Property Insurance Coverage Law

JANUARY 26, 2025

Is an Invasion Covered Under a Commercial Insurance Policy? appeared first on Property Insurance Coverage Law Blog. where I gave a short explanation of the day: Tampas Mayor refused to hand over the keys to the city on Tuesday to … The post Pirates Invade Tampa!

Commercial Insurance 202

Commercial Insurance Insurance Policy Commercial Policy 202

Property Insurance Coverage Law

SEPTEMBER 25, 2024

In my basic course about property insurance coverage to public adjusters, and as a standard issue regarding case intake at Merlin Law Group, I first emphasize to always make certain the named insureds and clients have a right to bring the claims. appeared first on Property Insurance Coverage Law Blog.

Property Insurance 203

Property Insurance Insurance Policy Policy Insurer 203

Property Insurance Coverage Law

MARCH 13, 2025

1 At … The post Clear Language Wins the Day: Court Rules Ambiguity Favors Policyholders appeared first on Property Insurance Coverage Law Blog.

Policyholder 188

Policyholder Commercial Insurance Commercial Property Insurance 188

Prof. Allan Manning

FEBRUARY 3, 2025

This means that no Terrorism Levy is charged by Insurers and that if the Federal Government and the Minister for Finance in particular declares some event a terrorism event, then any exclusion found within a Landlord’s policy will not be void and claims where there is an exclusion will not be paid.

Policy 173

Policy Insurance Policy Insurer Insurance 173

Property Insurance Coverage Law

MARCH 4, 2025

AmGuard took the position that the new homeowner had no coverage because she was not living at the premises when she purchased the policy … The post When Does Property Insurance Coverage Start? appeared first on Property Insurance Coverage Law Blog. Only After You Move Into the Home?

Property Insurance 100

Property Insurance Insurer Insurance Insured 100

Insurance Journal

JANUARY 17, 2025

The Louisiana Citizens Property Insurance Corporation (Louisiana Citizens) Board of Directors voted last week to end the 1.36% assessment it makes on all residential and commercial property insurance policies in the state in April of this year. The assessment, which …

Policy 278

Policy Commercial Property Property Insurance Commercial 278

Property Insurance Coverage Law

AUGUST 28, 2024

An “other insurance” clause is a provision found in property insurance policies that establishes how a loss is to be apportioned among insurers when more than one policy covers the same loss. The original purpose of an “other insurance” clause is debatable.

Property Insurance 177

Property Insurance Insurance Policy Policy Policyholder 177

Insurance Journal

AUGUST 28, 2024

Florida’s state-created Citizens Property Insurance Corp., has a few issues it needs to address, including policies with coverage values above its statutory limit, not sending enough renewals to its Clearinghouse, and failing to beef up its computer security measures, according …

Policy 279

Policy Property Insurance Insurer Insurance 279

Property Insurance Coverage Law

JANUARY 31, 2025

Insurers conduct and behavior vary wildly, even for people who hold similar policies with the same companies. For example, a homeowner … The post Should You Accept Your Insurers Initial Wildfire Payout? appeared first on Property Insurance Coverage Law Blog.

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Policyholder Property Insurance Policy Insurer 214

Property Insurance Coverage Law

JANUARY 4, 2025

This … The post Deeper Analysis of How to Interpret Insurance Policy LanguageWhere Insurance Coverage Nerds Go for the Weekend appeared first on Property Insurance Coverage Law Blog.

Insurance Policy 264

Insurance Policy Policy Property Insurance Insurer 264

Insurance Journal

DECEMBER 5, 2024

Florida’s Citizens Property Insurance Corp. has dropped below 1 million policies in force for the first time since July 2022, a milestone that officials said reflects an ongoing depopulation program and an improving market in the state. Since January of …

Policy 262

Policy Property Insurance Insurer Insurance 262

Property Insurance Coverage Law

JANUARY 30, 2025

First, this case strongly reminds policyholders to be aware of time limits in their insurance policies and take action as soon as they believe their claim is not being handled fairly.

