Insurance
Oct. 17, 2017
Insurance from economic losses resulting from recent fires
Property insurance policies typically cover the physical losses caused by fires, including damage and destruction of structures and personal property. However, many other losses also may be covered by property insurance, including loss of business.
Kirk A. Pasich
Partner and Co-Leader of the Insurance Recovery Group
McGuireWoods LLP
Phone: (310) 956-3462
Email: kpasich@mcguirewoods.com
Loyola Law School
Property insurance policies typically cover the physical losses caused by fires, including damage and destruction of structures and personal property. However, many other losses also may be covered by property insurance, including loss of business.
For example, most property policies provide business interruption insurance. In Pacific Coast Engineering Co. v. St. Paul Fire & Marine Insurance Co., 9 Cal...
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