Commercial Property Articles
Latest Articles
Property Insurance
Key Considerations When Buying Builders Risk Coverage
2008-08-01 | Jay M Levin
Jay Levin explains why precise coverage terms and conditions should be reflected in the construction documents and reviewed in detail by all.
Property Insurance
Insurance Property Valuation and Loss Settlement Clauses—Important Considerations
2008-07-01 | William K Austin
William Austin says appropriate property risk management goes well beyond simply the identification of perils that may cause damage, destruction, or interruption of operations.
Time Element
When Does Business Interruption Insurance Coverage Stop?
2008-06-01 | Jay M Levin
Jay Levin relates a property case forcing insurers to fulfill their promise not only to pay for covered losses, but to do so in a timely fashion.
Property Insurance
Pollution Events—An Insured Peril in Property Insurance?
2008-04-01 | William K Austin
William Austin illustrates why risk management professionals must continually test insurance coverage prior to a loss event.
Property Insurance
New York Awards Consequential Damages for Insurer's Bad Faith
2008-03-01 | Jay M Levin
Jay Levin relates a property case forcing insurers to fulfill their promise not only to pay for covered losses, but to do so in a timely fashion.
Property Insurance
Demystifying Appraisal: Getting through the Process
2007-12-01 | Jay M Levin
Jay Levin examines methods appraisers, umpires, and parties use to make the process proceed more smoothly and maximize the likelihood of a fair award.
Property Insurance
Demystifying Appraisal: The Scope and Nature of Insurance Appraisals
2007-10-01 | Jay M Levin
Jay Levin examines appraisals, addressing their use, benefits and limitations, jurisdictional differences, and review issues.
Property Insurance
When Must an Insurer Pay a Claim?
2007-05-01 | Jay M Levin
After a loss, a commercial policyholder needs to get repairs completed and business back up and running at full speed as quickly as possible. Frequently, the proceeds of the property insurance policy are necessary to accomplish this very important goal. Not all policyholders have the ability to finance repairs themselves while they wait for the adjustment process to be completed and the insurance company to pay the loss.
Property Insurance
Ensuing Loss: Getting Around a Property Policy's Defective Construction Exclusion
2007-04-01 | Jay M Levin
Jay Levin points out the logical inconsistency of a broad reading of the faulty workmanship exclusion and the narrow reading of the "ensuing loss" exception.
Property Insurance
The Acts or Decisions Exclusion That Tried to Swallow the Policy
2006-12-01 | Jay M Levin
Jay Levin explains that while an acts or decisions exclusion uses extremely broad language, courts enforce it in a common-sense manner to avoid absurd results.
Property Insurance
Insurance Property Valuation and Loss Settlement Clauses—Important Considerations
2008-07-01 | William K Austin
Property Insurance
Pollution Events—An Insured Peril in Property Insurance?
2008-04-01 | William K Austin
Property Insurance
New York Awards Consequential Damages for Insurer's Bad Faith
2008-03-01 | Jay M Levin
Property Insurance
Demystifying Appraisal: The Scope and Nature of Insurance Appraisals
2007-10-01 | Jay M Levin
Property Insurance
Ensuing Loss: Getting Around a Property Policy's Defective Construction Exclusion
2007-04-01 | Jay M Levin
Property Insurance
The Acts or Decisions Exclusion That Tried to Swallow the Policy
2006-12-01 | Jay M Levin