Insurance Journal

OCTOBER 25, 2024

Eligible commercial property insurance clients of FM will receive a share of $400 million in what the insurer calls a “resilience credit” to be put toward climate mitigation solutions. This is the third resilience credit allocated since FM announced the …

Commercial Property 259

Commercial Property Commercial Property Insurance Insured 259

Insurance Journal

AUGUST 8, 2024

IMA Financial Group, a large brokerage specializing in wealth management and risk advice, is moving into the Florida commercial property insurance market with the acquisition of Wallace Welch & Willingham Inc. WW&W, based in the St. Petersburg area, is considered …

Commercial Property 259

Commercial Property Commercial Property Insurance Risk 259

The Property Insurance Law Observer

MARCH 20, 2025

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.

Property Damage 130

Property Damage Damage Insured Insurer 130

Bankers Insurance

AUGUST 8, 2024

THE IMPORTANCE OF ACCURATE VALUATION IN COMMERCIAL PROPERTY INSURANCE When purchasing or renewing commercial property insurance , it’s important for businesses to ensure their coverage includes correct property valuations. Additionally, property undervaluation can result in coinsurance penalties.

Commercial Property 59

Commercial Property Property Insurance Commercial Out-Of-Pocket 59

Jackson & Jackson

APRIL 26, 2024

Investing in commercial property in California can be a lucrative venture, but it also comes with its unique set of risks and responsibilities. One of the most crucial aspects to consider is commercial property insurance.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

Jackson & Jackson

APRIL 30, 2024

This article explores how various location-based factors affect commercial property insurance rates in California and offers insights for managing these costs effectively. Understanding Location-Based Risk Factors Location plays a pivotal role in determining insurance premiums for commercial properties.

Commercial Property 52

Commercial Property Property Insurance Commercial Crime 52

Jackson & Jackson

APRIL 29, 2024

Commercial property insurance is a significant expense for property investors and owners. This article outlines practical tips and strategies to help commercial property owners in California minimize their insurance expenses while maintaining adequate protection for their investments.

Commercial Property 52

Commercial Property Property Insurance Commercial Deductible 52

Insurance Journal

JULY 14, 2024

By Ezra Amacher A Texas nonprofit health system who purchased a specialized commercial property insurance policy is not covered for business interruption losses caused by COVID-19, a 5th Circuit Court of Appeals panel ruled, relying on existing precedent that COVID-19 …

Business Interruption 130

Business Interruption Commercial Property Commercial Property Insurance 130

Property Insurance Centre

AUGUST 12, 2024

Automatic Fire Alarms in Commercial Properties New Rules 2024 As of October 2024 the London Fire Brigade will cease to attend alarms at commercial properties between the hours of 7am & 8:30 pm. It has been found that 99% of alarms at commercial properties are, in fact, false alarms and take up significant resources.

Commercial Property 52

Commercial Property Commercial Property Insurance Building 52

Jackson & Jackson

MAY 22, 2024

Multi-unit commercial properties in California offer investors the potential for significant returns. Investors must understand the importance of securing comprehensive commercial property insurance coverage to protect their investments. It covers property damage, loss of income, liability claims, etc.

Property Insurance 52

Property Insurance Commercial Property Commercial Insured 52

Jackson & Jackson

APRIL 10, 2024

Investing in commercial property is a significant step for any entrepreneur or business entity. Insurance plays a pivotal role in safeguarding your property and your financial future. Here are five critical considerations you should keep in mind regarding insurance when buying or investing in commercial property.

Commercial Property 52

Commercial Property Commercial Business Interruption Out-Of-Pocket Expense 52

Property Insurance Centre

JANUARY 4, 2024

Emerging Property Insurance Trends 2024 Welcome to our guide on emerging trends in the property insurance industry. As we dive into the evolving landscape of property insurance, it’s important to stay informed about the latest trends and challenges affecting the market. Hurricane Harvey 2017 92.0

Property Insurance 52

Property Insurance Commercial Property Liability Insured 52

The Property Insurance Law Observer

AUGUST 1, 2024

23, 2024), the Supreme Judicial Court of Massachusetts held that the term “surface waters,” as used in a limitation contained in commercial property insurance policies, was ambiguous in the context of rainwater accumulating on roofs, thereby finding coverage for the insured.

