision provides valuable guidance for insurers handling post-catastrophe claims. The appraisal award exceeded the policy limits for certain items.
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