Categories: general
An event or cause that produces a loss (e.g., fire).
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- $10 Endorsement Ends with Insured Paid $50,000 For Condo Loss AssessmentA seven-alarm fire at a Reading condominium complex leads to assessments and a lawsuit.
- NAIC’s Deep Dive Into Profitability By Line & By StateTotal Premiums Increased for the 12th Consecutive Year
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- Right to Include Estimated Costs In Policy Coverage Limits ReinforcedTwo Recent Business Litigation Decisions Reinforced Insurers’ Right to Include Estimated Debris Removal Costs When Calculating Coverage Limits for property Losses.
- Severe Convective Storms Causing Costliest Year Ever For InsurersTriple I Calculates Insurers Losses From These Events Exceeding $50B
- Seeping Surface Waters Under the “Anti-Concurrent Cause” Clause Could Wash Out A Mass. Homeowner’s ClaimThe "anti-concurrent cause" clause found in most homeowner’s insurance policies may restrict coverage when surface water is involved with an otherwise covered loss.
