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Property Insurance

Other Insurance Clauses: Too Much Insurance Can Hurt You

2016-09-02 | Jay M Levin

Relates a recent other insurance case where the policyholder got caught up in a dispute between insurers to its own detriment.

Property Insurance

Named Insureds on Property Policies

2016-05-13 | Jay M Levin

Failing to name an insured is not always fatal if there is a clear intent to insure a risk.

Property Insurance

Appraisal and Suit Limitations

2015-10-23 | Jay M Levin

Jay Levin relates a recent ruling where a request for reference for arbitration did not toll the relevant statute of limitations.

Property Insurance

"Decay" Includes Gradual Deterioration

2015-07-17 | Jay M Levin

Jay Levin relates a case holding that the term "decay" in a property insurance policy's coverage extension for "collapse" should be construed broadly.

Property Insurance

Potential Insurance Company Fraud in Superstorm Sandy Litigation

2014-12-01 | Jay M Levin

In the wake of Superstorm Sandy, highly questionable practices within the insurance industry have been revealed. Jay Levin relates several cases.

Property Insurance

Analyzing Nonstandard Cyber and Privacy Insurance Policies

2014-10-01 | William K Austin

A thoughtful and careful approach to understanding cyber/privacy exposures and coverage is key. William Austin provides a tool.

Property Insurance

Builders Risk Policies: Are You Really Covered?

2014-08-01 | Jay M Levin

A recent court decision serves as a reminder to contractors of the potentially limited scope of such policies. Jay Levin explains.

Property Insurance

Insurable Interest and Having Enough Skin in the Game

2014-03-01 | Jay M Levin

Jay Levin relates a case showing the importance of insurable interest when purchasing insurance and at the time of ownership transfer.

Time Element

Calculating Makeup in Business Interruption Claims

2013-12-01 | Michael Speer

It is a mistake to jump to the conclusion that the occurrence of increased production or revenues following the restoration of operations is makeup. Each situation must be carefully examined to determine the nature of the increased production and revenue and how it relates to the losses claimed.

Property Insurance

Contingent Business Interruption Coverage: Is Your Supply Chain Covered?

2013-08-01 | Jay M Levin

To insure supply chain risks, Jay Levin says to carefully review and analyze the policyholder's risk profile and the proposed policy language.