Damage Property Damage Underwriter 
The Property Insurance Law Observer
JUNE 13, 2024
Certain Underwriters at Lloyd’s, London, et al. 2024), to preserve diversity jurisdiction, the United States District Court for the Southern District of New York permitted a plaintiff insured to drop non-diverse, dispensable defendant Underwriters at Lloyd’s, London (“Underwriters”) which subscribed to a commercial property insurance policy.
Scott Insurance
FEBRUARY 19, 2025
Rehabs expose developers to heightened risks and, subsequently, higher insurance costs due to the complexities of simultaneously managing the property being rehabbed and the existing structures, e.g. any property not under construction (whether occupied or unoccupied). Consider a scenario where a rehab is underway.
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The Property Insurance Law Observer
FEBRUARY 14, 2024
Privilege Underwriters Reciprocal Exchange (2024 WL 322297 (Tex. The insureds suffered property damage caused by a tornado and subsequently submitted a claim to their insurer. Wind damage can be attributed to gusts (short bursts of high-speed winds) or longer periods of stronger sustained winds. In Mankoff v. Dallas Jan.
Distinguished
APRIL 29, 2025
Without the right safeguards in place, landlords could face significant financial losses from damages, legal claims, or lost rental income. Discover why landlord insurance is vital for property owners in Colorado, the protections Distinguished can offer, and how brokers can help their clients secure the best policies.
Distinguished
FEBRUARY 24, 2025
Based on our decades of experience in this industry, here are some of the top exposures we see restaurants facing in markets like Charlotte: Fire damage: Fire is a constant risk in hot kitchens, and even a small incident could lead to heavy repair bills and a temporary closure.
Distinguished
APRIL 21, 2025
Imagine a property owner in Chicago is facing a burst pipe in the middle of winter. The damage is extensive, and tenants are forced to relocate while repairs are underway. Properties near major rivers also face flooding risks. Loss of rental income: Replaces rental income if a covered event makes the property uninhabitable.
The Property Insurance Law Observer
AUGUST 22, 2024
The insurer argued that the damage to the floor did not meet the policy’s definition of “abrupt collapse” because it did not completely fall to the ground. Even though the floor had partially detached from the property’s exterior wall, it remained standing. Underwriters at Lloyd’s, London , 2012 WL 2020168 (D. Great Am.
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