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Insurance coverage is available to protect just about every
kind of business property that exists.
Generally speaking, such coverage is triggered when business property is
accidentally damaged, i.e., the property is physically damaged as the result of
a covered risk occurring unexpectedly or by chance. See Delgado v. Interinsurance Exchange of Automobile Club
of Southern California ((2009) 47...
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Recently in Essex Insurance Company v. Heck [(2010) 186 Cal.App.4th 1513] a California
Court of Appeal had occasion to review the circumstances under which a
statutory offer to compromise under California Code of Civil Procedure section
998 will be deemed reasonable. Section 998 provides that a written settlement
offer to allow judgment to be entered against the offeror, which contains the
terms and condition of the judgment, can be...
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