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11 Feb 2012, 7:32 am
The attorney for the business owner had to argue with the attorney for the insurance company as to the correct interpretation of the policy language related to the "business cessation" clause in the policy. [read post]
29 Jun 2011, 7:02 am
We'll examine the bill of rights for privately owned disability insurance policy owners in our next post. [read post]
21 Sep 2010, 4:40 am
The business's insurance company will either handle your claim itself or pass the matter on to the building owner's insurance company. [read post]
3 Jul 2008, 1:56 pm
The basic title insurance premium is based upon (i) the purchase price of the property for an owner's policy issued when the property is being sold, or (ii) the loan amount, if a lender's policy is issued pursuant an acquisition loan or a refinancing of the property. [read post]
20 Sep 2018, 1:04 pm
Significant Changes to HOA Financial Review and Insurance Requirements appeared first on HOA Lawyer Blog. [read post]
17 Aug 2012, 12:35 pm
Justice Verhoeven agreed that the vehicle owner “knowingly misrepresented the identity of the vehicle’s intended principle operator” and therefore that the insurance coverage was forfeited. [read post]
Federal Court in Texas: No Business Interruption Coverage for Insured's Reduced Operations After Ike
24 Jan 2012, 4:43 am
The Court held that the policy did not provide coverage for the reduced business operations experienced by the policyholder.H&H Hospitality L.L.C., the owner/operator of a motel located in Spring, Texas, was the named insured on a commercial property insurance policy issued by Discover Specialty Insurance Co. [read post]
15 May 2014, 6:48 am
The insureds were the owners of a turkey farm in Eastland County, which included two sheet metal buildings and a wooden building used as conditioning houses for breeder turkeys. [read post]
25 May 2010, 2:24 pm
On April 20, 2010, the Deepwater Horizon rig owned by Transocean Ltd. and under contract to BP PLC exploded, causing a massive oil leak that has resulted in more than 130 lawsuits by property owners, shareholders, workers, and the commercial fishing industry, $800 million spent on cleanup and $30 million in paid claims. [read post]
26 Jun 2011, 1:42 am
Backed by Tennessee Insurance Commissioner Julie McPeak, the new law will allow for the formation of cell captives, branch captives, and special purpose financial captives, along with the standard single owner, association, industrial insured, and risk retention groups. [read post]
20 Nov 2012, 2:11 pm
The recipient is supposed to be the beneficiary, but this can be difficult to monitor or enforce since only the owner of the policy, usually the payor, is entitled to information about the policy. [read post]
22 May 2014, 3:10 pm
., Miami, Florida Florida Statutes provide for certain limited exemptions of life insurance as to (1) cash surrender value and (2) proceeds upon death.Cash Surrender Value ExemptionSection 222.14 of the Florida Statutes provides that the "cash surrender value" of life insurance "issued" upon the lives of citizens or resident of Florida is exempt from the claims of creditors of the person whose life is so insured (some courts hold insured… [read post]
2 May 2024, 10:37 pm
Liability is a serious concern for any business owner. [read post]
30 Jan 2017, 7:32 am
Changing landlord, tenant and contractor to owner, contractor and subcontractor, the same result would likely apply in the building contract setting. [read post]
11 Jul 2022, 2:18 pm
If you’re not at fault for a bicycle riding collision with another bicyclist or pedestrian, your emergency room bills, hospital expenses, and bike property damage may be covered by the at-fault party’s home owner’s insurance or H04 renters insurance policy. [read post]
6 Sep 2019, 4:44 am
He claimed he was an “insured person within the meaning of Ontario’s Insurance Act. [read post]
30 Nov 2023, 2:53 pm
That is precisely what happened in Calistoga Ranch Owner, LLC v. [read post]
8 Jul 2008, 12:15 am
The misery was compounded when many home and business owners, including law offices, found themselves without insurance coverage for their losses. [read post]
8 Jun 2015, 7:41 pm
During our conversation, I also learned that he has another business, Sunflower Life Settlements, through which he helps retiring business owners (and others) "sell" any life insurance they no longer need or no longer want to fund with ongoing premium payments. [read post]
29 Jan 2018, 10:55 am
The insurance coverage dispute arose following a New Mexico car accident that occurred early in the morning, when the owner of a 2001 Chevrolet Suburban was sleeping. [read post]
