Remove Damage Remove Insurance Remove Theft
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What Appliance Store Insurance Policies Should I Invest In?

Central Insurance

Explore essential appliance store insurance policies to protect your business from liability, theft, property damage, and employee injuries. The post What Appliance Store Insurance Policies Should I Invest In? appeared first on Central Insurance Blog.

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Jury Awards $452 Milliin in Damages For Insulin Patch Trade Secrets Theft

Insurance Journal

Medical device maker Insulet convinced a jury that Korean rival EOFlow owes it $452 million in damages for stealing trade secrets related to insulin pumps, according to a verdict made public in Massachusetts federal court on Thursday. The jury in …

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Maine Employers Face Possible Damages in Lost Wages Cases Under New Law

Insurance Journal

Maine workers will now benefit from a law that allows the state to order businesses to pay back wages as well as damages from missed wages. The law went into effect Friday and is the latest state-level effort among Democrat-controlled …

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When No One’s Home: Understanding Roleof Vacancy Insurance

Triple-I: Homeowners Insurance

From burst pipes and property theft to liability and squatter intrusion, a home left unoccupied for an extended period is exposed to a unique set of hazards, many of which may not be covered by a standard homeowners’ insurance policy. Water damage is one of the most common and expensive issues in unoccupied homes.

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Employee Dishonesty Claims—How Far Back Does Coverage Extend?

Property Insurance Coverage Law

When businesses think about protecting themselves from risk, they often focus on property damage, natural disasters, or customer lawsuits. However, one of the most damaging and often overlooked threats comes from within: employee theft. appeared first on Property Insurance Coverage Law Blog.

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Court Differentiates Vandalism from Theft in First Party Insurance Policy

The Property Insurance Law Observer

The United States District Court for the Western District of Washington decided an insurance coverage case involving Plaintiffs Benny and Guangying Cheung and Defendant Allstate Vehicle and Property Insurance Company. Plaintiffs argued that the damage was covered under the policy, primarily resulting from theft.

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Judge Triples Jury Award in Nautilus Insurance Suit Against Murdaugh Accomplice

Insurance Journal

A federal judge last week tripled the damages that Alex Murdaugh’s co-conspirator must pay to Nautilus Insurance Co., million plus significant attorney fees incurred by the insurer. bringing the total to $3.75 A jury last week found Cory Fleming, …

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