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Inside the $455M Cargo Theft Surge – 4 Ways to Protect Your Fleet

Insurance Journal

Cargo theft reached an all-time high in 2024 – up 26% from 2023, with total reported losses of $455 million. The average estimated value per theft rose 7.7% … This post is part of a series sponsored by IAT Insurance Group.

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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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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.

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Court Differentiates Vandalism from Theft in First Party Insurance Policy

The Property Insurance Law Observer

The Court considered whether the Plaintiffs’ loss was caused by theft or vandalism, as neither term was defined in the policy. Plaintiffs argued that the damage was covered under the policy, primarily resulting from theft. Allstate Vehicle & Prop. C22-1174 TSZ, 2023 WL 9000432 (W.D.

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Protect Your Adobe Oasis with Essential Home Insurance Tips in Michigan

Shield Insurance Agency

Learn how you can secure your Michigan home against unexpected perils like breaking winds, uncontrollable wildfires, and theft in the guide from Shield Insurance Agency below. Investing in a home insurance policy with comprehensive fire protection can help shield your home from wildfire-related damage.

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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. Vacant properties also are more susceptible to theft and unauthorized occupancy. By Loretta L.

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How to prevent employee theft: 6 tips business owners should know.

Frankenmuth Insurance

Employee theft accounts for some of the highest losses among small business owners every year. Follow these six tips to prevent employee theft and protect your small business. Surveillance can be helpful in catching theft, but it should be subtle. Higher wages can help prevent theft. Perform a background check.

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