Policy and Property Insurance - Insurance Industry Brief

California is Not a Valued Policy Law State—California Has a Valued Policy Law for Valued Policies

Property Insurance Coverage Law

JANUARY 19, 2025

Two public adjusters sent me articles saying California is a valued policy law state.California is not a valued policy law state. California has a valued policy law for valued policies.

Policy

Policy Property Insurance Insurer Insurance

When Does Property Insurance Coverage Start? Only After You Move Into the Home?

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

Property Insurance Insurer Insurance Insured

Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage

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

Policy Marine Insurance Agent Insurance Agents

Should There Be a Valued Policy Law for Personal Property?

Property Insurance Coverage Law

FEBRUARY 25, 2025

Many are having to go through the trauma of reliving the loss of each piece of their personal property because … The post Should There Be a Valued Policy Law for Personal Property? appeared first on Property Insurance Coverage Law Blog.

Personal Property

Personal Property Policy Policyholder Property Insurance

Should There Be a Valued Policy Law for Personal Property?

Property Insurance Coverage Law

FEBRUARY 25, 2025

Many are having to go through the trauma of reliving the loss of each piece of their personal property because … The post Should There Be a Valued Policy Law for Personal Property? appeared first on Property Insurance Coverage Law Blog.

Personal Property

Personal Property Policy Policyholder Property Insurance

Mangrove, Another New Property Insurer, Enters Florida Market

Insurance Journal

JANUARY 27, 2025

Former RenaissanceRe executive Stephen Weinstein has launched a new Florida-domiciled insurance carrier, known as Mangrove Property Insurance, with plans to assume thousands of policies from Citizens Property Insurance Corp. Mangrove, with offices in Tallahassee, will be the 10th new insurer …

Property Insurance

Property Insurance Insurance Carrier Insurer Insurance

Pirates Invade Tampa! Is an Invasion Covered Under a Commercial Insurance Policy?

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

Commercial Insurance Insurance Policy Commercial Policy

Is the Address Correct on the Property Insurance Policy?

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

Property Insurance Insurance Policy Policy Insurer

Keep Track of Your Insurance Policies—Make Insurance Checkups

Property Insurance Coverage Law

APRIL 12, 2025

Most people dont think much about their insurance policies after they buy them. Insurance becomes almost invisibleuntil something happens. A bill shows up, they pay it, and life moves on.

Insurance Policy

Insurance Policy Policy Insurer Insurance

When Does Property Insurance Coverage Start? Only After You Move Into the Home?

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

Property Insurance Insurer Insurance Insured

Louisiana Citizens Ends Assessment on Property Policies Ahead of Schedule

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

Policy Commercial Property Property Insurance Commercial

What Is an “Other Insurance” Clause and Why Do They Exist In Property Insurance Policies?

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

Property Insurance Insurance Policy Policy Policyholder

Clear Language Wins the Day: Court Rules Ambiguity Favors Policyholders

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

Policyholder Commercial Insurance Commercial Property Insurance

Audit Finds Some Florida Citizens’ Policies Over Limit, Small Use of Clearinghouse

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

Policy Property Insurance Insurer Insurance

Should You Accept Your Insurer’s Initial Wildfire Payout?

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.

Policyholder

Policyholder Property Insurance Policy Insurer

Deeper Analysis of How to Interpret Insurance Policy Language—Where Insurance Coverage Nerds Go for the Weekend

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

Insurance Policy Policy Property Insurance Insurer

Growing Fast, Going Public: Florida’s American Integrity Insurance Files for IPO

Insurance Journal

APRIL 15, 2025

American Integrity Insurance, one of the largest property insurance carriers in Florida with more than 350,000 policies in force, is going to Wall Street with an initial public offering. The Tampa-based parent company, American Integrity Insurance Group, founded in 2006, …

Insurance Carrier

Insurance Carrier Property Insurance Insurer Insurance

Florida Citizens Policy Count Dips Below 1 Million for First Time in Two Years

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

Policy Property Insurance Insurer Insurance

Beware of a One-Year Deadline to File a Lawsuit—Always Hire a Public Adjuster If Your Insurer Makes You Adjust Your Own Claim

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

Claim Policyholder Property Insurance Insurance Policy

From Exclusions to Coverage: Court Says No to Insurer’s Overly Broad Use of Exclusions

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

Property Insurance Policy Insurance Companies Claim

What is a “Dwelling” “Structure” or Not a “Building Structure” Under Homeowners Policy? Policy Definitions and Reading the Full Policy Are Keys to Finding Coverage

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

Policy Building Insurance Policy Property Insurance

Insurance Policy Assignment Provisions: What They Are and When Insurers Have to Consent

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.

