Scott Insurance

FEBRUARY 19, 2025

Rehabs expose developers to heightened risks and, subsequently, higher insurance costs due to the complexities of simultaneously managing the property being rehabbed and the existing structures, e.g. any property not under construction (whether occupied or unoccupied). Consider a scenario where a rehab is underway.

Underwriter 52

Underwriter Underwriting Insured Insurance 52

Distinguished

FEBRUARY 24, 2025

Over-serving of alcohol: Restaurants can face legal and financial fallout if the alleged over-serving of a patron leads to property damage or a car accident. Slip-and-fall incidents: High foot traffic in dining areas and restrooms increases the risk of customer or employee injuries, which can lead to costly liability claims.

Liability 52

Liability Liability Insurance Insured Insurance 52

The Property Insurance Law Observer

FEBRUARY 14, 2024

Privilege Underwriters Reciprocal Exchange (2024 WL 322297 (Tex. The insureds suffered property damage caused by a tornado and subsequently submitted a claim to their insurer. Texas cases have uniformly applied windstorm coverage to damage caused by tornadoes. In Mankoff v. Dallas Jan. That provision stated: 5.

Policy 130

Policy Deductible Damage Property Damage 130

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

Scott Insurance

JANUARY 28, 2022

While insurance coverage is typically relied upon for many property-related losses, there remains a disconnect about how mold claims are often handled by the insurance industry. In some situations, property policies might give a sub-limit to help with remediation costs.

General Liability 52

General Liability Deductible Liability Property Damage 52

The Property Insurance Law Observer

AUGUST 22, 2024

Specifically, the insured noted that the “floor had sagged, was bouncing, and that a section of the floor had partially detached from the Property’s exterior wall.” This prompted the insured to submit a claim. Underwriters at Lloyd’s, London , 2012 WL 2020168 (D. Great Am.

Building 130

Building Commercial Property Damage Policy 130

Distinguished

SEPTEMBER 25, 2024

Property damage : Damages to the building that is being constructed or renovated. Equipment : Covers damages to or theft of equipment used on the job site. Premises liability claims : Legal expenses and liability coverage related to any injuries, including trips and falls, that occur on the site.

Risk 52

Risk Broker-Agent Insured Insurance 52