Insurance Journal

MARCH 27, 2025

A federal judge has dismissed a proposed class action filed on behalf of Pennsylvania homeowners who believe that State Farm undervalued their property damage claims in its use of the Xactimate software that is popular with insurers. The lead plaintiffs, …

Property Damage 270

Property Damage Damage Claim Insured 270

Insurance Journal

SEPTEMBER 20, 2024

Louis’ Cathedral Basilica, badly damaging it, police said. LOUIS (AP) — A man used construction equipment to drop a heavy boom lift onto a sculpture that has stood for 25 years outside St. It wasn’t immediately clear whether the …

Damage 278

Damage Property Damage 278

Insurance Journal

SEPTEMBER 15, 2024

A Colorado man was charged with arson after an investigation into a wildfire this summer that destroyed 29 homes and caused more than $30 million in property damage, authorities said. Jason Alexander Hobby, 49, was arrested last week, Larimer County …

Property Damage 264

Property Damage Damage Property Insurance Insured 264

Insurance Journal

JULY 18, 2024

AP) — A fast-moving forest fire broke out Tuesday at a major military gunnery range in southern New Jersey, but no injuries or property damage has been reported. BARNEGAT, N.J. (AP) The New Jersey Forest Fire Service responded around 2:15 p.m.

Property Damage 264

Property Damage Injury Damage 264

Property Insurance Coverage Law

MARCH 30, 2025

A recent court ruling has provided significant clarity on whether State Farms use of Xactimates “New Construction” labor efficiency setting is legally permissible in property damage estimates.

Property Damage 100

Property Damage Property Insurance Damage Insured 100

Insurance Journal

FEBRUARY 14, 2025

iink, a provider of technology to streamline the property damage insurance claims process and support faster payments to contractors, property owners, and claim professionals, is pleased to announce the appointment of Scott Fleszar as its new Chief Executive Officer. Mr. …

Property Damage 246

Property Damage Damage Insurance Claim Claim 246

Insurance Journal

NOVEMBER 7, 2024

The latest forest fire to break out in New Jersey spurred authorities to evacuate more than a dozen homes Wednesday as crews worked to contain the blaze, but no injuries or property damage has been reported. The New Jersey Forest …

Property Damage 243

Property Damage Injury Damage 243

Insurance Journal

JULY 25, 2024

Evacuation orders and warnings were issued, but the under of residents affected or properties damaged or destroyed has yet … A wildfire that started Wednesday near Chico, California grew quickly to 45,549 acres overnight to become the state’s largest active blaze.

Property Damage 214

Property Damage Damage Insured Insurer 214

Property Insurance Coverage Law

MARCH 30, 2025

A recent court ruling has provided significant clarity on whether State Farms use of Xactimates “New Construction” labor efficiency setting is legally permissible in property damage estimates.

Property Damage 185

Property Damage Property Insurance Damage Insured 185

Property Insurance Coverage Law

OCTOBER 5, 2024

When navigating the aftermath of a property damage claim, many homeowners seek professionals to help them secure the best possible settlement from their insurance company.

Property Damage 185

Property Damage Policyholder Property Insurance Damage 185

Property Insurance Coverage Law

AUGUST 18, 2024

Property damage insurance claims funding by factoring companies is a relatively recent phenomenon in the property insurance claims industry.

Property Insurance 189

Property Insurance Insurance Claim Claim Property Damage 189

The Property Insurance Law Observer

SEPTEMBER 23, 2024

American Guarantee and Liability Insurance Company , the United States District Court for the District of Massachusetts held that a loose bolt or fitting that could be remedied simply by tightening it did not constitute “direct physical loss of or damage” to equipment covered under an all-risk property insurance policy. [1]

Damage 130

Damage Business Interruption Property Damage Policy 130

Relation

MARCH 10, 2025

Whether it’s a lawsuit, property damage, or an unforeseen disruption, the lack of sufficient insurance can lead to devastating financial consequences. Did you know that 75% of small businesses are underinsured? Many business owners believe they have adequate coverageuntil an unexpected claim arises.

