As the waters recede from Hurricane Irma, there are many issues for property insurers to consider as they adjust claims in Florida, including unique issues raised by assignment of benefits, Florida law on concurrent...more
9/26/2017
/ Assignment of Benefits (AOB) ,
Farms ,
Fire Damage ,
Flood Insurance ,
Florida ,
Hurricane Irma ,
Insurance Claims ,
Insurance Industry ,
Natural Disasters ,
Policy Terms ,
policy-term ,
Property Damage ,
Property Insurance ,
Real Estate Market ,
Severe Weather ,
Wind Damage
As the waters recede from Hurricane Irma, property insurers have many issues to consider as they adjust claims in Florida. This alert discusses a few of those issues.
Claims Reporting -
The Florida Office of Insurance...more
9/26/2017
/ Assignment of Benefits (AOB) ,
Farms ,
Fire Damage ,
Flood Insurance ,
Florida ,
Hurricane Irma ,
Insurance Claims ,
Insurance Industry ,
Natural Disasters ,
Policy Terms ,
Property Damage ,
Property Insurance ,
Real Estate Market ,
Severe Weather ,
Wind Damage
Because Hurricane Harvey claims may be taking you and your colleagues to different states, we thought it might be helpful to bear in mind the claims adjusting standards and regulations in those states that will likely be...more
Courts will generally uphold reasonable suit limitation periods in property insurance policies, if the insurer does not affirmatively waive or extend them. In MZM Real Estate Corp. v. Tower Ins. Co. of New York, No....more
It’s said that “defeat is an orphan,” but insurable losses often have multiple, concurrent causes. In some cases, one or more of those causes might be outside the scope of coverage, either by omission or exclusion. In Sebo v....more
12/5/2016
/ All-Risks Insurance ,
Appeals ,
Construction Defects ,
Denial of Insurance Coverage ,
FL Supreme Court ,
Florida ,
Insurance Industry ,
Insurance Litigation ,
Policy Exclusions ,
Policy Limits ,
Policy Terms ,
Property Damage ,
Property Insurance ,
Severe Weather ,
Toxic Mold
Because Hurricane Matthew claims may be taking you and your colleagues to several different states, we thought it might be helpful to bear in mind the different claims adjusting standards and regulations in those states that...more
As this blog has reported, exclusions and limits for flood coverage have generally held up against the tide of claims arising from Superstorm Sandy. Now that the water is gone, however, new losses have been discovered, and...more
9/26/2016
/ All-Risks Insurance ,
Amtrak ,
Demolition ,
Flood Insurance ,
Flooding ,
Hurricane Sandy ,
Insurance Industry ,
Insurance Litigation ,
Natural Disasters ,
Policy Limits ,
Property Damage ,
Property Insurance ,
Railways ,
Severe Weather ,
Summary Judgment ,
Transportation Industry