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Insurance Journal
OCTOBER 6, 2024
Multi-Family Commercial Property Program Market Detail: Amalgamated Insurance Underwriters offers a commercial property program for hard to place multi-family habitational/commercial properties.
Insurance Journal
OCTOBER 6, 2024
Multi-Family Commercial Property Program Market Detail: Amalgamated Insurance Underwriters offers a commercial property program for hard to place multi-family habitational/commercial properties.
Triple-I: Homeowners Insurance
OCTOBER 10, 2024
property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. points year-over-year improvement, with commercial lines continuing to outperform personal lines. represented a 2.3-points
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The Property Insurance Law Observer
JUNE 13, 2024
Certain Underwriters at Lloyd’s, London, et al. 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.
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.
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. Underwriters at Lloyd’s, London , 2012 WL 2020168 (D. Great Am.
Property Insurance Centre
JANUARY 4, 2024
. “Insureds need to be aware of the potential risks they face and work closely with their insurers to understand the coverage limitations and take proactive measures to protect their properties.” Insurers are investing in advanced technology and data analytics to improve risk assessment and underwriting processes.
Property Insurance Centre
NOVEMBER 11, 2024
In other cases, it will be due to underwriting appetite of insurers and their ever changing attitudes to risk. For example, many commercial buildings and retail business will often have large theft excesses applied, as a result of theft & malicious damage claims. Getting an alarm will often be a deterrent in the first instance.
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