Personal Lines Articles
Latest Articles
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.
Catastrophe Risk Management
Defining the Characteristics of a PML Study
2007-03-01 | Nathan C Gould
A seismic/extreme wind risk assessment requires an understanding of how the risk assessment and loss data will be utilized. Dr. Nathan Gould explains.
Claims Practices
When Agents or Applicants Lie to Insurers
2007-03-01 | Barry Zalma
Barry Zalma discusses the case for rescission when full and accurate facts about the risk are not conveyed to the insurer.
Personal Risk Management
Managing the Risks of a Household Move
2007-02-01 | Jack Hungelmann
Jack Hungelmann looks at the risks of moving from one house to another, and provides strategies for handling them.
Claims Practices
Insurance Fraud Fails in L.A. Superior Court
2007-01-01 | Barry Zalma
Barry Zalma relates the importance of insurer preparation, a thorough investigation, and use of competent counsel when facing a potentially fraudulent claim.
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
Public Adjusters: Do Their Contracts Create Irrevocable, Enforceable Assignments?
2006-09-01 | Jay M Levin
Jay Levin explores why post-loss assignments should be clearly expressed to eliminate any ambiguity about the extent and nature of the interest assigned.
Claims Practices
Insurer Sues Attorney for Malicious Prosecution
2006-08-01 | Barry Zalma
In a bit of a role reversal, an insurer rightly goes after an attorney who filed an apparently malicious and unfounded lawsuit against it. Barry Zalma explains.
Claims Practices
Sharing of Information between Insurers To Fight Fraud
2006-07-01 | Barry Zalma
When insurers fail to communicate to combat fraud, no one benefits. Barry Zalma looks at legislative initiatives to stop this practice.
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
Property Insurance
Public Adjusters: Do Their Contracts Create Irrevocable, Enforceable Assignments?
2006-09-01 | Jay M Levin
