Categories: liability
Typically physical injury to tangible property or loss of use (per policy definition).
Synonyms:
PD
Related Articles:
- $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.
- Coverage for Inherent Diminished Value Dependent on Policy VersionA case involving an third-party auto insurance coverage claim for inherent diminished value against Amica over a damaged Acura.
- State Warning To Registered Motor Vehicle Repair ShopsDo Not Suggest To Insured They Are Entitled To Reimbursement From Their Insurer For Any Money They Pay The Shop Over The Amount Already Paid For Repairs By Their Insurer
- An Insured’s Underpayment of Loss Lawsuit Over Brookline Building Backfires
- Former Insurance Adjuster Indicted in Connection with Stealing Identities of Four Victims of Merrimack Valley Gas ExplosionsDefendant Also Allegedly Stole More Than $28,000
- Court Denies MIT Prof’s $146,000 Claim for Legal Cost in Avoiding a DepositionDr. Eager’s claim for coverage was under his homeowner policy placed with Safety Insurance.
- New Rule Would Make Insurers Pay Insured For Preventing An Insured LossA formal request by Federal Appeals Court to the SJC to decide if insurers owe costs to prevent a covered loss.
- Vermont Mutual Asks High Court to Reverse Decision $215,000 Attorney Fee Award Payable As Damages under Bodily Injury CoverageAn unusual case involving a breach of warranty claim under Chapter 93A and whether mandatory attorney fee awards apply.
- 5 Points On New Ruling: Unreasonable Storage Reduces ACV PaymentA short opinion with a disproportionate impact on first-party property damage total loss claims.
- InSurOp-Ed: What ChatGPT Says About Exclusions in Insurance Policies…...and Why I'm Not Worried the App Will Put Me Out of a Job Any Time Soon