Most homeowners insurance policies contain an exclusion for damage caused by flood. Thus, unless separate flood coverage is purchased, an insured will not be covered for a flood loss. Commercial property insurance policies, on the other hand, typically provide some coverage for flood damage. However, that coverage generally is limited to an amount less than… Continue reading Court Rules a Flood is a Flood is a Flood
Month: October 2015
New Jersey Supreme Court Clarifies the Mode-of-Operation Rule
In order to succeed in a premises liability action, a person who slips and falls in a retail establishment generally must establish that the business owner knew or should have known of the unsafe condition that led to the patron’s fall and failed to correct it. In other words, the injured patron must show that… Continue reading New Jersey Supreme Court Clarifies the Mode-of-Operation Rule