Insurance Journal

JULY 17, 2024

The commercial property insurer on July 17 unveiled its new name and “titanium” logo at the company’s midyear meeting. FM Global said it will now be known simply as FM. “We believe that by uniting our businesses under the FM …

Commercial Property 262

Commercial Property Commercial Property Insurance Insurer 262

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 Insurer 259

Property Insurance Coverage Law

MARCH 6, 2025

The case ofAcademy Bank NA v.AmGuardInsurance Company 1 provides a compelling example of how Missouri courts handle bad faith and vexatious refusalclaims, not just forresidential and commercial property owners butalsoforbanks … The post Bad Faith and Vexatious Refusal in Missouri appeared first on Property Insurance Coverage Law Blog.

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Commercial Property Policyholder Commercial Property Insurance 124

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

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.

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Commercial Risk Insurer Insured 278

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 Insurer Insured 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.

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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. Properties in high-risk areas for earthquakes and wildfires may see higher premiums.

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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.

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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.

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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 …

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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

Paragon Independent Insurance Agencies

FEBRUARY 28, 2025

At Paragon Independent Insurance Agency, we provide businesses in the greater Plano, TX area with various commercial insurance products. So, how do you determine which commercial insurance products will best protect your business? first appeared on Insurance Blog | Paragon Independent Insurance Agencies.

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Commercial Insurance Commercial Insurance Agency General Liability 40

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

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 Insurer 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.

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Commercial Property Damage Policy Commercial 130

Property Insurance Centre

FEBRUARY 24, 2025

By taking proactive stepslike securing insurance, structuring your business properly, and following best practicesyou can protect yourself, your business, and your financial future. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership.

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Liability Protection Claim Property Insurance 52

Mark Jackson Insurance Agency

MARCH 19, 2025

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical.

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Workers Compensation Liability Property Damage Injury 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 Insurer 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 Insurer Insured Insurance 52

The Property Insurance Law Observer

AUGUST 22, 2024

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. During the policy period, the insured’s floor “sunk” between eight to 12 inches.

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Building Commercial Property Damage Policy 130

Property Insurance Centre

JANUARY 16, 2025

Understanding Commercial Flood Insurance in the United Kingdom Flooding has become an increasingly significant risk for businesses across the United Kingdom as climate change intensifies weather extremes. million properties at risk, according to the Environment Agency.

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Commercial Commercial Property Insurer Insured 52

Property Insurance Centre

JANUARY 27, 2025

Shared Ownership Flats If youre in a shared ownership scheme, the housing association usually arranges insurance, but you should confirm this in your agreement. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership.

Building 52

Building Broker-Agent Insurer Insured 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. Letting you give your eyes a break!!

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Risk Insurer Insured Insurance 52

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 Insurer Insured 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.

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Underwriter Underwriting Commercial Property Property Damage 130

Property Insurance Centre

MARCH 21, 2025

Check out our block of flats insurance p age and get a quote. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership. 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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Premium Insurer Insured 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.

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Commercial Property Insurer Insured Insurance 75

Protect Commercial Insurance

NOVEMBER 22, 2024

Introduction Navigating the world of commercial insurance can feel a bit like wandering through a maze, with myths lurking around every corner. In this blog, we’ve set out to debunk some of the most common insurance myths. A single incident can be financially crippling, but insurance shields you from unprecedented risks.

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Commercial Insurance Commercial Cyber Insurer 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 Insurer Insured 52

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.

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Insurance Policy Protection Policy Business Interruption 52

Protect Commercial Insurance

DECEMBER 6, 2024

Introduction The world of commercial insurance is constantly evolving, adapting to meet the changing needs of businesses. As we inch closer to 2025, several trends are emerging that promise to reshape the landscape of business insurance.

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Commercial Insurance Commercial Insurer Insured 52

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 …

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Commercial Property Property Insurance Damage Commercial 289

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 Insurance 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

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.

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Damage Claim Commercial Property Deductible 78

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 …

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Insurer Insured Insurance Commercial Property 252