Plaza Athenee’s pandemic insurance claim struck down
The Plaza Athenee is taking another loss, this time courtesy of a federal judge. Judge Mary Kay Vyskocil struck...
insurance
The Latest
Insurance payouts from deadly tornadoes could hit $5B
Insurance claims filed in the wake of the tornadoes that devastated parts of six states and claimed at least...
National
Federal bill would mandate insurers offer pandemic policies
Desperate to recover losses incurred during the pandemic, restaurants and retailers turned to their insurers, only for many to...
Tri-State
West Orange apartments to be razed after Ida-triggered rock slide
An apartment complex in West Orange, New Jersey, is set to be demolished after a rock slide triggered by...
Miami
Here’s what’s next for victims of the Surfside condo collapse and the property
The rest of the world has largely moved on since the oceanfront Surfside condo collapsed in late June, killing...
Miami
Chetrit’s lender alleges it stole $2M insurance payout for South Beach hotel damage
UPDATED, July 2, 11 a.m.: Chetrit Group’s new lender alleges that the New York real estate firm stole $2...
Miami
Champlain Towers South insurers gear up for legal claims
UPDATED July 5, 7:50 p.m.: As lawsuits mount against the Champlain Towers South condominium association, the building’s and unit...
National
Flooding caused by climate change leads to mounting real estate costs
As intense rainfall and flooding has increased because of climate change, so too has the financial fallout from the...
JEMB Realty claims virus is “pollutant” in Midtown insurance battle
Is the coronavirus a pollutant? JEMB Realty thinks so, based on a lawsuit filed against its insurer. The landlord’s...
Los Angeles
Wildfire insurance crisis looms for California homeowners
Homeowners in fire-prone areas of California may soon find there’s no one to insure their properties. Last year, the...