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Court Differentiates Vandalism from Theft in First Party Insurance Policy

The Property Insurance Law Observer

The Court considered whether the Plaintiffs’ loss was caused by theft or vandalism, as neither term was defined in the policy. In Cheung, the Plaintiffs, who resided in California, purchased property in scenic Mount Vernon, Washington, in July 2021, and insured the property through a policy of insurance issued by Allstate.

Theft 130
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What Your Clients Must Know About Cyber Insurance War Exclusions

ProWriters

China’s quest for “independence from the West” has led it to conduct state-sponsored campaigns of “cyber espionage and intellectual property theft,” Lior Div told cyber security firm ExtraHop. The gray zone poses significant challenges for not only legal frameworks but also insurance policies.

Cyber 53
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Summertime Risks — Exposures That Heat Up with the Weather

American Agents Alliance

Policyholders are enjoying recreational activities like pools and backyard BBQs, hosting family and friends, and traveling to local events and weekend getaways. While fun, these activities can increase summertime risks for policyholders. Exposures like liability, theft, and property damage are high.

Risk 52
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Top Building Insurance Pitfalls To Trigger F.O.M.O.

Property Insurance Centre

Accidental damage is not usually covered by a normal building insurance policy. Here, we will delve into the various aspects of building insurance coverage, so you can be confident that you have the right policy for your needs. These can be added to your policy for an additional premium. What is Covered?

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Why can’t I get insurance?

Property Insurance Centre

Unfortunately, customers are more often than not caught in the middle, and end up having to fork out more money to pay for policies or settle for lesser cover. Let’s have a look at them… Don’t claim for everything – One thing insurers do not like, is a policyholder that claims over multiple times a year & for the smallest thing.

Insurer 52
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Cyber Incident? Cyber Insurance Can Help Clients “Shake It Off”

ProWriters

The theft of these high-profile, high-priced tickets highlights online ticketing platforms’ need for Cyber Liability Insurance. This important insurance allows companies hit by cyber threats to do much more than “Apologize” or say, “Don’t Blame Me.” Yet that’s what happened.

Cyber 52
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Freehold Block of Flats Insurance: Top Cover Tips

Property Insurance Centre

Freehold Block of Flats Insurance: Top Cover Tips If you own a freehold block of flats , it’s crucial to have the right insurance coverage to protect your investment. Standard home insurance policies may not provide adequate protection for the unique risks associated with a block of flats.