Property Damage 52

Property Damage Damage Claim Risk 52

Central Insurance

JANUARY 20, 2025

Discover how excavation contractor insurance protects your business from risks like property damage, liability, and equipment loss. The post Excavation Contractor Insurance: Five Policies You Need to Protect Your Business appeared first on Central Insurance Blog.

Protection 130

Protection Policy Property Damage Liability 130

Central Insurance

NOVEMBER 15, 2024

Learn about the essential types of insurance for retail stores and how to protect against risks like theft, liability, and property damage. The post 5 Types of Insurance for Retail Stores appeared first on Central Insurance Blog.

Property Damage 130

Property Damage Theft Liability Damage 130

Insurance Journal

NOVEMBER 6, 2024

Connecticut Governor Ned Lamont recently reminded homeowners, renters and businessowners in Fairfield, Litchfield and New Haven counties that less than two weeks remain to apply for federal disaster assistance to support recovery for uninsured or underinsured property damage experienced during …

Property Damage 130

Property Damage Damage 130

Central Insurance

JULY 25, 2024

LRO insurance provides comprehensive protection against commercial property damage, liability claims, and income loss. In this article, we explore the key differences between LRO and general liability insurance and why commercial landlords need to have this coverage. The post What is LRO Insurance?

General Liability 130

General Liability Commercial Property Property Damage Commercial 130

The Property Insurance Law Observer

FEBRUARY 25, 2025

After a fire destroyed the property on June 10, 2021, Jackson filed a claim for damages. Spinnaker denied coverage, citing that (1) the property did not qualify as a residence premises, and (2) Jacksons alleged misrepresentations voided coverage under the policy.

Claim 130

Claim Policy Insurance Companies Damage 130

Mark Jackson Insurance Agency

MARCH 19, 2025

From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical. Without the right coverage, unforeseen challenges—such as property damage, employee injuries, or legal issues—could put your investment at risk.

Workers Compensation 52

Workers Compensation Liability Property Damage Inland Marine Insurance 52

Shield Insurance Agency

MARCH 31, 2025

Running a warehouse in Michigan involves managing a variety of risks, from property damage to employee injuries. Warehouse Operations in Michigan: A Risk Landscape Warehouses face a unique set of risks, including damage to goods, equipment breakdown, and liability issues. This is where commercial insurance comes in.

Commercial Insurance 52

Commercial Insurance Commercial Insurance Agency Injury 52

Property Insurance Coverage Law

MARCH 1, 2025

Residential property damage attorneys who represent policyholders for any length of time will eventually come to the realization that getting a favorable verdict or settlement is only half of the battle. If there is an existing mortgage on the damaged property, the fight to make the Policyholder whole is far from over.

Property Damage 100

Property Damage Policyholder Damage Property Insurance 100

TGS

MARCH 17, 2025

Liability only auto insurance steps in to cover the damage youve done to the other guys car or their medical bills if theyre hurt. Its got two main parts: bodily injury liability and property damage liability. What About Other Kinds of Damage? Picture thisyoure behind the wheel, and oops, you cause a fender bender.

Auto Insurance 59

Auto Insurance Liability Risk Out-Of-Pocket 59

McMahon Insurance Agency

AUGUST 7, 2024

Storm surges pose a significant threat to coastal communities, often resulting in catastrophic flooding, extensive property damage, and loss of […]

Property Damage 88

Property Damage Risk Damage Insurance Companies 88

The Property Insurance Law Observer

OCTOBER 9, 2024

In Wood , the insureds, Nancy and John Wood, filed a claim to their insurer, GeoVera Specialty Insurance Company, for property damage following Hurricane Ian. The court confirmed that insurers are not obligated to pay more than the stated limit, even if the damage exceeds that amount.

