Loss Payment to Partners

February 23, 2011

I have a client who is named on the deed but not on the insurance policy. His partner is named on the deed and the insurance policy. The insurance company states that it owes only 50 percent of the damages because both partners are not named on the insurance policy. The insurer offers little rationale beyond that. This does not seem logical to me. There is no other insurance policy in force on this property. Your thoughts ?

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