sublimits News

PLRB Panelists: Arrive Early, Communicate and Document Costs for Complex Claims

The trail of destruction left by Hurricane Irma as it churned along the west coast of Florida in 2017 included a high-end resort hotel with an adjacent golf course, spa, entertainment center and numerous restaurants. The sheer size of the …

Owners Find Insurance Inadequate to Cover Demolition of Buildings Destroyed by Riots

Some commercial property owners whose businesses were torched by rioters are learning that they don’t have enough insurance to clear away the debris. The StarTribune newspaper reported Monday that many property owners in the Minneapolis-St. Paul area purchased policies that …

NYC Marathon Organizers Likely to Get Millions From Event Insurance

The New York Road Runners — a non-profit community running group and the organizer of the annual New York City Marathon — could get millions of dollars in insurance proceeds thanks to its event cancellation coverage. The New York Road …