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Texas Health System Loses COVID-19 Business Interruption Suit

Insurance Journal

By Ezra Amacher A Texas nonprofit health system who purchased a specialized commercial property insurance policy is not covered for business interruption losses caused by COVID-19, a 5th Circuit Court of Appeals panel ruled, relying on existing precedent that COVID-19 …

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Navigating Commercial Property Insurance: A Guide for New Investors in California

Jackson & Jackson

Investing in commercial property in California can be a lucrative venture, but it also comes with its unique set of risks and responsibilities. One of the most crucial aspects to consider is commercial property insurance.

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5 Essential Considerations for Insurance When Buying or Investing in Commercial Property

Jackson & Jackson

Investing in commercial property is a significant step for any entrepreneur or business entity. Insurance plays a pivotal role in safeguarding your property and your financial future. Here are five critical considerations you should keep in mind regarding insurance when buying or investing in commercial property.

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Strike’s Duration Will Determine Impact on P/C Insurance Industry

Triple-I: Business Insurance

Focusing specifically on the strike’s impact on the property/casualty industry – and given the specific goods transiting through those ports – the impact will be most direct for homeowners, personal and commercial auto, and commercial property.

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Understanding Multi-Family Property Insurance in California.

Jackson & Jackson

Multi-unit commercial properties in California offer investors the potential for significant returns. Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. It covers property damage, loss of income, liability claims, etc.

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Top 5 Mistakes Property Investors Make with Insurance – And How to Avoid Them

Jackson & Jackson

Specialized risks, such as floods, earthquakes, and business interruptions, require additional coverage, which many investors should pay more attention to. How to Avoid It: Evaluate the risks associated with your property’s location and type. In California, consider adding earthquake and flood insurance.

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Recall Roundup: February

Hunton Andrews Kurth

Nashville Underground LLC—“nationally acclaimed, seven-story restaurant, bar, night club and live music venue” located in downtown Nashville—procured a commercial property policy from AMCO Insurance Company (AMCO) to protect it from fortuitous catastrophic events. food-related illness of one or more persons arising out of . . .