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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.

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The User Friendly Electrical Safety Guide For Business Owners

Property Insurance Centre

Use portable generators safely, installed by a licensed electrician. It’s also important to work within one’s qualifications and refer jobs to more experienced licensed electricians. Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you.

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Understanding Consumer Education and Property Insurance

Property Insurance Centre

One effective way insurers can contribute to consumer education is by including educational materials with insurance policies. Furthermore, it is essential for policyholders to understand the role of flood insurance and the specific documentation requirements associated with it.