Insurance Journal

APRIL 29, 2025

Six weeks after Tampa-based Heritage Property & Casualty Insurance Co. filed a libel suit against a whistleblower claims adjuster, the adjuster’s lawyer has pushed back, arguing that the suit is an attempt to silence those who question insurers’ damage estimates.

Casualty Insurance 290

Casualty Insurance Damage Claim Insured 290

Protect Commercial Insurance

JUNE 6, 2025

Introduction When it comes to safeguarding your UK small business, one crucial aspect is often overlooked: commercial property insurance. This essential coverage acts as a safety net, protecting your investments from unexpected setbacks like theft, damage, or natural disasters. But what exactly does it entail?

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

Property Insurance Coverage Law

SEPTEMBER 3, 2024

On February 5, 2019, Opera Block’s owner, Timothy … The post Order and Bind Insurance Before the Loss—Commercial Policy Covers Water Damage Under Drain Backup Endorsement appeared first on Property Insurance Coverage Law Blog.

Commercial 203

Commercial Damage Policy Property Insurance 203

The Property Insurance Law Observer

MAY 20, 2025

Billie (Plaintiff) purchased a house in Waterbury, Connecticut, and obtained homeowners insurance through the Insurer. Shortly after the Plaintiff purchased the Policy, the house was damaged by a fire. Plaintiff submitted a claim to the Insurer for the damage.

Claim 130

Claim Damage Property Damage Policy 130

Protect Commercial Insurance

APRIL 11, 2025

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. Let’s dive in!

Commercial Property 52

Commercial Property Property Insurance Commercial Insured 52

Insurance Journal

AUGUST 9, 2024

Reports from Gallagher Re and the Florida Office of Insurance Regulation suggest that Tropical Storm Debby will not be a heavy lift for property insurers and reinsurers. “Early assessments suggest wind-related physical damage (is) not as extensive as initially feared,” …

Property Insurance 264

Property Insurance Damage Insured Insurance 264

Property Insurance Coverage Law

SEPTEMBER 26, 2024

Consequential damages play a significant role in both contract law and insurance claims, but they operate under different frameworks and have distinct implications depending on the context. Consequential damages in contract law are indirect, foreseeable losses that result from a breach of contract.

Damage 100

Damage Insurance Claim Property Insurance Claim 100

Insurance Journal

DECEMBER 8, 2024

When hurricanes hit coastal areas, property insurers often breathe a sigh of relief when much of the damage appears to be the result of storm surge and flooding losses that aren’t covered by most homeowners’ policies. But after Hurricane …

Claim 246

Claim Damage Property Insurance Policy 246

The Property Insurance Law Observer

MAY 12, 2025

State Farm Mutual Automobile Insurance Company , 2025 WL 416814 (9th Cir. Facts The insureds claim arose after multiple water leaks damaged its office. The insurer initially paid a certain sum for lost income due to the leaks.

Commercial Property 100

Commercial Property Insurance Claim Damage Claim 100

Insurance Journal

MAY 16, 2025

The Florida Supreme Court on Thursday declined to consider a petition in a condominium insurance case, leaving in place conflicting rulings from Florida appeals courts. The non-decision in American Coastal Insurance vs. Patios West One Condominium Association, stemming from a …

Damage 193

Damage Claim Insured Insurance 193

Insurance Journal

NOVEMBER 21, 2024

AP) — A combination of severe hurricane damage to Tropicana Field and political delays on financing means it is highly unlikely the Tampa Bay Rays’ planned new stadium will be ready for the 2028 season, if at … PETERSBURG, Fla. (AP)

Damage 243

Damage Commercial Property Insurance Claim Property Insurance 243

The Property Insurance Law Observer

OCTOBER 16, 2024

The ruling reversed a jury award for homeowners who had sold their property without performing the necessary repairs, addressing a crucial question about recovery for unperformed repairs in property insurance claims. Universal”) after their property sustained water damage that led to mold. in damages.

Property Insurance 130

Property Insurance Damage Casualty Insurance Policy 130

Prof. Allan Manning

JULY 29, 2024

A wide range of topics were covered from an update on recent court cases involving general insurance claim decisions, a detailed analysis of the Reasonable Care Condition found in many policies by LMI Legal, lessons learned from business interruption losses by LMI Forensics, issues around storm damage to solar panels by LMI Claims, a detailed run through (..)

Claim 214

Claim Business Interruption License Policy 214

The Property Insurance Law Observer

JULY 25, 2024

June 24, 2024) offers valuable lessons for policyholders regarding the importance of cooperation in the insurance claims process. In Marcantel , the plaintiff suffered damage from Hurricane Laura at two properties in Louisiana.

Damage 130

Damage Personal Property Policyholder Claim 130

Insurance Journal

MAY 12, 2025

Tornadoes, strong winds and flash flooding hit parts of north Florida and Alabama over the weekend, damaging dozens of homes and commercial and farm structures, weather and local news sites reported. In the Florida Panhandle, tornadoes ripped roofs from homes …

Commercial 210

Commercial Damage Insurance Claim Property Insurance 210

The Property Insurance Law Observer

SEPTEMBER 16, 2024

The 6th Circuit held that the property policy’s cosmetic damage exclusion applied to bar coverage because the insured, J&S Welding, Inc. Insured”), failed to disclose or produce any expert evidence to rebut the conclusions of the West American’s three experts, who determined the roof’s damage was merely cosmetic.

