What is ‘Incurred Cost’ in Insurance Policy? Florida Appeals Court Weighs in December 22, 2023 Property insurance contracts often contain provisions requiring insureds to “incur” costs before insurance companies issue payments. For example, “ordinance or...
Water Damage Exclusions, on the Rise, May Frustrate Insureds but Are OK, Court Says July 12, 2023 By William Rabb A federal appeals court has affirmed a lower court ruling that a Scottsdale Insurance commercial policy for a community center...