Commercial Property 130

Commercial Property Damage Policy Commercial 130

Property Insurance Centre

FEBRUARY 24, 2025

Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you. Whatever your requirements, we can tailor a specialist property insurance policy to suit your exact needs and provide you with a range of quotes to choose from.

Liability 52

Liability Protection Claim Property Insurance 52

Property Insurance Centre

JANUARY 30, 2025

Can I Insure a Partially Empty Block of Flats in the UK? If you own a block of flats with vacant units, you might be wondering whether standard property insurance will cover you. In the UK, insuring a partially empty block of flats is possible, but there are important factors to consider.

Property Insurance 52

Property Insurance Insured Insurer Insurance 52

The Property Insurance Law Observer

AUGUST 22, 2024

Harleysville Insurance Company , 2024 WL 3792261 (D. 2024), the District Court of Massachusetts found that “collapse” provisions within a commercial property policy were ambiguous where a floor merely sagged without completely falling to the ground. In Life Skills, Inc.

Building 130

Building Commercial Property Damage Policy 130

Property Insurance Centre

OCTOBER 18, 2024

How the Climate Crisis is Impacting the UK Property Insurance Market in 2023-2024 The UK property insurance market is increasingly being reshaped by the climate crisis , with extreme weather events such as storms and flooding becoming more frequent and costly.

Property Insurance 52

Property Insurance Premium Insured Insurer 52

Property Insurance Centre

MARCH 11, 2025

Specialist and High-Net-Worth Cover Many blocks in London, especially in prime areas like Kensington or Mayfair, require high-value home insurance tailored to luxury properties. Insurers may include bespoke policies covering artwork, listed building requirements, or concierge services.

Risk 52

Risk Insured Insurer Insurance 52

Mark Jackson Insurance Agency

MARCH 19, 2025

Your current insurance policies may not automatically extend to the new site, and additional coverage may be required. Key policies to review and update include: Commercial Property Insurance to protect your new location against physical damage from fire, vandalism, theft, or natural disasters.

Workers Compensation 52

Workers Compensation Liability Property Damage Inland Marine Insurance 52

Property Insurance Centre

MARCH 19, 2024

Understanding Consumer Education and Property Insurance As an informed consumer, education on consumer rights and property insurance is crucial. It empowers individuals to make informed decisions about insurance coverage and understand their policy rights.

Property Insurance 52

Property Insurance Policyholder Insured Insurer 52

Paragon Independent Insurance Agencies

FEBRUARY 28, 2025

Beyond vehicle coverage, you may also need general liability insurance, which protects against third-party claims for injuries or property damage during business operations. If you own a physical location, commercial property insurance can help protect your building, inventory, and equipment from fire, theft, or natural disasters.

Commercial Insurance 40

Commercial Insurance Commercial General Liability Insurance Agency 40

Property Insurance Centre

JANUARY 27, 2025

Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you. Whatever your requirements, we can tailor a specialist property insurance policy to suit your exact needs and provide you with a range of quotes to choose from.

Building 52

Building Broker-Agent Insured Insurer 52

The Property Insurance Law Observer

JUNE 13, 2024

2024), to preserve diversity jurisdiction, the United States District Court for the Southern District of New York permitted a plaintiff insured to drop non-diverse, dispensable defendant Underwriters at Lloyd’s, London (“Underwriters”) which subscribed to a commercial property insurance policy. 2024 WL 2830909, (S.D.N.Y.

Underwriter 130

Underwriter Underwriting Commercial Property Property Damage 130

Property Insurance Centre

MARCH 21, 2025

Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you. Whatever your requirements, we can tailor a specialist property insurance policy to suit your exact needs and provide you with a range of quotes to choose from.

Premium 52

Premium Insured Insurer Insurance 52

Risk Management Monitor

NOVEMBER 8, 2021

One of the first steps in obtaining commercial property insurance is to determine the value of the property being insured. The reported property value will drive premium amounts and, importantly, represents the property loss exposure. The accuracy of this approach will diminish over time.

