Insurance

Update 2/27/19 – Superior Court Judge Carolyn Kuhl issued a tentative decision on Feb. 21 siding with Public Storage in the tenant-insurance class-action suit filed against the REIT. Kuhl supported the company’s argument that the plaintiffs failed...

The Louisiana Department of Insurance (LDI) has issued cease-and-desist orders to stop self-storage operators from offering tenant-protection plans to customers. The LDI contends the plans are insurance products that should be sold under a license...

Delaware became the 30th state to either establish a self-storage limited-lines insurance license or provide a statutory exemption from licensing on Sept. 13 when Gov. John Carney signed Senate Bill 184 (SB 184) into law. Under the measure, self...