Categories: property
Property coverage addressing demolition, increased cost of construction, and related code impacts.
Related Articles:
- Insured’s $600,000 Reference Award Barred By Policy’s Two-Year Replacement PeriodOctober 18, 2016 - A Sturbridge Days Inn sued its insurer, Charter Oak, after the hotel was hit by a hurricane, a tornado and a nor'easter within a six-month period in 2011.
- $2 Million E&O Verdict Against Taunton Agency And Its PresidentFebruary 13, 2018 - The City of Taunton won a $2 million verdict against its former insurance agent after a 13-day jury trial.
- City of Taunton Settles Lawsuit against Its Former Insurance Agent for $3,125,000The E&O insurer for a Bristol County agency paid the City of Taunton $3,125,00 to settle its claim of inadequate coverage advice.
- Massachusetts Highest Court Rules Insured’s Arson Does Not Bar A Coinsured’s Recovery Under Fire Policy For Chelsea HomeMassachusetts' highest court, SJC, has interpreted the standard Massachusetts fire policy to allow an innocent coinsured to recover their pro rata share of a loss intentionally caused by a coinsured.
- InsurOp-Ed: What Does “Direct Physical Loss Of Or Damage To Property” Mean?
- $15 Million High-Value Homeowner Policy Loss Leads Court to Rule PURE’s Reference Provision AmbiguousAn insurance coverage dispute involving the total fire loss in December 2020 of a 1905 hunting lodge built by hand with unique wood and stonework and insured for over $5 million and its contents for $2.2 million.
- Wright Flood offering new private flood insurance options in MassachusettsNation's Largest Flood Insurance Company
- When Limited Market Access Meets Surplus Lines: An E&O ProblemMassachusetts producers face E&O risk when surplus lines placements lack documented diligent effort. A breakdown of BR-7, §168, and defensible file practices.
