Month: April 2011

Was the Damage Caused By Flood? | Property Insurance Coverage Law Blog

Another hurricane season is fast approaching, but, before the storms start brewing, one developer is looking to get a glimpse at what happens when the storms roll in. Darrell Jones has spent years developing a video-recording system that he hopes will withstand a hurricane and capture video images of a hurricane’s wrath. Jones’ goal is …

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Louisiana Case Discussing Insurance Agent’s Duty to Procure | Property Insurance Coverage Law Blog

Recently, I wrote about insurance agent’s duties in various states. This week, I will stay with the same topic, but move to another jurisdiction – Louisiana. Amy Kareem owned a business in Louisiana and asked her broker to procure insurance that would protect her business from, among other things, any loss resulting from criminal activities. …

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Florida Legislators’ New Campaign Slogan: “I Worked Hard to Raise Your Insurance Rates and Give You Less Coverage!” | Property Insurance Coverage Law Blog

The title to the post may seem rather absurd, but raising insurance rates and mandating less coverage is exactly what Florida’s legislators are doing with currently proposed laws. It is not escaping media covering business issues, as shown by Robert Trigaux, of the St. Petersburg Times, in “As state leaders push for higher rates, property …

Florida Legislators’ New Campaign Slogan: “I Worked Hard to Raise Your Insurance Rates and Give You Less Coverage!” | Property Insurance Coverage Law Blog Read More »

Credibility of Witnesses is Key in Determining the Amount of Loss from Hurricane Damage | Property Insurance Coverage Law Blog

When an insurance company wrongfully denies a claim for damages, the injured may bring a lawsuit against the insurance company and seek the determination of a judge or jury that the insurance company should have compensated the insured for the injury. Sometimes an insurance company will admit liability, but will estimate the amount of damages …

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Will Citizens Property Insurance Go Out of Business? | Property Insurance Coverage Law Blog

Paige St. John reported on another blockbuster insurance story over the weekend in Gov. Scott Quietly Trying to Kill Citizens Insurance. After obtaining internal government documents and emails, St. John reported: Gov. Rick Scott has secretly pushed to kill Citizens Property Insurance before his first term ends… In a February meeting with the industry lobbyists writing …

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An Important Business Interruption Book Gets Revamped- Understanding Business Interruption Claims, Part 69 | Property Insurance Coverage Law Blog

The 2nd edition of Business Interruption: Coverage, Claims and Recovery, by Daniel T. Torpey, Daniel G. Lentz & Allen Melton, will be released by the end of this month and I have already pre-ordered my copy. Dan Torpey’s recent interview with Claims Magazine gives us a sneak peek of the topics explored in the book …

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