LexisNexis

JANUARY 28, 2025

Insuring Construction Risks through Commercial General Liability Policies Scrutinize the risks covered by the commercial general liability (CGL) policy and how to specify in a construction contract the insurance to be obtained so that coverage for construction risks is maximized.

Commercial General Liability 40

Commercial General Liability General Liability Property Damage Injury 40

Shield Insurance Agency

AUGUST 20, 2024

Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. Many policyholders may be tempted to file a claim for every little incident in the belief that their insurance policy will cover all damages.

Insurance Claim 52

Insurance Claim Claim Protection Out-Of-Pocket 52

Property Insurance Centre

JULY 21, 2024

Aspray, a leading property damage claims management company, can act on your behalf when you need to make a claim. Aspray’s repeat win is a reflection of their unwavering commitment to delivering top-notch service to their clients, ensuring that they receive the best possible outcome in times of property damage.

Claim 52

Claim Property Damage Property Insurance Building 52

Bankers Insurance

AUGUST 8, 2024

Additionally, property undervaluation can result in coinsurance penalties. Most commercial property insurance policies include coinsurance clauses, which encourage policyholders to carry reasonable and accurate coverage amounts. 80%) of the property’s value.

Commercial Property 59

Commercial Property Property Insurance Commercial Out-Of-Pocket 59

Hunton Andrews Kurth

JULY 20, 2023

The decision underscores the importance of coordination of different coverages and policies across insurance programs, as well as the potential perils policyholders may face if forced to seek recovery for certain losses under non-traditional policies. In any event, the ruling is a mixed bag for policyholders.

Commercial General Liability 40

Commercial General Liability General Liability Injury Property Damage 40

Cover4LetProperty

OCTOBER 10, 2022

That is why a buildings insurance and contents policy typically arranged for the owner-occupying homeowner will not cover a property that is being let out either totally or even in part (a room or two in your own home, for instance). What does let property insurance cover offer by way of protection?

Insurer 52

Insurer Insurance Insured Property Insurance 52

Property Insurance Centre

JANUARY 4, 2024

Unpredictable weather events and the rise in natural catastrophes pose significant challenges for the property insurance industry. Insureds are facing substantial property losses, leading to increased financial burdens. “Underinsurance is a major concern in the property insurance industry.

Property Insurance 52

Property Insurance Commercial Property Liability Insurer 52

Distinguished

NOVEMBER 7, 2024

Insurance Products: Insurance transfers risk from the insured (policyholder) to the insurer (insurance company). In return for premium payments, the insurer agrees to compensate the insured for losses suffered due to specified risks, such as property damage or liability claims.

Claim 52

Claim Compensation Risk Broker-Agent 52

Risk Management Monitor

SEPTEMBER 30, 2022

To the north, post-tropical storm Fiona inflicted catastrophic damage across parts of eastern Canada last week, causing devastating property damage and leaving hundreds of thousands of Canadians without power. Gather insurance policies and related insurance records. Assist with the insurance company’s investigation.

Damage 75

Damage Claim Broker-Agent Risk 75

LexisNexis

DECEMBER 10, 2024

This survey covers state law on the issue of faulty workmanship as an occurrence for purposes of coverage determination under a commercial general liability (CGL) policy. Generally, an insured's work product is not covered, but defective workmanship that causes property damage is covered.

General Liability 40

General Liability Liability Commercial General Liability Liability Insurance 40

LexisNexis

NOVEMBER 19, 2024

Stay informed on energy and climate change policies and regulations promulgated by the Biden Administration with Practical Guidance’s Energy and Climate Change Policies and Regulations Tracker. Practical Guidance Updates Featuring the latest updates from your Practical Guidance account.

Claim 40

Claim Property Damage Injury General Liability 40

The Property Insurance Law Observer

APRIL 1, 2025

2025), the United States Court of Appeals for the Eighth Circuit determined that an ensuing loss provision of a builders risk insurance policy did not restore coverage resulting from defective workmanship where the insured failed to identify a separate covered peril. RLI Insurance Company (2025 WL 852889 (8th Cir.

Damage 130

Damage Policy Insurance Policy Risk 130