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Already this year, the U.S. has been hit by 15 weather and climate disasters costing at least $1 billion.
Extremely cold temperatures are affecting unprotected pipes across the U.S., causing thousands of dollars in damage.
The second part in this series reviews how certain terms involving water losses are applied in commercial property policies.
The losses are more than triple those from December blizzards in Buffalo, New York.
Coverage Q&A: 'Would a flood by any other name . . .' This week's question dissects how 'flood' is defined and when exclusions apply.
Part 2 of 2: As the cause of the oceanfront building tragedy is investigated, what insurance issues may be in play?
Part 1 of 2: A series of events culminated up to the June 24th tragedy.
The case examined whether a policy's earth movement exclusion bars coverage for damage caused by large boulders rolling down a hillside.
The complaint alleges a second attorney at a law firm 'betrayed his ethical obligations' to 'enrich himself at the clients' expense.'
Some new perils are covered by insurance and others are existing ones that have been magnified in the 21st century.