In Ram Krishana Inc. d/b/a Motel 6 Sulphur v. Mt. Hawley Insurance Co. (2025 WL 371016) (S.D.N.Y. 2025)), the United States District Court for the Southern District of New York determined that the plaintiff lacked an insurable interest in property it insured because it did not own or possess the property or suffer economic loss due to the property’s destruction.  Consequently, the plaintiff was not entitled to indemnity for damage to the property it purported to insure under a commercial property insurance policy.[1] About The Author