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Construction Financing and Factoring of Insurance Receivables—MMA Related Case Sheds Light on Factors in the Property Insurance Claim Industry

Property Insurance Coverage Law

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

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Protect Your Finances: The Truth About Small Insurance Claims

Shield Insurance Agency

Shield Insurance Blog | Small Insurance Claims | Contact Our Sales Team! Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with.

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What Does It Mean to Be a No-Fault State?

TGS

Pros: Faster Claims Processing: Since you’re dealing with your own insurer, claims are often processed more quickly. While it covers medical expenses, lost wages, and certain other costs, it doesn’t cover property damage to your car or liability for damages to others.

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The Importance of Experts J&S Welding, Inc. v. Liberty Mutual Insurance Company

The Property Insurance Law Observer

Subsequently, West American issued payment for the damages it deemed to be covered and non-cosmetic. Despite arguing otherwise, the Insured did not produce any expert evidence regarding the cost to repair or replace the roof or the tools and electrical equipment that the Insured claimed were also damaged.

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What to Do After a Car Accident: A Step-by-Step Guide

TGS

In many states, you’re required to file a police report for accidents that involve injuries or significant property damage. Plus, having a police report on file can help you later when dealing with insurance claims. Keep all medical records and receipts in case you need them for an insurance claim.

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What’s in a Name (Insured)? Pennsylvania Federal Court Holds Homeowners’ Insurance Policy’s Requirement to Submit to Examination Under Oath Applies Only to Named Insured

The Property Insurance Law Observer

Specifically, the Court affirmed that the duty to submit to an EUO, as included in the insurance policy, applied only to a “named insured” and not an “insured person” and, as such, the named insured’s son failure to comply did not constitute a material breach of the insurance policy.

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How to Protect your Business Against Frozen Pipes and Sprinkler Systems

Bankers Insurance

Property damage: Burst pipes and malfunctioning sprinkler systems can result in substantial water damage to a building’s structure, interior, and equipment, incurring significant repair costs. Failure to uphold a functional sprinkler system can lead to legal compliance problems, fines, and penalties.