Insurance Companies 130

Insurance Companies Damage Insured Policy 130

Risk Management Monitor

AUGUST 9, 2022

Last week, a severe thunderstorm unleashed massive hailstones in Alberta, Canada, damaging dozens of cars and unleashing potentially record-breaking hailstones the size of grapefruits. The reality is that large hail typically accounts for a majority of thunderstorm-related losses in North America during any given year.”.

Damage 78

Damage Claim Commercial Property Insurance Policy 78

The Property Insurance Law Observer

MARCH 18, 2024

A federal court recently held that an insurer could not deny coverage under a homeowner’s policy based upon the failure of the named insured’s son, an “insured person,” to submit to an examination under oath (“EUO”). Allstate Vehicle and Property Insurance Company , Civil Action No. In Michelle Adeola v.

Insured 130

Insured Insurance Insurer Policy 130

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. Additionally, property undervaluation can result in coinsurance penalties.

Commercial Property 59

Commercial Property Property Insurance Commercial Out-Of-Pocket 59

Property Insurance Coverage Law

NOVEMBER 24, 2024

A recent federal court decision in Louisiana 1 highlights the complexities in determining whether a policy provides blanket or scheduled coverage – a distinction that can significantly impact claim payments. The Louisiana case involved a hydrocarbon production facility damaged … The post When Is a Policy “Blanket”?

Policy 100

Policy Policyholder Property Insurance Damage 100

Property Insurance Centre

MARCH 19, 2024

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. An immediate response to property damage is crucial.

Property Insurance 52

Property Insurance Policyholder Insured Insurance 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 Insured 52

Property Insurance Centre

SEPTEMBER 25, 2024

See what is not covered in terms of events/damage for your policy and think about getting flood insurance or accidental damage insurance if desired. Accidental damage is not usually covered by a normal building insurance policy. The age and condition of your property is also a significant factor.

Building 52

Building Insured Insurance Insurer 52

Property Insurance Centre

JANUARY 16, 2025

From the catastrophic floods in Carlisle in 2005 to the more recent deluge in London in 2021, businesses in flood-prone areas have faced disruption, financial losses, and complex insurance claims. This article explores the intricacies of commercial flood insurance in the UK, highlighting regional variations, challenges, and solutions.

Commercial 52

Commercial Commercial Property Insured Insurance 52

Triple-I: Homeowners Insurance

APRIL 5, 2024

The widespread damage incurred from Idalia last year highlighted the importance of being financially protected from catastrophic losses – and that includes having adequate levels of property insurance and flood coverage,” said Triple-I CEO Sean Kevelighan.

Damage 52

Damage Policy Insurance Policy Auto Insurance 52

Property Insurance Centre

JANUARY 30, 2024

Block of flats insurance primarily consists of buildings insurance , which is a requirement imposed by the leases for the individual flats. This type of insurance is designed to safeguard the physical structure of the property, providing financial protection in the event of damage or loss due to various risks.

Building 52

Building Insured Insurance Insurer 52

Risk Management Monitor

NOVEMBER 8, 2021

One of the first steps in obtaining commercial property insurance is to determine the value of the property being insured. The reported property value will drive premium amounts and, importantly, represents the property loss exposure.

Commercial Property 75

Commercial Property Insured Insurance Insurer 75

Bankers Insurance

NOVEMBER 15, 2023

How to Protect your Business Against Frozen Pipes and Sprinkler Systems In the winter season, businesses encounter unique property challenges, notably the potential for frozen pipes and sprinkler systems. These issues can lead to expensive damage, operational disruptions, and potential safety hazards.

Protection 52

Protection Damage Building Property Damage 52

Wren Insurance Agency

MAY 22, 2024

In Florida, a townhome is either insured as a single-family home (through an HO3 policy), or as a condominium (an HO6). The type of property insurance you need is dependent on how your community is insured as a whole.

Policy 52

Policy Insured Insurance Insurer 52

Protect Commercial Insurance

NOVEMBER 22, 2024

Long-term Financial Benefits While the upfront cost of commercial insurance might seem high, consider the long-term savings and financial security it provides. Without insurance, your business could face catastrophic financial loss from property damage, theft, or a lawsuit.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Insured 52

Protect Commercial Insurance

JANUARY 10, 2025

Enhancing Commercial Property Offerings One major sector that benefits from robust referral partnerships is commercial property insurance. Heres how collaboration can enhance offerings in this field: – Comprehensive Coverage Packages : Partnership allows brokers to provide a full suite of insurance products.

Building 52

Building Broker Commercial Property Insured 52

Triple-I: Homeowners Insurance

JUNE 3, 2025

During National Roof Awareness Week (June 1-7), we spotlight the critical role roofs play in protecting homes, businesses, and communities from severe weather ( see infographic ) and why building stronger, smarter roofs today is essential for reducing damage and insurance claims tomorrow. Many upgrades are affordable.

Damage 95

Damage Building Protection Claim 95

Protect Commercial Insurance

MARCH 14, 2025

Commercial property insurance is a key component in this protection, offering a safety net against unexpected disasters. Whether you own a quaint little shop or a sprawling office complex, securing proper insurance means youre prepared for the unexpected.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

Protect Commercial Insurance

APRIL 25, 2025

– Financial Losses : Floods can cause severe damage to your properties, leading to exorbitant repair costs. Without insurance, these expenses come straight out of your pocket. The bottom line is, protecting your investments with appropriate insurance solutions should be a top priority.

Commercial Property 52

Commercial Property Commercial Protection Insured 52