Jonathan C. Held and Heidi Hudson Raschke | J.S. Held “The basic premise of traditional property insurance is the concept of indemnity. The insured who suffers a covered loss is entitled to receive full, but not more than full, value for the loss suffered, to be made whole but not be put in a better… Continue reading Defining Indemnity in the Context of Actual Cash Value Calculations
Category: Insurance
Court Says Ensuing Loss Requires More Than Increased Susceptibility
Joshua Tumen | Property Insurance Law Observer In Stella Property Development and Event Production, LLC v. Auto-Owners Insurance Company, 2026 WL 221489 (W.D. Pa. 2026), the United States District Court for the Western District of Pennsylvania denied summary judgment as to the applicability of the subject property policy’s (i) wear and tear and (ii) inadequate maintenance… Continue reading Court Says Ensuing Loss Requires More Than Increased Susceptibility
Why AI Can’t Replace the Broker Relationship When a Claim Hits
Branislav Urosevic | Insurance Business Clients want speed, but not robots. Mitch experts say AI helps with tasks, yet real conversations still drive trust, clarity, and de-escalation Automation may be transforming the insurance industry, but when it comes to customer service, one thing hasn’t changed – people still want to talk to people. “Automation and… Continue reading Why AI Can’t Replace the Broker Relationship When a Claim Hits
Insurance Shifts to Modular Deployment
Galina Fendikevich | Insurance Thought Leadership For many in the insurance industry, 2025 was the year of the “AI Reality Check.” After a whirlwind of excitement surrounding generative models, many carriers found themselves navigating a landscape cluttered with broken promises and stalled pilots. As we look toward meaningful innovation in 2026, the path forward requires… Continue reading Insurance Shifts to Modular Deployment
2026 Best Practices for Construction Project Insurance
Andrew Gibson | Ahead of Schedule As 2026 dawns, project insurance remains one of the most critical risk management tools for developers, builders and design professionals. Yet with multiple acronyms out there such as OCIP, CCIP, OPPI, GL, PL and SDI, defining the right insurance program is not easy. Common mistakes leading to coverage denials… Continue reading 2026 Best Practices for Construction Project Insurance