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]

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Jackson & Jackson

APRIL 26, 2024

One of the most crucial aspects to consider is commercial property insurance. This guide aims to help new investors understand the basics of commercial property insurance in California, ensuring that their investments are protected against unforeseen events.

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Commercial Property Property Insurance Commercial Business Interruption 52

Jackson & Jackson

MAY 22, 2024

Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. This article aims to provide an in-depth overview of ensuring multi-unit commercial properties in California, highlighting key considerations for investors.

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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.

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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.

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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.

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Cyber Business Insurance Business Interruption Professional Liability Insurance 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 …

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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 …

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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

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.

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Business Insurance Business Interruption Professional Liability Insurance General Liability 40

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.

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Commercial Insurance Commercial Protection Business Interruption 40

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.

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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.

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Property Insurance Centre

JANUARY 16, 2025

Wales: Coastal communities, including those in the Vale of Glamorgan, have experienced storm surges that inundated local businesses. Flood damage can include physical destruction of property, inventory loss, and business interruption costs, making insurance a vital component of risk management.

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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.

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Commercial Insurance Commercial Protection Business Interruption 52

Mark Jackson Insurance Agency

NOVEMBER 22, 2024

Some insurers allow you to modify policies by scaling back liability coverage or suspending specific endorsements while maintaining essential protections like commercial property insurance. Additionally, it’s wise to consider business interruption insurance, especially for seasonal operations.

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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.

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Mark Jackson Insurance Agency

DECEMBER 16, 2024

Assess Property Coverage If youve invested in new equipment, upgraded technology, or relocated to a new office, your property insurance policy may need an update. Consider expanding your coverage if your business has increased its reliance on digital operations or experienced cybersecurity concerns this year.

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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.

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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.

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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.

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Business Interruption Risk Claim Property Insurance 40

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.

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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.

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Protect Commercial Insurance

JANUARY 10, 2025

Enhancing Commercial Property Offerings One major sector that benefits from robust referral partnerships is commercial property insurance. Heres how collaboration can enhance offerings in this field: – Comprehensive Coverage Packages : Partnership allows brokers to provide a full suite of insurance products.

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Protect Commercial Insurance

NOVEMBER 22, 2024

Choosing Comprehensive Policies To ensure your business is protected from all potential angles, it’s crucial to choose a comprehensive policy. This might mean picking additional coverages, like cyber insurance if your business handles sensitive data, or business interruption insurance for unexpected shutdowns.

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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.

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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.

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Protect Commercial Insurance

DECEMBER 6, 2024

As we look towards 2025, businesses are keenly aware of the potential for future global health crises. Insurance products addressing pandemic risks will likely evolve to include integrated response plansspanning business interruption, supply chain disruption, and employee health coverage.

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