• Water Exclusion Clause

    Water Exclusion Clause Summary : A standard feature of property insurance forms is the exclusion of various categories of loss associated with water. The water exclusion clause in the commercial property program (Insurance Services Office forms CP 10 10 10 12 , CP 10 20 10 12 , and CP 10 30 10 12...

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  • Riots, Insurance, and Moratoriums

    Riots, Insurance, and Moratoriums Summary : The death of Freddie Gray in the custody of Baltimore police in April 2015 led to riots and destruction in the city. There were protests both peaceful and violent, and damage was estimated to be over $1 million. As is often the case, insurance...

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  • Improvements, Alterations, and Additions

    Improvements, Alterations, and Additions Supplementary Coverage Summary: Just as lessees of commercial property have a use interest in any building additions, alterations, or improvements made at their expense, a tenant of residential property has a similar interest. When a tenant invests in...

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  • Meaning Of "Collapse"

    Meaning Of "Collapse" Does Coverage Require Total Collapse? —Review of Court Decisions Summary: The question that arises often has to do with the meaning of “collapse of a building or any part of a building.” Coverage for the peril of collapse is provided in the Insurance Services...

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  • Effect of Insureds' Declarations or Statements

    Effect of Insureds' Declarations or Statements Misrepresentations in Application and Post Loss Can Void Coverage Summary: An insured's misrepresentation in obtaining coverage or fraud involving the policy can void coverage. Property and liability policies almost universally contain provisions...

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  • What Is "Fire"?

    What Is "Fire"? To Cover or Not to Cover Summary : Although fire insurance has been accepted as a routine form of protection for many generations, “fire” has never been defined in any standard insurance policy insuring against the peril of fire, or in any form or endorsement commonly...

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  • Aircraft or Vehicles as Cause of Loss

    Aircraft or Vehicles as Cause of Loss General Discussion Summary: A standard feature of property insurance forms (commercial and homeowners) is coverage for direct physical loss of or damage to covered property caused by or resulting from aircraft or vehicles; these causes of loss apply under...

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  • The Matching Game and Pre-Loss Conditions

    The Matching Game and Pre-Loss Conditions Patching Can Preclude Indemnity By Christine G. Barlow From the May 2012 issue of Claims Magazine One of the most common questions I receive regards matching. Typically what happens is there is a loss on the premises that affects a portion of the roof,...

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  • Medical Marijuana

    Medical Marijuana The legalization of marijuana has long been a topic of debate. Proponent's state that it is non-addicting, less harmful than cigarettes and alcohol, and relieves certain symptoms such as nausea and pain associated with debilitating medical conditions more safely than...

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  • Valued Policy Laws

    Valued Policy Laws Loss Adjustment Feature under Fire Insurance Summary: Valued policy laws or so-called total loss statutes dealing with fire insurance policies were enacted by many states in the late 1800s and early 1900s, principally as a protective measure for insureds. At present, valued...

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  • Mold Contamination Is Not a Physical Loss

    Mold Contamination Is Not a Physical Loss Mold Contamination Is Not a Physical Loss July 16, 2012 In this action, the insured filed a lawsuit against its insurer asserting that the insurer wrongfully denied its claim. This case is Universal Image Productions, Inc. v. Federal Insurance Company,...

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