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Lack of Insurable Interest Precludes Recovery for Property Damage

The Property Insurance Law Observer

Consequently, the plaintiff was not entitled to indemnity for damage to the property it purported to insure under a commercial property insurance policy. [1] During the policy term, the business claimed that the properties suffered damage caused by a hurricane and submitted a claim to the insurer.

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LMI Claims Conference

Prof. Allan Manning

Realising the importance of ongoing learning, LMI held their annual conference for the claims team in Sydney last week. We also covered off the various compliance training and testing that is necessary when you hold a Australian Financial Services License. Something that LMI Group take very seriously.

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Housing Code Violations in Philadelphia: An Interview with Katie Vespia

Distinguished

Other common violations include sanitation and plumbing issues , such as leaking pipes that lead to water damage and mold growth, as well as problems with sewage and drainage systems. The L&I Property History Tool is very useful, providing details on permits, licenses, violations, and appeals linked to a specific address.

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What Does an Insurance Adjuster Do?

Wren Insurance Agency

At this time of year, typically due to Florida storms causing damage to our homes, there are a larger number of insurance claims than normal. Many adjusters investigate your claim by visiting your property; in person, viewing and documenting losses and damages personally.

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Renovations and Home Insurance: What You Need to Know

Boyle Agency Insurance

Failing to do so could leave your home underinsured in the event of a claim. It provides coverage for property damage and theft of building materials during the renovation process. A safe renovation environment can help prevent liability claims on your insurance. This coverage safeguards your investment from unexpected setbacks.

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Avoiding Common Home Insurance Claims During Renovations

Mark Jackson Insurance Agency

However, amidst the excitement, it's crucial to undertake precautions to avoid common pitfalls that could lead to home insurance claims. This can lead to significant water damage, a common cause of home insurance claims. This can lead to significant water damage, a common cause of home insurance claims.

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Housing Code Violations in Los Angeles: An Interview with Katie Vespia 

Distinguished

Along with this, mold and water damage often due to leaking pipes, poor ventilation, or roof damageposes serious health hazards if not promptly repaired. These cases often focus on whether an insurer is required to cover damages when a policyholder has violated housing codes or other regulations. Pest infestations are also widespread.