article thumbnail

Should There Be a Valued Policy Law for Personal Property?

Property Insurance Coverage Law

A New York Times article written by Rukmini Callimachi,California Bill Would Force Insurers to Pay Full Coverage Without Requiring Itemization,is something many policyholders of the recent Los Angeles wildfires wished was the law right now. appeared first on Property Insurance Coverage Law Blog.

article thumbnail

Should There Be a Valued Policy Law for Personal Property?

Property Insurance Coverage Law

A New York Times article written by Rukmini Callimachi,California Bill Would Force Insurers to Pay Full Coverage Without Requiring Itemization,is something many policyholders of the recent Los Angeles wildfires wished was the law right now. appeared first on Property Insurance Coverage Law Blog.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says

Insurance Journal

After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report this week. The firm examined 45 …

article thumbnail

Preserving and Presenting Personal Property Evidence Before and After Demands For Appraisal—How Nationwide Licked a Texas Attorney

Property Insurance Coverage Law

Nationwide Insurance made the following argument to a federal judge regarding an appraisal case where the real property loss was appraised to be less than what Nationwide paid, and the remainder was never shown or … The post Preserving and Presenting Personal Property Evidence Before and After Demands For Appraisal—How Nationwide Licked a Texas (..)

article thumbnail

The Emotional Impact of Recovery from Wildfires

Property Insurance Coverage Law

Little things of personal property carry immense emotional value to us because they often serve as tangible symbols of our intangible experiences, relationships, and identities. When speaking … The post The Emotional Impact of Recovery from Wildfires appeared first on Property Insurance Coverage Law Blog.

article thumbnail

Valuables Insurance Coverage: Art Insurance Fire Claim Headed to Trial

Property Insurance Coverage Law

One of the more complex damage issues that must be addressed in all fire, smoke, and heat claims is the amount of damage to personal property in areas of a structure far away from the main fire.

Claim 189
article thumbnail

What is business personal property insurance (BPP)?

InsuranceBee

Business personal property insurance (BPP) covers any transportable items your business owns. The post What is business personal property insurance (BPP)? Things you can pick up and carry, basically. That includes tools and equipment you take out of the office with you to do your work.