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DARAG Acquires Run-Off Portfolio From wefox Insurance AG

Insurance Journal

DARAG, a leading legacy acquirer with a focus on the European and UK market, and wefox Insurance AG, the Liechtenstein-domiciled insurance carrier of wefox Group, announced the transfer of a run-off portfolio including motor damage and third-party liability, private liability …

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Decision: Insurer Prevails on Motion in Limine to Exclude RCV Evidence at Trial

The Property Insurance Law Observer

District Court for the Middle District of Florida granted the insurers motion in limine and excluded evidence and testimony regarding replacement cost value of damages, matching, and to limit damages to direct physical loss. 2d 684, 690 (Fla. 2d DCA 2008).

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Proactive Tips for Businesses Facing Hail Damage Claims

Risk Management Monitor

Last week, a severe thunderstorm unleashed massive hailstones in Alberta, Canada, damaging dozens of cars and unleashing potentially record-breaking hailstones the size of grapefruits. In that case, a hotel filed a lawsuit against its insurer for refusing to cover hail-related roof damage under a commercial property insurance policy.

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What Is Reasonable Care for Maintaining Heat in an Unoccupied Home?

The Property Insurance Law Observer

On January 2, 2019, a real estate broker arrived at the house and discovered extensive water damage. It was later determined that the damage occurred when a second-floor radiator pipe had frozen and burst. Plaintiff, who had left for an extended vacation a month prior, notified Leatherstocking of the loss.

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Human Needs Drive Insurance and Should Drive Tech Solutions

Triple-I: Homeowners Insurance

Similarly, advanced smart devices such as those developed by Whisker Labs (Ting) and Ondo InsurTech (LeakBot) continuously detect conditions that could lead to damage within a home and notify homeowners before losses occur. I remember when insurance companies advertised dependability and stability, Temple explained.

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How Automatic Water Shut-off Systems Can Help Homeowners Avoid Costly Water Damage

Scott Insurance

Water damage, one of the leading and most costly causes of property damage in the U.S., However, many homeowners are unaware of one simple solution that can prevent damage, save them money and give them peace of mind. Often, water damage inside the home is caused by leaks in the plumbing system.

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CHUBB INSURANCE FOR NJ HOMEOWNERS

Boyle Agency Insurance

Great Protection – Fair Price Bogle Agency Insurance of Lyndhurst NJ offers Chubb Masterpiece Homeowners Insurance to NJ homeowners. Chubb is a top American insurance carrier that offers a quality product to NJ homeowners to protect their most valuable asset, their home.

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