Personal Lines Articles

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Time Element

Business Interruption for Denial of Access to Insured Property

2001-10-01 | Douglas Berry

Will your insurance cover you if a civil authority closes or denies access to your insured property due some natural or other catastrophe? Doug Berry explains how the answer depends on the policy language.

Property Insurance

What's New in the 2000 Edition ISO Commercial Property Forms: CP 00 30

2001-08-01 | Linda G Robinson

These revisions affect 11 coverage forms, all 3 causes of loss forms, 24 coverage endorsements, and a number of schedule endorsements. This article summarizes the changes to the business income and extra expense coverage form (CP 00 30).

Property Insurance

What's New in the 2000 Edition ISO Commercial Property Forms

2001-05-01 | Linda G Robinson

The 2000 revisions to the ISO commercial property portfolio affect 11 coverage forms, all 3 causes of loss forms, 24 coverage endorsements, and a number of schedule endorsements. This article reviews the changes to the building and personal property coverage form.

Property Insurance

Court Finds "Direct Physical Loss or Damage" Due to "Impairment of Function and Value"

2001-03-01 | Douglas Berry

This article examines the recent Minnesota appellate court decision which determined that the requirement for "direct physical loss or damage" was met in the absence of tangible injury when government regulations rendered cereal unfit for sale, resulting in "an impairment of function and value" of insured property.

Time Element

Beyond the Policy: Documenting a Business Interruption Claim

2001-02-01 | Daniel Torpey

Learn how to effectively document a business interruption claim to ensure a smooth settlement process with this comprehensive guide.

Time Element

The Basics of a Business Interruption Claim

2000-12-01 | Douglas Berry

Doug Berry examines Dictiomatic v. USF&G, a Florida case that brings together virtually all of the principles applicable to business interruption claims and provides a concise primer on these principles.

Property Insurance

The New ISO Commercial Crime Program Hits the Streets

2000-09-01 | Linda G Robinson

The joint ISO/SAA commercial crime program was replaced with separate ISO and SAA programs. This article summarizes the new ISO crime program, focusing on key differences between the old ISO/SAA forms and the new 2000 edition ISO commercial crime forms.

Property Insurance

"Physical Damage" in the First-Party Property Policy—A New Definition Coming?

2000-09-01 | Douglas Berry

Does "physical damage" now include "loss of use and functionality"? A recent federal court ruled that it does. Read about the decision and learn how it could give new meaning to all aspects of property insurance.

Property Insurance

Breach of Policy Conditions and the "Severability of Interests" Doctrine

2000-06-01 | Douglas Berry

Doug Berry discuses what happens in the event of a breach of one or more property insurance policy conditions involving one insured corporation or insured location.