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The owners of ShopRite and other stores claimed their insurance broker failed to sufficiently advise them about coverage options.
Policy interpretation, contract provisions and notice of loss are critical to determining which losses are covered.
With the increasing number of storms, homeowners may also see increasing insurance and repair costs.
As workforces take up social distancing to shelter at home, the risk of attacks against corporate remote access systems goes up.
The coverage perhaps most important for energy and manufacturing companies right now: contingent business interruption.
For insurers, a key concern is whether the catastrophe models used accurately reflect the influence of climate change.
Notably, 9 of the 10 most expensive U.S. hurricanes on record occurred in the last two decades.
Tax Facts Q&A: Do special conditions apply for deductions made by taxpayers within a federally-declared disaster area?
Is now the time for a comprehensive overhaul of the NFIP?
Summer can be a challenging time of year for the insurance industry. These seasonal statistics tell the story.
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