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Bad Faith and Vexatious Refusal in Missouri

Property Insurance Coverage Law

The concept of vexatious refusal to pay is a critical safeguard for Missouri policyholders. It ensures that insurance companies fulfill their obligations promptly and fairly.

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Bad Faith and Vexatious Refusal in Missouri

Property Insurance Coverage Law

The concept of vexatious refusal to pay is a critical safeguard for Missouri policyholders. It ensures that insurance companies fulfill their obligations promptly and fairly.

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FM Clients to Receive Share of $1 Billion in ‘Membership Credits’

Insurance Journal

Commercial property insurer FM announced an enhanced $1 billion membership credit for eligible mutual policyholders, allowing client-owners to receive more credit sooner. Johnston, Rhode Island-based FM said May 5 that with this year’s credit, FM will have returned more than …

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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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The Importance of Accurate Valuation in Commercial Property Insurance

Bankers Insurance

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. Additionally, property undervaluation can result in coinsurance penalties.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

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

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Understanding Consumer Education and Property Insurance

Property Insurance Centre

Understanding Consumer Education and Property Insurance As an informed consumer, education on consumer rights and property insurance is crucial. It empowers individuals to make informed decisions about insurance coverage and understand their policy rights.