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Claim Policyholder Property Insurance Insurance Policy 205

Property Insurance Coverage Law

FEBRUARY 2, 2025

Ropicky, 1 the court held that insurers may not deny legitimate claims based on policy exclusions that the insurer has broadly applied.

Property Insurance 186

Property Insurance Policy Insurance Companies Claim 186

Property Insurance Coverage Law

DECEMBER 11, 2024

Coverage litigation is sometimes a game of interpreting the language of a complicated document, the insurance policy. This post is a reminder to study When Words Collide: Policy Interpretation Doctrines and the 10 Commandments. Understand your Insurance Policy BetterRTFP!

Policy 203

Policy Building Insurance Policy Property Insurance 203

Property Insurance Coverage Law

AUGUST 18, 2024

Many policyholders forget that their insurance policy is a contract and is subject, with exceptions, to the usual laws of contract. An issue that frequently arises is whether the named insured is able to assign insurance proceeds under the policy to another.

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Insurance Policy Policy Policyholder Insurer 243

Property Insurance Coverage Law

MARCH 26, 2025

Property insurance adjustersboth company-employed and independentserve as the backbone of the claims process, ensuring that policyholders receive the full benefits of their coverage as swiftly and fairly as possible.

Property Insurance 140

Property Insurance Policyholder Damage Claim 140

Property Insurance Coverage Law

FEBRUARY 1, 2025

With six sailboats and a motorboat, I consider myself an enthusiast, though my insurance agent probably sees me as a … The post Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage appeared first on Property Insurance Coverage Law Blog.

Policy 100

Policy Marine Insurance Agents Insurance Agent 100

Property Insurance Coverage Law

MARCH 20, 2025

Imagine a state-run insurance program so brazen that even when explicitly ordered by the Department of Insurance to remove unlawful policy language, it shrugs and continues business as usual.

Damage 178

Damage Claim Property Insurance Policy 178

Property Insurance Coverage Law

MARCH 26, 2025

Property insurance adjustersboth company-employed and independentserve as the backbone of the claims process, ensuring that policyholders receive the full benefits of their coverage as swiftly and fairly as possible.

Property Insurance 140

Property Insurance Policyholder Damage Claim 140

Property Insurance Coverage Law

FEBRUARY 17, 2025

The insurance representative tried to explain that many of the denials were because most policies do not cover flood. Our firm was asked to represent a … The post Florida Policyholders Are Upset with Stupid Denials of Claims appeared first on Property Insurance Coverage Law Blog.

Policyholder 200

Policyholder Claim Property Insurance Policy 200

Insurance Journal

NOVEMBER 6, 2024

Florida’s state-created Citizens Property Insurance Corp., the largest insurer in the state, has suspended binding on policies, statewide, as yet another hurricane approaches from the Carribbean Sea and Gulf of Mexico. As of Monday, Nov. 4, “Agents may not bind …

Policy 246

Policy Property Insurance Agents Insurer 246

Property Insurance Coverage Law

FEBRUARY 5, 2025

Appraisal policy language is changing, and more case law is being developed at a faster rate than ever.These issues and lessons will be analyzed with the Insurance Appraisal and Umpire Association (IAUA), which will be hosting an educational and certification conference on February 19-20 at the StreamSong Golf Resort.I

Property Insurance 193

Property Insurance Policy Insurer Insurance 193

Property Insurance Coverage Law

JANUARY 30, 2025

First, this case strongly reminds policyholders to be aware of time limits in their insurance policies and take action as soon as they believe their claim is not being handled fairly.

Claim 180

Claim Policyholder Property Insurance Insurance Policy 180

Property Insurance Coverage Law

MARCH 11, 2025

All insurance policies include a section placing specific responsibilities and obligations on policyholders to act in a certain way before entitling them to policy benefits for what should be a covered loss.

