More and more people are working from home these days, whether it’s full-time for a brick-and-mortar company, as telecommuters, or as independent business owners. Because of the increase in work-at-home employees, it’s important to look at how insurance policies protect your home-based business property in the event of damage. 2018 was filled with horrific catastrophes…

When you purchase an insurance policy, you’re ensuing that, in the event of a loss, there is a way for you to put your property back in pre-loss condition. Did you know that most states have a “Bill of Rights” for property owners which sets forth some basic rights to which a policyholder is entitled…

In a notice filed with a Texas federal court on October 17, Lloyd’s of London underwriters and the International Insurance Co. of Hannover SE told a Texas federal court that the owner of a condominium complex must arbitrate a $1 million dispute over a denied insurance claim. The Winfield IT Condominium Association filed a lawsuit…

U.S. District Judge Sue E. Myerscough, of the Central District of Illinois, granted summary judgment to West Bend Mutual Insurance Co., ruling that the company was not responsible for the nearly $1 million in repairs to a Hampton Inn that sustained water damage. The lawsuit was filed two years ago by the hotel owners, who…

The protection you purchase with your insurance policy is supposed to be there when you need to access it for yourself or your loved ones. However, too often insurance companies fail to live up to their promises when accidents, storms, tragedy or disaster hits. A claim denial or delay can keep you from accessing the…

On July 13, the Sixth Circuit reversed a lower court’s decision and ruled that Travelers insurance company must cover the losses incurred by a tool manufacturer, after they lost more than $800,000 to theft. In a unanimous opinion, a panel of the appellate court flipped U.S. District Judge John Corbett O’Meara’s decision, and ruled that…

On July 17, a Texas appellate court partially revived a lawsuit between Kenyon International Emergency Services Inc. and Starr Indemnity and Liability Company. Although a trial court judge granted an early victory to Starr in May of 2017, the appellate panel overruled that decision, stating there’s a factual issue as to whether Starr must cover…

When you buy an insurance policy for your property – no matter whether that property is commercial or residential – that policy is most likely going to have an appraisal clause. Although few people take advantage of the appraisal process, nearly all insureds have the option of using appraisal to resolve disputes over the “amount…