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An 18th-century fire insurance contract. Property insurance can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.The devastating effects of the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Sir Christopher Wren's inclusion of a site for 'the Insurance Office' in his new plan ...
10 buildings sustained major damage or partially collapsed in the aftermath of the September 11 attacks, and 10 others were destroyed, 2 of which were demolished due to heavy damage. [1] Several other buildings sustained varying levels of damage, including every building in the World Financial Center and most of the buildings on Vesey Street. [2]
Broad "named perils" [5] – this form expands on the "basic form" by adding 6 more covered perils. Again, this is a "named perils" policy. The loss must specifically be listed to receive coverage. Fortunately, the "broad form" is designed to cover the most common forms of property damage. Broad-form covered perils: All basic-form perils
The rental company's damage waiver normally covers accidental damage and towing a damaged vehicle, as long as the renter complies with the rental contract (such as authorized drivers, locations, no racing) and with the damage waiver (such as police report [14]). Waivers may also cover theft, vandalism, loss of use, and liability.
Most homeowners insurance does not cover animal damage, but there are exceptions for accidents such as a deer damaging a fence or a bird breaking a window. Potential animal risks depend on where ...
Residential building: 34 dead, 40 injured 1971: 2000 Commonwealth Avenue collapse: Boston, Massachusetts, US: Condominium building under construction: 4 dead, 30 injured 1971: South Bridge Koblenz, Rhineland-Palatinate, West Germany: Bridge under construction: 13 dead, 13 injured 1971: 1971 Certej dam failure: Certeju de Sus, Hunedoara County ...
The homeowners filed a breach-of-contract lawsuit, arguing the damage was caused by vibrations from blasting at the rock quarry. Court: Insurer must cover rock-mining blasting damage to Miami-Dade ...
Buildings in consequence class 1 should be designed and constructed in accordance with EN 1990 - 1999 for satisfying stability in normal use, no specific consideration (required by EN 1991-1-7) is necessary with regard to accidental actions from unidentified causes.