DeSantis says the state's insurance regulation office is investigating reports of people being shortchanged or unlawfully dropped following the filing of their claims.
With 99% of all companies in the U.S. identified as small businesses, they play an important role in job creation and good information helps with long-range planning for these entities.
Even though the term "occurrence" is defined, disagreement over its meaning has led to conflicts between insurers and insureds; often resulting in litigation.
Every business's tax situation is unique, so it's important to discuss these tax planning strategies with a tax professional before making any significant moves.
In light of the upcoming appeal, a federal judge in Camden, New Jersey, stayed proceedings in a separate business-interruption insurance case pending the outcome of the Supreme Court case.