The Property Insurance Law Observer

SEPTEMBER 23, 2024

American Guarantee and Liability Insurance Company , the United States District Court for the District of Massachusetts held that a loose bolt or fitting that could be remedied simply by tightening it did not constitute “direct physical loss of or damage” to equipment covered under an all-risk property insurance policy. [1]

Damage 130

Damage Business Interruption Property Damage Policy 130

Paragon Independent Insurance Agencies

NOVEMBER 15, 2024

The Importance of Property Insurance Property insurance covers your business’s physical assets, such as buildings, equipment, and inventory. It covers claims of negligence or mistakes in the services you provide, helping maintain your business’s reputation and financial stability.

Business Insurance 40

Business Insurance Business Interruption Professional Liability Insurance General Liability 40

Prof. Allan Manning

FEBRUARY 24, 2024

L oss Management International (Post loss Claims Preparation and Loss Adjusting) , Risk Management International (Pre Loss policy program reviews and business interruption sum insured reviews), and Claims Management International (Post Loss Third Party Administration services) based in Melbourne, Australia.

Business Interruption 130

Business Interruption Policy Claim Insurance Industry 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 130

Claim Business Interruption License Policy 130

Protect Commercial Insurance

MAY 24, 2024

With the increasing frequency and sophistication of cyberattacks, having cyber liability insurance is essential to protect your business’s sensitive information and maintain the trust of your customers. Conclusion Protecting your business with the right insurance policies is crucial for its long-term success.

Insurance Policy 52

Insurance Policy Protection Policy Business Interruption 52

Paragon Independent Insurance Agencies

MAY 27, 2024

These events may include property damage, liability claims from work-related injuries, break-ins, or business interruption. Protection of Business Property Commercial insurance protects all business property, including buildings on the land, equipment in the yard, inventory, and other assets owned by the company.

Commercial Insurance 40

Commercial Insurance Commercial Protection Business Interruption 40

Protect Commercial Insurance

NOVEMBER 15, 2024

There are several types that cater to different aspects of a business: – Property Insurance : This covers physical assets like buildings, equipment, and inventory against damages. – Liability Insurance : Protects businesses against claims of negligence or harm caused by their products or services.

Commercial Insurance 52

Commercial Insurance Commercial Protection Business Interruption 52

Protect Commercial Insurance

MAY 30, 2024

In this article, we will explore different types of insurance coverage that can help safeguard your business from property damage, liability claims, cyber threats, and more. Let’s dive in and discover the insurance options that are essential for your business’s protection.

Cyber 52

Cyber Business Insurance Business Interruption Professional Liability Insurance 52

Prof. Allan Manning

FEBRUARY 24, 2023

A number of pre loss services are also provided by the LMI Group, including Business Interruption Sum Insured Reviews, Policy Drafting, Insurance Program Reviews, Risk Surveys, and Risk Engineering Services along with Business Continuity Management Services, and Cyber Security Reviews.

Insurance Industry 130

Insurance Industry Business Interruption Claim Insurer 130

Jackson & Jackson

APRIL 10, 2024

Here are five critical considerations you should keep in mind regarding insurance when buying or investing in commercial property. Understanding the Types of Coverage Available Property Insurance This is the most basic form of insurance you’ll need.

Commercial Property 52

Commercial Property Commercial Business Interruption Out-Of-Pocket Expense 52

Jackson & Jackson

APRIL 28, 2024

Mistake 2: Overlooking Additional Necessary Coverages Standard property insurance policies do not cover everything. Specialized risks, such as floods, earthquakes, and business interruptions, require additional coverage, which many investors should pay more attention to.

Business Interruption 52

Business Interruption Out-Of-Pocket Expense Out-Of-Pocket Broker-Agent 52

Protect Commercial Insurance

JULY 26, 2024

Here are a few key areas to consider: Property Insurance Your tailoring business likely has valuable equipment, such as sewing machines, cutting tables, and fabric inventory. Property insurance can protect these assets from damage or loss due to fire, theft, or other covered perils.

Commercial 52

Commercial Insurance Broker General Liability Business Interruption 52

Risk Management Monitor

JUNE 9, 2023

For businesses, take this as a reminder to examine how your organization will handle fallout from wildfires, for example, reviewing your property insurance, business interruption coverage, disaster recovery plans or emergency communications procedures.

Business Interruption 40

Business Interruption Risk Claim Property Insurance 40

Insurance Journal

OCTOBER 30, 2024

Surgery schedules around the country may be washed out for several more weeks while a crucial IV and sterile fluids factory remains shut down for hurricane-related damage. People often plan non-emergency surgeries in the fall and early-winter months when their …

Damage 263

Damage Business Interruption Property Insurance Claim 263

Protect Commercial Insurance

NOVEMBER 8, 2024

Types of Commercial Insurance When it comes to commercial insurance, there are several types you might need to consider depending on your business operations. – Liability Insurance: Covers your business in case of lawsuits due to injuries or damages caused as a result of business operations.

Commercial Insurance 52

Commercial Insurance Commercial Premium Deductible 52

Insurance Journal

OCTOBER 21, 2024

Weeks after a chemical warehouse fire in Rockdale County, Georgia, released plumes of toxic smoke, nearby residents can now leave their homes at night after officials lifted a shelter in place order. For the lab’s owner and investors, the trouble …

Business Interruption 260

Business Interruption Property Insurance Claim Liability 260

Protect Commercial Insurance

OCTOBER 25, 2024

Familiarising yourself with the various types can help you craft the most effective insurance package: – General Liability Insurance : Covers third-party bodily injury, property damage, and advertising injuries. – Property Insurance : Protects physical assets from perils like fire, theft, and vandalism.

Business Insurance 52

Business Insurance Liability Insurance Liability Policy 52

Prof. Allan Manning

OCTOBER 7, 2024

LMI continues to grow in claims work and as a result both LMI Group and Aequum Adjusters are looking to hire loss adjusters and or claims preparers in virtually every state and territory in Australia and New Zealand. The positions range from trainee, to highly experienced.

Claim 244

Claim Business Interruption Property Insurance Insurer 244

Prof. Allan Manning

FEBRUARY 29, 2024

One of the ever increasing costs of being a landlord, particularly in Victoria is land tax and property rates. The values of properties are being reviewed by state governements and/or local councils and it is going up year on year.

Commercial 130

Commercial Broker Protection Business Interruption 130

Prof. Allan Manning

FEBRUARY 28, 2024

In the claims we are handling we are seeing more and more that the Indemnity Period runs out before the business returns to normal. This is due to a number of issues including but not limited to: Inordinate delays by local councils granting approvals. Often for the most ridiculous of reasons.

Claim 130

Claim Building Risk Policy 130

Prof. Allan Manning

APRIL 7, 2024

The 2024 Mansfield Awards for Claims Excellence are just over 3 months away and we could really do with your help with ensuring the best of the best win. If you have had a claim yourself or are an adviser who has had a client or clients have a claim, we would really appreciate your taking a few minutes to rate the claims service.

Claim 130

Claim Insurance Industry Business Interruption Insurer 130

Prof. Allan Manning

MARCH 5, 2024

I read this morning that the NSW Fire and Rescue have today reported that there have been 45 fires directly related to lithium batteries since the beginning of the 2024 year. Sadly also two people have lost their lives in the fires and possibly a third yet to be confirmed.

Risk 130

Risk Business Interruption Casualty Insurance Property Insurance 130