Insurance Policy

Insurance Policy Policy Policyholder Insurer

Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage

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

Policy Marine Insurance Agent Insurance Agents

Florida Policyholders Are Upset with Stupid Denials of Claims

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

Policyholder Claim Property Insurance Policy

Florida’s Citizens Suspends Binding on Policies as Another Storm Churns in the Gulf

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

Policy Property Insurance Agents Insurer

Keeping Up with New Appraisal Procedures and Law? Don’t Miss the IAUA Conference February 19-20

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

Property Insurance Policy Insurer Insurance

A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

APRIL 11, 2025

Navigating the world of insurance can feel overwhelming, especially when it comes to understanding commercial property insurance. This friendly guide will walk you through the essentials of commercial property insurance, helping you protect your business premises and assets with confidence. Let’s dive in!

Commercial Property

Commercial Property Property Insurance Commercial Insurer

The New “Notice” Trap: Better Ring a Bell for Every Coverage You Might Claim

Property Insurance Coverage Law

APRIL 9, 2025

Sometimes, decisions come along that make me wonder if judges are reading the same insurance policies and insurance laws the rest of us are. The recentFloridaClark opinion 1 is one of them.

Claim

Claim Property Insurance Insurance Policy Insurance Companies

California FAIR Plan: Ignoring Laws and Gouging Californians on Smoke Damage Claims

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

Damage Claim Property Insurance Policy

Beware of a One-Year Deadline to File a Lawsuit—Always Hire a Public Adjuster If Your Insurer Makes You Adjust Your Own Claim

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

Claim Policyholder Property Insurance Insurance Policy

The Critical Role of Insurance Adjusters and the Growing Disenchantment in the Industry

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

Property Insurance Policyholder Damage Claim

Can policy limitations or exclusions be disregarded as illusory?

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

Policy Property Insurance Insurer Insurance

Keeping Up with New Appraisal Procedures and Law? Don’t Miss the IAUA Conference February 19-20

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

Property Insurance Policy Insurer Insurance

The Critical Role of Insurance Adjusters and the Growing Disenchantment in the Industry

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

Property Insurance Policyholder Damage Claim

Is All Risk Insurance the Same as Property Insurance?

Top Insurance Blogs

APRIL 17, 2025

One of the most common questions clients often ask me is: Is all risk insurance the same as property insurance? Property insurance only covers events specifically listed in the policy while all risk insurance assumes everything is insured unless explicitly […] The post Is All Risk Insurance the Same as Property Insurance?

Property Insurance

Property Insurance Risk Insurer Insurance

The New “Notice” Trap: Better Ring a Bell for Every Coverage You Might Claim

Property Insurance Coverage Law

APRIL 9, 2025

Sometimes, decisions come along that make me wonder if judges are reading the same insurance policies and insurance laws the rest of us are. The recentFloridaClark opinion 1 is one of them.

Claim

Claim Property Insurance Insurance Policy Insurance Companies

Does Commercial Property Insurance Cover Water Damage?

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

Commercial Property Property Insurance Damage Commercial

The Majority of Insurance Agents Do Not Read the Policies They Sell—Many Professionals in the Insurance Service Sector Fail to Read the Full Policy

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 Agent

Insurance Agent Insurance Agents Policy Agents

Where Is the National Plan for Structural Resiliency? If there is to Be Available and Affordable Insurance, Then Property Has to Be More Resilient to Damage

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

Damage Property Insurance Insurance Industry Building

Insurance Agents Get a Free Pass for Negligence with NFIP Policies: Federal Courts Create an Alice in Wonderland Defense

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 Agent

Insurance Agent Insurance Agents Agents Policy

Avoid Claim Denials: Key Policyholder Duties After a Loss

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

Policyholder Claim Property Insurance Insurance Policy

What Perils Are Covered by Commercial Property Insurance?