Commercial Property 75

Commercial Property Insured Insurer Insurance 75

Insurance Journal

OCTOBER 4, 2024

SPRUCE PINE, N.C. (AP) AP) — Two North Carolina facilities that manufacture the high-purity quartz used for making semiconductors, solar panels and fiber-optic cables have been shut down by Hurricane Helene with no reopening date in sight. Sibelco and The Quartz …

Commercial Property 289

Commercial Property Property Insurance Damage Commercial 289

Protect Commercial Insurance

MAY 24, 2024

Professional liability insurance provides coverage for legal defence costs, settlements, and judgments, ensuring that your business is protected from potential lawsuits. Commercial Property Insurance While many businesses have property insurance, they often overlook the importance of commercial property insurance.

Insurance Policy 52

Insurance Policy Protection Policy Business Interruption 52

Insurance Journal

OCTOBER 8, 2024

who now works for billionaire climate investor Tom Steyer, says commercial real estate deals will increasingly need to price in rising insurance costs, as hurricane seasons get more destructive … Joseph Sumberg, a former managing director at Goldman Sachs Group Inc.

Commercial 278

Commercial Risk Insured Insurer 278

Insurance Journal

MARCH 13, 2025

NORTH CHARLESTON, S.C. (AP) AP) A man burned three Tesla chargers in a South Carolina parking lot and also apparently inadvertently set his clothes on fire, police said. The man spray-painted “long live the Ukraine” and a crude reference to …

Commercial Property 225

Commercial Property Property Insurance Commercial Insured 225

Insurance Journal

DECEMBER 29, 2024

An outdoor holiday market in New York City’s Bryant Park briefly caught fire last Friday morning, sending flames and plumes of smoke above the popular midtown Manhattan tourist draw as firefighters rushed to put out the blaze. No one was …

Commercial Property 264

Commercial Property Property Insurance Commercial Insured 264

Insurance Journal

DECEMBER 30, 2024

ATLANTA (AP) A woman died and two other people were hospitalized with injuries after a fire at a Tyson Foods plant in southwest Georgia, state officials said Friday. A wall fell on the cab of an 18-wheel truck parked …

Injury 264

Injury Workers Comp Workers Compensation Commercial Property 264

Insurance Journal

AUGUST 21, 2024

CHARLESTON, W.Va. (AP) AP) — West Virginia Gov. Jim Justice, deep in the middle of a U.S. Senate race, is also in a mad-dash legal fight to keep a historic West Virginia hotel at his luxury resort before it’s auctioned off …

Commercial Property 263

Commercial Property Property Insurance Commercial Liability 263

Insurance Journal

SEPTEMBER 19, 2024

Jewelers Mutual Insurance, one of the largest and oldest jeweler-focused insurers in the country, plans to lease a full floor of a new officer tower in downtown Raleigh, North Carolina, a move that will create about 200 jobs, according to …

Insured 252

Insured Insurer Insurance Commercial Property 252

Insurance Journal

FEBRUARY 27, 2025

A Missouri woman pleaded guilty Tuesday to a federal charge accusing her of concocting a brazen plot to defraud Elvis Presley’s family by trying to auction off his Graceland mansion and property before a judge halted the mysterious foreclosure sale.

Commercial Property 244

Commercial Property Property Insurance Commercial Insured 244

Insurance Journal

NOVEMBER 21, 2024

PETERSBURG, Fla. (AP) AP) — A combination of severe hurricane damage to Tropicana Field and political delays on financing means it is highly unlikely the Tampa Bay Rays’ planned new stadium will be ready for the 2028 season, if at …

Damage 243

Damage Commercial Property Insurance Claim Property Insurance 243

Risk Management Monitor

AUGUST 9, 2022

As companies assess their natural disaster preparedness, there are some proactive measures that should be taken specifically for hail to leave organizations best positioned for any resulting insurance claims. Let’s say you operate a business in Plano, Texas, and have a commercial property policy with a renewal date of January 1, 2022.

Damage 78

Damage Claim Commercial Property Deductible 78

Property Insurance Centre

JANUARY 16, 2025

Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE The Growing Need for Commercial Flood Insurance Flooding is the most common natural disaster in the UK, with 5.2 million properties at risk, according to the Environment Agency.

Commercial 52

Commercial Commercial Property Insured Insurer 52