Edward Eshoo | Property Insurance Coverage Law Blog | December 6, 2016 “Ordinance or law” property insurance coverage is typically triggered when, following a covered loss to a covered building, an insured incurs certain costs due to the enforcement of an ordinance or law 1 requiring or regulating the demolition, construction, or repair of buildings.2 What… Continue reading What Constitutes Enforcement of a Building Ordinance or Law?
Tag: insurance coverage
Calculating Depreciation: Are Generic Tables Reliable or Based on Any Scientific Study?
Chip Merlin | Property Insurance Coverage Law | December 2, 2016 Depreciation tables were first introduced to me when studying accounting at the University of Florida. The tables were based on tax schedules and other accounting methods which usually had nothing to do with the actual depreciation of an item. Indeed, if you used tax depreciation… Continue reading Calculating Depreciation: Are Generic Tables Reliable or Based on Any Scientific Study?
The Cooperation Clause – Do I have to Cooperate with the Insurer’s Investigation?
Kevin Pollack | Property Insurance Coverage Law Blog | November 7, 2016 Public adjuster and policyholder advocates often get questions from insureds about the extent that insureds must cooperate with insurers during the investigation stage of a claim. As an example, some insureds have asked me whether they really must produce financial documents and receipts… Continue reading The Cooperation Clause – Do I have to Cooperate with the Insurer’s Investigation?
Do All Insurance Policies Require a Total Collapse to Trigger Collapse Coverage?
Kevin Pollack | Property Insurance Coverage Law Blog | October 22, 2016 In California, if a property insurance policy does not specifically require a collapse to be complete or actual falling down to trigger coverage, then an imminent (i.e., impending) collapse will probably trigger coverage.1 However, on the flipside, if a policy does specifically require… Continue reading Do All Insurance Policies Require a Total Collapse to Trigger Collapse Coverage?
Retroactive Dates Punch Gaps into Insured’s Coverage
Dwain Clifford | The Policyholder Report | October 20, 2016 Most professional-liability policies are written on a “claims-made” basis, which provides coverage for lawsuits filed against the insured during the policy period — even for damages caused by some professional negligence that occurred long before the policy was issued (and, perhaps, for some mistake at… Continue reading Retroactive Dates Punch Gaps into Insured’s Coverage