Catastrophe & Restoration

The tropical storm was the first to reach Southern California in more than 80 years.

Review why ACV is critical for insurance and how it differs from replacement value.

This article, the last in the series on water losses, looks at how courts have determined coverage for various water-related claims.

Review how the terms such as plumbing, sewer, drain, overflow, or discharge are applied in the homeowners policy.

The second part in this series reviews how certain terms involving water losses are applied in commercial property policies.

Karen Clark & Company estimates insured property losses from the Lahaina fire will be around $3.2 billion.

Water issues are often confusing and involve multiple undefined terms. Reviews the terms and how they can be defined.

Friction during the claims process following a catastrophe can strain customer satisfaction and cause a sharp decline in renewals.