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This article, the last in the series on water losses, looks at how courts have determined coverage for various water-related claims.
Berkshire Hathaway's AmGUARD as well as Falls Lake Fire & Casualty are pulling out of the state's beleaguered home insurance sector.
The second part in this series reviews how certain terms involving water losses are applied in commercial property policies.
"The most common mistake that many business owners make is to blindly renew their insurance," says the U.S. Chamber of Commerce.
The property-insurance industry could leverage blockchain's attributes to enhance efficiency and customer experience.
Water issues are often confusing and involve multiple undefined terms. Reviews the terms and how they can be defined.
The average year-over-year hike was 13.6%, and was worse in some places.
The Fifth Circuit reversed and remanded on the duty to indemnify because the ruling of the district court was premature.
Increased wildfire risks, economics and an inability to increase coverage rates as needed are leaving California homeowners exposed.
The market withdrawal will take 13 months to play out, according to the Hawaii Department of Commerce and Consumer Affairs.
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