Property Insurance Centre

JULY 21, 2024

Aspray, a leading property damage claims management company, can act on your behalf when you need to make a claim. Aspray’s repeat win is a reflection of their unwavering commitment to delivering top-notch service to their clients, ensuring that they receive the best possible outcome in times of property damage.

Claim 52

Claim Property Damage Property Insurance Building 52

Triple-I: Homeowners Insurance

FEBRUARY 13, 2025

Tort reform is discussed as a legislative solution to the challenge of legal system abuse excessive policyholder or plaintiff attorney practices that increase costs and time to settle insurance claims. Rising claim frequency and litigation costs put coverage affordability and availability at risk.

Commercial General Liability 52

Commercial General Liability Commercial Umbrella Claim Liability 52

Bankers Insurance

AUGUST 8, 2024

Most commercial property insurance policies include coinsurance clauses, which encourage policyholders to carry reasonable and accurate coverage amounts. Under a coinsurance clause, a policyholder faces a penalty — usually a reduced payout — if their coverage limit is not at least equal to a predetermined percentage (e.g.,

Commercial Property 59

Commercial Property Property Insurance Commercial Out-Of-Pocket 59

Hunton Andrews Kurth

JULY 20, 2023

The decision underscores the importance of coordination of different coverages and policies across insurance programs, as well as the potential perils policyholders may face if forced to seek recovery for certain losses under non-traditional policies. In any event, the ruling is a mixed bag for policyholders.

Commercial General Liability 40

Commercial General Liability General Liability Injury Property Damage 40

Cover4LetProperty

OCTOBER 10, 2022

You almost certainly asked for a deposit as security for any damage or breakages your tenant might cause during the tenancy, the payment of rent and other bills when they fall due, and the possible cost of cleaning the premises when the tenancy comes to an end. What does let property insurance cover offer by way of protection?

Insurer 52

Insurer Insured Insurance Property Insurance 52

Property Insurance Centre

JANUARY 4, 2024

Outdated property valuations result in underinsured properties. Weather Conditions and Natural Disasters Since 1980, there have been 360 weather- and climate-related natural catastrophes , resulting in damages and costs of over $2.57 Insureds are facing substantial property losses, leading to increased financial burdens.

Property Insurance 52

Property Insurance Commercial Property Liability Insurer 52

Distinguished

NOVEMBER 7, 2024

In the event of a default, the principal must indemnify the surety for any costs or damages paid out to resolve the breach. Insurance Products: Insurance transfers risk from the insured (policyholder) to the insurer (insurance company).

Claim 52

Claim Compensation Risk Broker-Agent 52

LexisNexis

DECEMBER 10, 2024

Generally, an insured's work product is not covered, but defective workmanship that causes property damage is covered. This survey covers state law on the issue of faulty workmanship as an occurrence for purposes of coverage determination under a commercial general liability (CGL) policy.

General Liability 40

General Liability Liability Commercial General Liability Liability Insurance 40

LexisNexis

NOVEMBER 19, 2024

Understand less common situations involving construction accidents or personal injuries that occur within the construction area. Practical Guidance Updates Featuring the latest updates from your Practical Guidance account.

Claim 40

Claim Property Damage Injury General Liability 40

Risk Management Monitor

SEPTEMBER 30, 2022

.” Millions of Floridians do not have power, and officials on the ground report “historic” amounts of storm damage. Ian follows right on the heels of catastrophic damage from Hurricane Fiona. In the meantime, take photos of the damage and do whatever you can to mitigate further damage.

Damage 75

Damage Claim Broker-Agent Risk 75