The Property Insurance Law Observer

MARCH 12, 2024

The United States District Court for the Western District of Washington decided an insurance coverage case involving Plaintiffs Benny and Guangying Cheung and Defendant Allstate Vehicle and Property Insurance Company. Companies, 160 Wn. Allstate Vehicle & Prop. C22-1174 TSZ, 2023 WL 9000432 (W.D. Citing to Allemand v.

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Theft Insurance Policy Policy Personal Property 130

The Insurance Pro

JANUARY 25, 2025

How Life Insurance Products Develop Returns The return on cash values is driven by unique elements depending on the type of life insurance policy. For whole life insurance , we focus on the dividend interest rate. For universal life insurance policies we focus on the interest rate payable on the policy.

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Life Insurance Policy Insurance Policy Policyholder 95

Property Insurance Coverage Law

AUGUST 21, 2024

Ohio Casualty Insurance Company, 1 is a case decided last week involving vacancy clauses often found in property insurance policies, the impact of forfeiture clauses, and how those clauses can be waived. Sinjel, L.L.C.

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Casualty Insurance Property Insurance Insurance Policy Insurance Companies 202

Insurance Journal

MARCH 9, 2025

The New York State Department of Financial Services in February issued more than $20 million in fines against three dozen auto insurers – for failing to timely report new and terminated auto insurance policies. But insurance companies and advocacy groups …

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Auto Insurance Policy Insurance Policy Insured 130

Top Insurance Blogs

FEBRUARY 20, 2024

Sorting through the list of top homeowners insurance companies in Florida can be a challenging task due to the variety of options available. This is why I have taken the pain to craft this publication on the best homeowners insurance companies in Florida this 2024.

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Insurance Companies Damage Insured Insurer 52

Property Insurance Coverage Law

DECEMBER 4, 2024

Insurance policies are like a box of chocolates—you never quite know what you’re going to get. Zurich American Insurance Company, 1 maybe you do, but the label on the box has you scratching your head. You might think Zurich American Insurance Company is the insurer after reading … The post Who Is the Insurer?

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Insurance Policy Insurance Companies Property Insurance Insured 100

Wren Insurance Agency

OCTOBER 23, 2024

Now that we are in the thick of the official hurricane season here in Florida, you may have noticed - if you recently tried to bind a new home insurance policy - that most carriers will stop writing up to a week or two prior to a named storm possibly impacting the state.

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Policy Insurance Companies Premium Damage 74

Unitas Financial Services

MAY 2, 2022

In our series on Insurance Vendor Management, we have covered the 9 Critical Steps for Insurance Vendor Management , Specialization of the Insurance Company and the Agent , How to Evaluate an Insurance Policy, and Claims and Administration of the Policy.

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Insurance Companies Insurance Policy Insured Insurer 52

Final Expense Brokerage

MAY 15, 2024

These commissions are the earnings that insurance agents receive for selling insurance policies to clients. As an insurance agent, understanding the basics of how commissions work is essential for maximizing your earnings. Agents who excel in these metrics may be eligible for additional commission bonuses.

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Insurance Agent Insurance Agents Agents Insured 100

The Property Insurance Law Observer

MARCH 18, 2024

A federal court recently held that an insurer could not deny coverage under a homeowner’s policy based upon the failure of the named insured’s son, an “insured person,” to submit to an examination under oath (“EUO”). Allstate Vehicle and Property Insurance Company , Civil Action No. In Michelle Adeola v.

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Insured Insurer Insurance Policy 130

QuickQuote

JULY 20, 2023

Life insurance payouts may only be claimed if the insurance company can find a beneficiary or the beneficiary knows about the policy. Fortunately, these unclaimed life insurance policies can be found, regardless of how much time has passed.

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Life Insurance Insurance Policy Policy Insured 40

Paragon Independent Insurance Agencies

DECEMBER 27, 2024

Understanding how local regulations near Plano, TX can influence your homeowner’s insurance policy is essential to protect and preserve your coverage. At Paragon Independent Insurance Agency, we can help you better understand how local regulations and home insurance policies are impacted together in Plano, TX.

