A California appellate court broke from its sister jurisdictions — as well as state and federal courts across the nation — and ruled that a hotel owner’s lawsuit seeking coverage for a COVID-19 shutdown may proceed. In an opinion released …
An ambiguous “extra expense” provision in a commercial property insurance policy requires the insurer to pay for new equipment that a grocery store and delicatessen needed for a new location after its former home burned down, the Nebraska Supreme Court …
The question of whether a coinsurance penalty in a commercial property policy was based upon ACV or RCV was recently addressed by the United States Eighth Circuit Court of Appeals in Buddy Bean Lumber Co. v. Axis Surplus Ins. Co., …