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What to Expect after a California Wildfire Property Damage Event

Property Insurance Coverage Law

The devastation from a California wildfire property damage event can leave individuals struggling to rebuild their … The post What to Expect after a California Wildfire Property Damage Event appeared first on Property Insurance Coverage Law Blog.

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Residential Property Damage Lawyers Beware: Court Excludes Expert’s Estimate Finding an Estimate Is Not an Adjustment

Property Insurance Coverage Law

Recently, in a Hurricane Laura case, the United States Fifth Circuit Court of Appeal affirmed the district courts exclusion of the Defendant-Insurers engineers estimate based upon the finding that he was not … The post Residential Property Damage Lawyers Beware: Court Excludes Experts Estimate Finding an Estimate Is Not an Adjustment appeared (..)

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Lack of Insurable Interest Precludes Recovery for Property Damage

The Property Insurance Law Observer

The Court emphasized that mere possession or the ability to use the property did not constitute an insurable interest unless the business would suffer a direct economic loss from its destruction. Here, the business did not demonstrate any direct economic impact from the restaurant propertys damage.

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Construction Defects Are Not Covered Property Damage in Commercial Liability Policy

Insurance Journal

A home builder is not covered under the property damage coverage in its commercial liability policy for construction defects for which it was responsible. A three-judge panel of the Massachusetts Appeals Court has held for the first time that “construction …

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North Dakota Commissioner Urges Property Damage Assessment After Flash Floods

Insurance Journal

In the wake of flash flooding in the Bismarck-Mandan area, North Dakota Insurance Commissioner Jon Godfread is reminding residents to take immediate steps to assess and document any property damage and to review their insurance policies to understand what is …

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Residential Property Damage Lawyers Beware: Court Excludes Expert’s Estimate Finding an Estimate Is Not an Adjustment

Property Insurance Coverage Law

Recently, in a Hurricane Laura case, the United States Fifth Circuit Court of Appeal affirmed the district courts exclusion of the Defendant-Insurers engineers estimate based upon the finding that he was not … The post Residential Property Damage Lawyers Beware: Court Excludes Experts Estimate Finding an Estimate Is Not an Adjustment appeared (..)

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State Farm Wins Dismissal of Homeowners’ Class Action Over Use of Xactimate Software

Insurance Journal

A federal judge has dismissed a proposed class action filed on behalf of Pennsylvania homeowners who believe that State Farm undervalued their property damage claims in its use of the Xactimate software that is popular with insurers. The lead plaintiffs, …