The Property Insurance Law Observer

MARCH 12, 2024

The Court considered whether the Plaintiffs’ loss was caused by theft or vandalism, as neither term was defined in the policy. On November 20, 2021, after the home was vacant for an extended period of time, unidentified individuals broke into and damaged Plaintiffs’ property, taking various items. Allstate Vehicle & Prop.

Theft 130

Theft Insurance Policy Policy Personal Property 130

The Property Insurance Law Observer

JULY 29, 2024

Actual cash value of the stolen or damaged property less the deductible; or 2. Payment of loss We may pay for loss in money or repair or replace the damaged or stolen property. If we return stolen property we will pay for any damage resulting from the theft. Our limit of liability for loss will be the lesser of the: 1.

Policyholder 130

Policyholder Damage Deductible Liability 130

ProWriters

FEBRUARY 23, 2025

China’s quest for “independence from the West” has led it to conduct state-sponsored campaigns of “cyber espionage and intellectual property theft,” Lior Div told cyber security firm ExtraHop. Security experts also believe China and Iran pose significant cyber risks.

Cyber 53

Cyber Insurer Insurance Insured 53

Property Insurance Centre

SEPTEMBER 25, 2024

See what is not covered in terms of events/damage for your policy and think about getting flood insurance or accidental damage insurance if desired. Accidental damage is not usually covered by a normal building insurance policy. It may also cover damage caused by burst pipes, subsidence, or accidental damage.

Building 52

Building Insurer Insurance Insured 52

Property Insurance Centre

NOVEMBER 11, 2024

Let’s have a look at them… Don’t claim for everything – One thing insurers do not like, is a policyholder that claims over multiple times a year & for the smallest thing. Insurers, do not however, look on negatively when a customer claims for substantial damage when they need genuine help.

Insurer 52

Insurer Insurance Insured Premium 52

Protect Commercial Insurance

JUNE 27, 2024

For example, a small retail shop could face severe repercussions from events such as fire, theft, or customer injuries on premises. It’s also tied specifically to disruptions caused by direct physical loss or damage, such as from natural disasters or accidents. Commercial insurance offers particularly critical protections here.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Business Interruption 52

Property Insurance Centre

JANUARY 30, 2024

This type of insurance is designed to safeguard the physical structure of the property, providing financial protection in the event of damage or loss due to various risks. This includes providing details about any unoccupied flats, as they may pose higher risks due to increased vulnerability to theft, vandalism, or damage.

Building 52

Building Insurer Insurance Insured 52