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

Commercial Property Property Insurance Commercial Boiler and Machinery

Order and Bind Insurance Before the Loss—Commercial Policy Covers Water Damage Under Drain Backup Endorsement

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

Commercial Damage Policy Property Insurance

‘Surface Waters’ on Roof Are Not ‘Flood’ Waters, Massachusetts High Court Rules

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

Property Insurance Insurance Policy Building Policy

California is Not a Valued Policy Law State—California Has a Valued Policy Law for Valued Policies

When Does Property Insurance Coverage Start? Only After You Move Into the Home?

Trending Sources

Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage

Should There Be a Valued Policy Law for Personal Property?

Should There Be a Valued Policy Law for Personal Property?

Mangrove, Another New Property Insurer, Enters Florida Market

Pirates Invade Tampa! Is an Invasion Covered Under a Commercial Insurance Policy?

Is the Address Correct on the Property Insurance Policy?

Keep Track of Your Insurance Policies—Make Insurance Checkups

When Does Property Insurance Coverage Start? Only After You Move Into the Home?

Louisiana Citizens Ends Assessment on Property Policies Ahead of Schedule

What Is an “Other Insurance” Clause and Why Do They Exist In Property Insurance Policies?

Clear Language Wins the Day: Court Rules Ambiguity Favors Policyholders

Audit Finds Some Florida Citizens’ Policies Over Limit, Small Use of Clearinghouse

Should You Accept Your Insurer’s Initial Wildfire Payout?

Deeper Analysis of How to Interpret Insurance Policy Language—Where Insurance Coverage Nerds Go for the Weekend

Growing Fast, Going Public: Florida’s American Integrity Insurance Files for IPO

Florida Citizens Policy Count Dips Below 1 Million for First Time in Two Years

Beware of a One-Year Deadline to File a Lawsuit—Always Hire a Public Adjuster If Your Insurer Makes You Adjust Your Own Claim

From Exclusions to Coverage: Court Says No to Insurer’s Overly Broad Use of Exclusions

What is a “Dwelling” “Structure” or Not a “Building Structure” Under Homeowners Policy? Policy Definitions and Reading the Full Policy Are Keys to Finding Coverage

Insurance Policy Assignment Provisions: What They Are and When Insurers Have to Consent

Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage

Florida Policyholders Are Upset with Stupid Denials of Claims

Florida’s Citizens Suspends Binding on Policies as Another Storm Churns in the Gulf

Keeping Up with New Appraisal Procedures and Law? Don’t Miss the IAUA Conference February 19-20

A Comprehensive Guide to Understanding Commercial Property Insurance

The New “Notice” Trap: Better Ring a Bell for Every Coverage You Might Claim

California FAIR Plan: Ignoring Laws and Gouging Californians on Smoke Damage Claims

Beware of a One-Year Deadline to File a Lawsuit—Always Hire a Public Adjuster If Your Insurer Makes You Adjust Your Own Claim

The Critical Role of Insurance Adjusters and the Growing Disenchantment in the Industry

Can policy limitations or exclusions be disregarded as illusory?

Keeping Up with New Appraisal Procedures and Law? Don’t Miss the IAUA Conference February 19-20

The Critical Role of Insurance Adjusters and the Growing Disenchantment in the Industry

Is All Risk Insurance the Same as Property Insurance?

The New “Notice” Trap: Better Ring a Bell for Every Coverage You Might Claim

Does Commercial Property Insurance Cover Water Damage?

The Majority of Insurance Agents Do Not Read the Policies They Sell—Many Professionals in the Insurance Service Sector Fail to Read the Full Policy

Where Is the National Plan for Structural Resiliency? If there is to Be Available and Affordable Insurance, Then Property Has to Be More Resilient to Damage

Insurance Agents Get a Free Pass for Negligence with NFIP Policies: Federal Courts Create an Alice in Wonderland Defense

Avoid Claim Denials: Key Policyholder Duties After a Loss

What Perils Are Covered by Commercial Property Insurance?

Order and Bind Insurance Before the Loss—Commercial Policy Covers Water Damage Under Drain Backup Endorsement

‘Surface Waters’ on Roof Are Not ‘Flood’ Waters, Massachusetts High Court Rules

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