Policy 130

Policy Damage Insured Insurer 130

CDC: Workers Compensation

OCTOBER 8, 2024

1][2] Additionally, crashes during roadway incident responses can cause extensive property damage to agency equipment, such as ambulances and fire apparatus.[3] These secondary crashes during responses to roadway incidents contribute to about 50 emergency responder fatalities and injuries annually.[1][2]

Protection 95

Protection Property Damage Injury Damage 95

Triple-I: Homeowners Insurance

FEBRUARY 13, 2025

Property damage liability claims per 100 insured vehicles are 15 percent higher, and relative body injury claims frequency is 60 percent higher. Rising claim frequency and litigation costs put coverage affordability and availability at risk.

Commercial General Liability 89

Commercial General Liability Commercial Umbrella Claim Liability 89

The Property Insurance Law Observer

SEPTEMBER 16, 2024

The 6th Circuit held that the property policy’s cosmetic damage exclusion applied to bar coverage because the insured, J&S Welding, Inc. Insured”), failed to disclose or produce any expert evidence to rebut the conclusions of the West American’s three experts, who determined the roof’s damage was merely cosmetic.

Insurance Companies 130

Insurance Companies Damage Insured Insurer 130

The Property Insurance Law Observer

FEBRUARY 14, 2024

The insureds suffered property damage caused by a tornado and subsequently submitted a claim to their insurer. The insurer paid only a portion of the claim because it maintained that the tornado that struck and damaged the property was a “windstorm” and, therefore, the claim was subject to the policy’s “Windstorm or Hail Deductible.”

Policy 130

Policy Deductible Damage Property Damage 130

Boyle Agency Insurance

MARCH 31, 2025

Property Damage – Valuable gifts get broken, or the wedding gown is ruined. Professional Vendor Issues – the wedding venue you chose has closed, the photographer didn’t show, or the band you booked has broken up. These last-minute problems can leave you scrambling for alternatives at a very stressful time.

Insured 52

Insured Insurer Insurance Property Damage 52

Scott Insurance

FEBRUARY 19, 2025

Rehabs expose developers to heightened risks and, subsequently, higher insurance costs due to the complexities of simultaneously managing the property being rehabbed and the existing structures, e.g. any property not under construction (whether occupied or unoccupied). Consider a scenario where a rehab is underway.

Underwriter 52

Underwriter Underwriting Insured Insurer 52

The Property Insurance Law Observer

MARCH 4, 2024

26, 2024), the Western District of Washington considered competing motions for partial summary judgment in a property damage case involving a winter storm, where large amounts of rain and melted snow backed the drain up and the force of the water pushed through the exterior door causing damage to the entire basement level.

Damage 130

Damage Policy Claim Property Damage 130

Scott Insurance

JULY 9, 2024

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.

Damage 52

Damage Theft Property Damage Insurance Carrier 52

TGS

MARCH 4, 2025

10,000 in Property Damage Liability (PDL): Pays for damage you cause to someone elses property in an accident. If you cause an accident, you could be personally responsible for thousands of dollars in damages and medical billscosts that proper insurance could have covered.

Auto Insurance 52

Auto Insurance License Insured Insurer 52

Agency Height

NOVEMBER 19, 2024

Learn who is at fault in rear-end collisions, how car insurance covers damages, and average payouts for property damage and injuries.

Property Damage 52

Property Damage Injury Damage Insured 52

Boyle Agency Insurance

FEBRUARY 3, 2025

It provides coverage for property damage and theft of building materials during the renovation process. Standard home insurance policies typically have restrictions regarding vacant homes, and this specialized coverage can bridge the gap during renovation periods. This coverage safeguards your investment from unexpected setbacks.

Home Insurance 45

Home Insurance Theft License Insured 45

Distinguished

FEBRUARY 24, 2025

Based on our decades of experience in this industry, here are some of the top exposures we see restaurants facing in markets like Charlotte: Fire damage: Fire is a constant risk in hot kitchens, and even a small incident could lead to heavy repair bills and a temporary closure.

Liability 52

Liability Liability Insurance Insured Insurer 52

The Property Insurance Law Observer

AUGUST 1, 2024

Background The insurers issued commercial property policies that provided coverage for a hospital. As a result of a storm, rainwater accumulated on multiple roof areas, and eventually seeped inside, causing damage to the building and property within.

Commercial Property 130

Commercial Property Damage Policy Commercial 130