The Property Insurance Law Observer

JANUARY 23, 2025

Legal Implications: This decision is important because in cases where an insured/plaintiff does not have any evidence of repairing or replacing damaged property, insurance carriers can exclude any replacement cost evidence from trial which can further limit the amount that an insured/plaintiff can recover.

Damage 130

Damage Insurer Insurance Insured 130

Scott Insurance

FEBRUARY 27, 2024

The Hardening Property Insurance Market Since 2017, the property insurance market has been hardening, resulting in lower available limits, higher deductibles and increased premiums. suburban) and are more susceptible to the use of crime scores when underwriters rate their liability insurance.

Deductible 52

Deductible Underwriter Underwriting Property Insurance 52

Risk Management Monitor

AUGUST 9, 2022

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. You learn that the roof needs to be replaced due to the existence of hail damage, so you submit a claim to your insurance carrier. Lowen Valley View, L.L.C.

Damage 78

Damage Claim Commercial Property Deductible 78

Majesco

APRIL 11, 2024

These are still missed opportunities if insurers aren’t taking advantage of them, and they represent a large portion of the portfolio of commercial property insurers. I hope in the next 12-18 months, carriers will start extending these programs into larger parts of their portfolios.

Commercial Property 40

Commercial Property Risk Claim Deductible 40