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Lack of Insurable Interest Precludes Recovery for Property Damage

The Property Insurance Law Observer

Consequently, the plaintiff was not entitled to indemnity for damage to the property it purported to insure under a commercial property insurance policy. [1] During the policy term, the business claimed that the properties suffered damage caused by a hurricane and submitted a claim to the insurer.

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LMI Claims Conference

Prof. Allan Manning

We also covered off the various compliance training and testing that is necessary when you hold a Australian Financial Services License. Something that LMI Group take very seriously. Thanks to Alison from LMI College who ran the various sessions and congratulations to Steve Smith our Technical Manager who blitzed the tests.

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Driving Without Insurance in Florida

TGS

10,000 in Property Damage Liability (PDL): Pays for damage you cause to someone elses property in an accident. Heres what you could face: Fines and Fees: A first offense can result in a fine of up to $500, plus additional reinstatement fees to get your license and registration back.

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Housing Code Violations in Philadelphia: An Interview with Katie Vespia

Distinguished

Other common violations include sanitation and plumbing issues , such as leaking pipes that lead to water damage and mold growth, as well as problems with sewage and drainage systems. The L&I Property History Tool is very useful, providing details on permits, licenses, violations, and appeals linked to a specific address.

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Renovations and Home Insurance: What You Need to Know

Boyle Agency Insurance

It provides coverage for property damage and theft of building materials during the renovation process. Hire Licensed Contractors: Ensure that contractors and workers are licensed and insured to minimize liability risks. This coverage safeguards your investment from unexpected setbacks.

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What Does an Insurance Adjuster Do?

Wren Insurance Agency

At this time of year, typically due to Florida storms causing damage to our homes, there are a larger number of insurance claims than normal. Many adjusters investigate your claim by visiting your property; in person, viewing and documenting losses and damages personally.

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Housing Code Violations in Los Angeles: An Interview with Katie Vespia 

Distinguished

Along with this, mold and water damage often due to leaking pipes, poor ventilation, or roof damageposes serious health hazards if not promptly repaired. These cases often focus on whether an insurer is required to cover damages when a policyholder has violated housing codes or other regulations. Pest infestations are also widespread.