policy endorsements News

Kentucky Clarifies Matching Law While Florida Insurers Get Limits on Replacement

Matching requirements for roofs and interior furnishings have been a tough issue in the property insurance industry for years. Recent developments show how insurers and regulators in different Southeast states are managing the mandates. In Kentucky last week, the state …

Water Damage Exclusions, on the Rise, May Frustrate Insureds but Are OK, Court Says

A federal appeals court has affirmed a lower court ruling that a Scottsdale Insurance commercial policy for a community center excludes almost all non-weather water damage. It’s the type of “infuriating” exclusion that plaintiffs’ attorneys and some brokers have said …