Policyholder 138

Policyholder Claim Property Insurance Insurance Policy 138

Property Insurance Coverage Law

AUGUST 16, 2024

At least until recently, when a California appellate court thrust it front and center and applied it to a … The post Can policy limitations or exclusions be disregarded as illusory? appeared first on Property Insurance Coverage Law Blog.

Policy 203

Policy Property Insurance Insurer Insurance 203

Property Insurance Coverage Law

FEBRUARY 5, 2025

Appraisal policy language is changing, and more case law is being developed at a faster rate than ever.These issues and lessons will be analyzed with the Insurance Appraisal and Umpire Association (IAUA), which will be hosting an educational and certification conference on February 19-20 at the StreamSong Golf Resort.I

Property Insurance 180

Property Insurance Policy Insurer Insurance 180

Tosten Marketing

FEBRUARY 27, 2025

Commercial property insurance water damage coverage is a complex topic with many nuances. What Water Damage Does Commercial Property Insurance Cover? Commercial property insurance covers several types of water damage, but understanding the specifics is vital. What Water Damage Isn’t Covered?

Commercial Property 52

Commercial Property Property Insurance Damage Commercial 52

Property Insurance Coverage Law

DECEMBER 30, 2024

Insurance policyholders do not read the insurance policies that are sold to them. The insurance contracts are not even provided to the policyholder until after the product is purchased.

Insurance Agents 190

Insurance Agents Insurance Agent Policy Agents 190

Property Insurance Coverage Law

FEBRUARY 4, 2025

Coordinated efforts between federal, state, and local governments create cohesive policies that address large-scale vulnerabilities. Stakeholders within the insurance industry have rightfully been calling for more leadership … The post Where Is the National Plan for Structural Resiliency?

Damage 165

Damage Property Insurance Insurance Industry Building 165

Property Insurance Coverage Law

OCTOBER 30, 2024

Federal courts are creating an almost impossible barrier for policyholders trying to hold their insurance agents accountable for negligence involving National Flood Insurance Program (NFIP) policies.

Insurance Agents 203

Insurance Agents Insurance Agent Agents Policy 203

Property Insurance Centre

FEBRUARY 10, 2025

What Perils Are Covered by Commercial Property Insurance? Commercial property insurance is essential for businesses to protect their assets from unforeseen events. But what exactly does commercial property insurance cover?

Commercial Property 52

Commercial Property Property Insurance Commercial Boiler and Machinery 52

Property Insurance Coverage Law

SEPTEMBER 3, 2024

This post highlights an agent’s binding authority under Michigan law and discusses important insurance principles concerning the “completed-loss” and “loss-in-progress” doctrines.

Commercial 203

Commercial Damage Policy Property Insurance 203

Insurance Journal

JULY 23, 2024

The highest court in Massachusetts has ruled that rainwater accumulation on roofs of buildings does not constitute “surface waters” within the meaning of “flood” in property insurance policies. The court found that the term “surface waters” in policies is ambiguous …

Property Insurance 306

Property Insurance Insurance Policy Building Policy 306

Property Insurance Coverage Law

MARCH 9, 2025

I often wonder if insurance agents read the insurance policies they provide to their clients before selling the product. Why do insurance agents sell policies with clauses that require disputes to be in faraway places? appeared first on Property Insurance Coverage Law Blog.

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Agents Insurance Agents Insurance Agent Policy 100

Insurance Journal

NOVEMBER 8, 2024

Florida’s Citizens Property Insurance Corp. has lifted its suspension on binding of policies as Hurricane Rafael turned away from Florida and was tracking toward Mexico and was expected to weaken. Citizens, the largest property insurer in the state, ended the …

Property Insurance 263

Property Insurance Policy Insurer Insurance 263

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 130

Property Damage Damage Insurer Insurance 130

Property Insurance Coverage Law

MARCH 13, 2025

1 At … The post Clear Language Wins the Day: Court Rules Ambiguity Favors Policyholders appeared first on Property Insurance Coverage Law Blog.

Policyholder 100

Policyholder Commercial Insurance Commercial Property Insurance 100