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HURRICANE INSURANCE & REINSTATEMENT VALUE
A major issue with respect to building insurance in the period following Hurricane Ivan was the problem of ‘under insurance’. As most people are now aware, this occurs when the sum insured is considered by the insurance company to be less that the reinstatement value of the building covered. In this regard, the insurance company will view the claimant as having self insured part of th... read more » |
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COMPENSATION UNDER THE ROADS LAW
(Previously published in the Caymanian Compass and Real Life Magazine)
With the increase in road building in Cayman in recent years, many landowners are unsure of Government's rights to take their land and in turn their right to compensation for their loss. In this article we set out the basis of Government's rights in this regard and offe... read more » |
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