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Home Insurance Insurance Policy Policy Insurance Agency 40

Protect Commercial Insurance

OCTOBER 11, 2024

These impacts not only affect the day-to-day operations of companies but also play a crucial role in shaping the insurance policies designed to protect these properties. The financial implications of such events are enormous and insurers certainly take notice.

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Commercial Property Commercial Insurance Policy Policy 52

P&L Financial Services

AUGUST 29, 2024

Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies. Let’s debunk these myths and reveal the true nature of this important role. While sales are certainly a part of the job, the role is much more comprehensive.

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Insurance Companies Agents Insured Insurer 52

The Property Insurance Law Observer

MAY 21, 2024

The New York Supreme Court recently weighed in on what constitutes “reasonable care” to maintain heat in the context of a first-party insurance policy exclusion requiring such reasonable care. The house was insured under a homeowners policy issued by Leatherstocking Cooperative Insurance Company.

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Policy Damage Insurance Carrier Insurance Companies 130

TGS

FEBRUARY 28, 2025

Policy Information Details of the insurance policies under which the claims were filed. Insurance companies rely on these reports to assess risk when underwriting a new policy. How Loss History Affects Your Insurance Rates Insurance companies use loss history reports to gauge risk.

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Home Insurance Claim Damage Insurance Agency 52

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]

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Damage Business Interruption Property Damage Policy 130

ProWriters

FEBRUARY 23, 2025

The gray zone poses significant challenges for not only legal frameworks but also insurance policies. For example, when the NotPetya malware attacked pharmaceutical giant Merck, it brought down more than 40,000 of the company’s machines. But thats a pretty dangerous road to go down for an insurance company.

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Cyber Insured Insurer Insurance 53

Paragon Independent Insurance Agencies

FEBRUARY 14, 2025

You’ll pay for premiums covering liability, collision, comprehensive, and all the other major categories you would find in a standard auto insurance policy. Many insurers offer coverage to owners of high-end vehicles as well as those who own less expensive cars. Contact us today to get started on your policy.

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Auto Insurance Insurance Agency Premium Insurance Policy 40

The Property Insurance Law Observer

AUGUST 1, 2024

In Zurich American Insurance Company v. 23, 2024), the Supreme Judicial Court of Massachusetts held that the term “surface waters,” as used in a limitation contained in commercial property insurance policies, was ambiguous in the context of rainwater accumulating on roofs, thereby finding coverage for the insured.

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Commercial Property Damage Policy Commercial 130

Redbird Agents

JULY 18, 2024

Compare quotes available to you from up to 30 insurance companies. Several Policy Options and Companies One of Choice Mutual’s strengths is the number of companies it partners with. Other agencies typically have only 1-3 insurance companies they can offer you.

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Final Expense Brokerage

JUNE 7, 2024

Illustrate the advantages of final expense insurance that might not be covered by their current policy, such as covering funeral expenses, medical bills, and other end-of-life costs. Guide them through the policy specifics step by step and address any queries or doubts they may have. I have doubts about insurance companies."

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Life Insurance Premium Insured Insurer 130

Insurance Journal

DECEMBER 15, 2024

Courts across the country have overwhelmingly ruled in favor of insurance carriers in claims disputes following the government-ordered closures of businesses during the COVID-19 pandemic. The North Carolina Supreme Court last week bucked that trend, becoming just the second state …

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Insurance Carrier Claim Business Interruption Insured 246

Boyle Agency Insurance

FEBRUARY 3, 2025

Standard home insurance policies typically have restrictions regarding vacant homes, and this specialized coverage can bridge the gap during renovation periods. Builder’s Risk Insurance For major renovations or construction projects, builder’s risk insurance can be invaluable.

Home Insurance 45

Home Insurance Theft License Insured 45

Tosten Marketing

FEBRUARY 27, 2025

Commercial property insurance covers several types of water damage, but understanding the specifics is vital. Many business owners find themselves surprised by what their policies do and don’t cover. Sudden and Accidental Water Damage Most commercial property insurance policies cover sudden and accidental water damage.

