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Southern District Court of New York Permits Extensive Discovery of Reserve And Reinsurance Information in Bad Faith Litigation

The Property Insurance Law Observer

Facts The insured’s claim arose out of business interruption losses due to a shutdown of its business during the COVID-19 pandemic. The court reasoned that reserve information may provide insight into insurers’ beliefs and motivations about coverage and the risks of insuring the property.

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​W​hy Business insurance?

Shield Insurance Agency

Protection for Your Business and Assets Insurance can cover the costs of repairing or replacing damaged buildings, equipment, inventory, and other assets due to events like fires, theft, or natural disasters.

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The Ultimate Guide to Office Insurance: Protecting Your Business Assets

Protect Commercial Insurance

. – Public Liability Insurance : Protects against claims made by third parties for injuries or damages occurring on your office premises. – Employer’s Liability Insurance : Required by law if you employ staff. – Compliance : Certain types of cover, like employer’s liability, are legal requirements.

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Understanding Retail Shop & Salon Insurance: A Comprehensive Guide for UK Business Owners

Protect Commercial Insurance

Many types of business insurance, such as Employers Liability Insurance, are legally required in the UK. This type of insurance protects your business from claims made by employees due to workplace injuries or illnesses. Business Interruption Insurance Last but certainly not least is Business Interruption Insurance.

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The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

Such coverage is particularly crucial for businesses with high-value machinery or large volumes of stock that contribute directly to revenue generation. Support in Business Interruption Scenarios Sometimes, when the unexpected strikes, it doesn’t just affect your property; it halts your entire operation.

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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

– Equipment Breakdown : Specifically focuses on essential equipment that supports your business. – Business Interruption : While your premises undergo repair or replacement, this helps cover lost income and operating expenses. To ensure adequate protection, its crucial to evaluate these risks carefully.

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Is terrorism covered under an Australian home and contents policy?

Prof. Allan Manning

Last week I posted an article in regard to terrorism coverage under commercial property, and/or business interruption policies. I also touched on commercial liability coverage. At the request of quite a few readers, I now turn my attention to home and contents. ” [ emphasis mine] 1.