Property Owner in Name Only Found Not Entitled to Coverage for Fire Loss of Rental Income Property

COMMERCIAL PROPERTY  – INSURABLE INTEREST  – DE FACTO OWNERSHIP Porter v. State Farm Fire & Cas. Co. (WDNY, decided 6/6/2019) If your na...

Summary Judgment Granted to Insurer Based on Policy's Special Employee Theft Exclusion

COMMERCIAL PROPERTY  – EMPLOYEE DISHONESTY COVERAGE  – SPECIAL EMPLOYEE THEFT EXCLUSION Albany Airport HIE, LLC v. The Hanover Ins. Grp., In...

Not "Dependent Property" -- Denial of Business Income Loss Claim Upheld

COMMERCIAL PROPERTY  – BUSINESS INCOME LOSS CLAIM  – "DEPENDENT PROPERTY"   Cohen & Slamowitz, LLP v. Zurich Am. Ins. Co. (2nd...

Cause of Action for Consequential Damages Found Allegationally Sufficient and Reinstated

COMMERCIAL PROPERTY  – CONSEQUENTIAL DAMAGES – IMPLIED COVENANT OF GOOD FAITH AND FAIR DEALING  – BAD FAITH  – ALLEGATIONAL SUFFICIENCY   DK...

When 5 + 3 = 1

COMMERCIAL PACKAGE POLICY  – EMPLOYEE DISHONESTY COVERAGE  – NUMBER OF OCCURRENCES   – ANTI-STACKING PROVISION   Dan Tait, Inc. v. Farm Fam...

Two-Year Suit Deadline Runs from Actual Loss Date, Not from Loss Date Used on Insurer's Correspondence

COMMERCIAL PROPERTY  – TWO-YEAR SUIT LIMITATION CONDITION  – ESTOPPEL   Kotecki's Grandview Grove Corp. v. Acadia Ins. Co. (4th Dept., 2...

Leasing Property is Entrusting Property for Purposes of the Dishonest or Criminal Act/Entrustment Exclusion

COMMERCIAL PROPERTY  – VANDALISM DAMAGE TO LEASED PREMISES  – DISHONEST OR CRIMINAL ACTS EXCLUSION  –  ENTRUSTMENT EXCLUSION   Winking Group...

Summary Judgment Granted to Commercial Property Insurer on New York General Business Law § 349 Deceptive Acts and Practices Claim

COMMERCIAL PROPERTY – WATER DAMAGE – BROADENED WATER-DIRECT DAMAGE COVERAGE EXTENSION  – ENGINEERING EXPERT  – GENERAL BUSINESS LAW § 349  D...

"Continuous Input" Not Required for Public Adjuster Who Provided "Valuable Services"

COMMERCIAL PROPERTY – PUBLIC ADJUSTER COMPENSATION – "VALUABLE SERVICES" Public Adjustment Bureau, Inc. v. Greater New York Mut. I...