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Lack of Insurable Interest Precludes Recovery for Property Damage

The Property Insurance Law Observer

MARCH 20, 2025

Hawley Insurance Co. 2025)), the United States District Court for the Southern District of New York determined that the plaintiff lacked an insurable interest in property it insured because it did not own or possess the property or suffer economic loss due to the propertys destruction.

Property Damage

Property Damage Damage Insurance Insured

Understanding Consumer Education and Property Insurance

Property Insurance Centre

MARCH 19, 2024

Understanding Consumer Education and Property Insurance As an informed consumer, education on consumer rights and property insurance is crucial. It empowers individuals to make informed decisions about insurance coverage and understand their policy rights. An immediate response to property damage is crucial.

Property Insurance

Property Insurance Policyholder Insurance Insured

Insurance Industry Brief

Lack of Insurable Interest Precludes Recovery for Property Damage

Understanding Consumer Education and Property Insurance

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