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Lack of Insurable Interest Precludes Recovery for Property Damage

The Property Insurance Law Observer

Hawley Insurance Co. 2025)), the United States District Court for the Southern District of New York determined that the plaintiff lacked an insurable interest in property it insured because it did not own or possess the property or suffer economic loss due to the propertys destruction. Litigation ensued regarding that claim.

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Renovations and Home Insurance: What You Need to Know

Boyle Agency Insurance

Contact your insurance provider to discuss adjusting your policy to cover the updated value of your property. Failing to do so could leave your home underinsured in the event of a claim. Builder’s Risk Insurance For major renovations or construction projects, builder’s risk insurance can be invaluable.

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How To Become a Life Insurance Agent

Final Expense Brokerage

Share: Understanding the Role of a Life Insurance Agent As a life insurance agent, your primary role is to help individuals and families protect their financial future by providing them with suitable life insurance policies. After completing the course, you will need to pass a licensing exam.

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How to become an insurance agent? Ultimate guide

Friendly Agent

Deciding which product to sell On your way to becoming the full-fledged insurance agent, among the things you will have to do is to decide which products you will sell. You may find various types of personal insurance and commercial insurance policies. There are Property and Casualty, Life/health insurance, and more.

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Housing Code Violations in Philadelphia: An Interview with Katie Vespia

Distinguished

Beyond monetary penalties, the Department of Licenses and Inspections (L&I) may also issue orders to cease operations or require the property to be vacated if the health or safety risks are deemed too severe. Have any legal precedents shaped the relationship between housing violations and insurance coverage?

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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. It's essential to ensure that your home insurance policy covers the new additions to your home.

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Housing Code Violations in San Francisco: An Interview with Katie Vespia

Distinguished

They can educate clients on which violations require immediate attention and direct them to reliable resourcessuch as lists of licensed contractors and repair servicesto ensure prompt resolution. Have any legal precedents shaped the relationship between housing violations and insurance coverage?