Remove Insurance Remove Risk Remove Theft
article thumbnail

Cargo Theft Surges as Holiday Season Approaches, Verisk Says

Insurance Journal

A CargoNet analysis of holiday-period theft data from the past five years shows a heightened risk during the Christmas and New Year periods. Be on the lookout for Grinch-like characters hanging out at transportation hubs over the holidays. The days …

Theft 281
article thumbnail

High-Net-Worth Insureds’ Top Concerns: Climate, Collectibles and Cyber

Insurance Journal

A new report on emerging risks affecting wealthy households — those with assets of $500,000 to $5 million — highlights climate change, theft of collectibles and cybersecurity as top concerns. Chubb’s new “2024 Wealth Report: Cultivating Resilience in a Changing …

Cyber 289
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When No One’s Home: Understanding Roleof Vacancy Insurance

Triple-I: Homeowners Insurance

Worters, Vice President, Media Relations, Triple-I Vacant homes often carry more risk than meets the eye. Unfortunately, their standard homeowners insurance policy excluded coverage due to a vacancy clause, which had been triggered by the home’s unoccupied status. The estimated cost of repairs exceeded $60,000.

Theft 71
article thumbnail

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. State Farm Ins.

Theft 130
article thumbnail

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.

article thumbnail

Chairman of South Korea’s SK Group Apologizes for Massive Data Leak at SK Telecom

Insurance Journal

SK Group Chairman Chey Tae-won apologized on Wednesday for a massive data leak at South Korea’s largest mobile carrier, SK Telecom, which has caused concern among its 23 million users over the possible theft of personal and financial information. The …

Theft 260
article thumbnail

5 Types of Insurance for Retail Stores

Central Insurance

Learn about the essential types of insurance for retail stores and how to protect against risks like theft, liability, and property damage. The post 5 Types of Insurance for Retail Stores appeared first on Central Insurance Blog.