• Coverage For Damages When Theft Exclusion Is On Policy

    Coverage For Damages When Theft Exclusion Is On Policy Our office received a burglary claim where unknown person(s) broke into insured's restaurant, damaged merchandise and took cash. They are claiming for the following items: a.  Cash register replacement [(2) registers] b.  Damages to...

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  • Tenant Interest in Improvements and Betterments After Loss

    Tenant Interest in Improvements and Betterments After Loss My client, a tenant, is insured with a BP 00 03 01 06 Businessowners Coverage Form. After a fire, the landlord told the tenant to remove his equipment and then proceeded to demo all the walls, floors and ceilings so that the landlord...

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  • Credit Card Loss - Voluntary Parting

    Credit Card Loss - Voluntary Parting We insured a sports apparel store and someone came in to buy sneakers and used a credit card to buy them. Days later the credit card company would not deposit the funds to the merchant as they used a fraudulent credit card. Is this considered theft under the...

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  • Occurrence or Faulty Workmanship

    Occurrence or Faulty Workmanship We have the BP 00 06 01 97 Form. Our insured was a plumbing sub-contractor hired to install plumbing pipes in a new building. The insured drilled holes for the piping through the wood studs which were part of the framework of the condominium units. The holes were...

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  • Interpreting “Ownership” or “Use” under the BOP

    Interpreting “Ownership” or “Use” under the BOP Insured is a tenant restaurant. Named insured parked his Vespa Moped on the sidewalk in front of his restaurant and went inside. While parked, the claimant tripped and fell over the Vespa and is now making a claim alleging...

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