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Commercial Property Property Insurance Damage Commercial 52

Simply Insurance

DECEMBER 2, 2024

A direct term life insurance policy lets you deal directly with the insurance company you purchased your policy through.

Life Insurance 52

Life Insurance Insurance Policy Insured Insurer 52

Final Expense Brokerage

MAY 10, 2024

Share: Understanding the Role of a Life Insurance Agent As a life insurance agent, your primary role is to help individuals and families protect their financial future by providing them with suitable life insurance policies.

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Life Insurance Insurance Agent Insurance Agents Agents 100

LexisNexis

MARCH 19, 2025

California AB 575 , by Joaquin Arambula (D), which would require individual and group health care service plan contracts or health insurance policies that provide outpatient prescription drug benefits to include coverage for at least one anti-obesity medication. Connecticut HB 5038 , by Rep.

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Insured Insurer Insurance Insurance Policy 52

The Property Insurance Law Observer

MARCH 4, 2024

At issue in the case was the application of the policy’s wear and tear exclusion and its exceptions. The insurance policy covered direct physical loss but contained an exclusion for physical damage caused by wear and tear, marring or deterioration.

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Damage Policy Claim Property Damage 130

The Property Insurance Law Observer

AUGUST 22, 2024

Harleysville Insurance Company , 2024 WL 3792261 (D. 2024), the District Court of Massachusetts found that “collapse” provisions within a commercial property policy were ambiguous where a floor merely sagged without completely falling to the ground. During the policy period, the insured’s floor “sunk” between eight to 12 inches.

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Building Commercial Property Damage Policy 130

Final Expense Brokerage

APRIL 12, 2024

Final Expense Brokerage: Advantages: Specializing in final expense insurance policies, Final Expense Brokerage offers agents access to a diverse array of carriers and products specifically designed for this market segment. Furthermore, they offer $200 towards lead orders with specified companies, easing lead generation for agents.

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North American Software Associates

OCTOBER 25, 2023

Nobody likes feeling as if they're stuck in an inflexible, binding contract — especially when it comes to insurance policies. But if a client could up and leave any time they wanted to without consequence, they'd constantly be bouncing around from insurance company to insurance company, scouring for the best rates.

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Insurance Companies Insurance Policy Policy Insured 52

Redbird Agents

SEPTEMBER 13, 2024

In fact, insurance companies with well-structured marketing plans are not only better positioned for growth but also become attractive candidates for future mergers and acquisitions (M&A). Create Educational Content: Publish articles, guides, or videos that answer common insurance questions.

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Insurance Agency Insured Insurer Insurance 130

Final Expense Brokerage

NOVEMBER 30, 2024

Final expense insurance provides a designated amount that can give your family stability in handling costs, even if savings are affected by unexpected events. ” The Concern: Some clients may doubt insurance companies’ reliability, especially if they’ve heard of disputes with claims. Will my family actually receive this money?”

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Agents Life Insurance Policy Insured 130

Unitas Financial Services

APRIL 21, 2022

In this series on Insurance Vendor Management for Lenders, we discussed how to evaluate an insurance policy, the specialization of the insurance company and the agent, and the 9 Critical Steps for Insurance Vendor Management. In this article, we tackle claims and administration of the policy.

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Claim Insurance Policy Insured Insurer 52

ProWriters

OCTOBER 2, 2024

As an insurance broker, you likely recognize that while these technologies drive business operations, they also increase vulnerability to cyber crime, making Cyber Insurance a necessity for your clients. Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging.

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Insurance Broker Cyber Broker Protection 86

Wren Insurance Agency

AUGUST 7, 2024

(Citizens - the State-backed home insurer is one of the only exceptions to this. They will not allow a change to or from their coverage until your current policy's expiration). Make sure your new insurance policy's start date is the same as your current policy's end date.

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Insurance Carrier Policy Insured Insurer 79