Community property is a state-level legal distinction of a married person's assets, such as property acquired during the course of a marriage.

“Sometimes a complicated regulatory scheme may cause us to miss the forest for the trees, but at bottom, these cases boil down to a simple proposition: A trail is a trail, and land is land.” Justice ...

Indemnification of the policyholder is a core principle of the property insurance industry. A similar principle holds that the policyholder shall be “made whole” but not put in a better position than ...

Basic property insurance is sold by the Michigan Basic Property Insurance Association (MBPIA), a state-run organization designed to provide property insurance to Michigan homeowners and renters who ...

AT the start of the year, Seattle became the first city to forbid landlords from choosing their own tenants. A group of small-time landlords, represented by Pacific Legal Foundation, has sued to ...

A California appeals court has limited the authority of Insurance Commissioner Ricardo Lara to administratively expand the basic coverage provided by the state’s property insurer of last resort, the ...

A partnership needs basic property and assets to conduct its business. This includes things such as computers, phones, office equipment or machinery. Regardless of the industry, business partnerships ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Investopedia / Jiaqi Zhou This coverage indemnifies damage to buildings and business ...