The North Carolina Supreme Court ruled in favor of restaurants, stating closures count as a loss under business interruption insurance. This emphasizes clear policy language and encourages businesses to review their coverage.
Cybersecurity Threats: The Top Business Risk of 2025
Cybersecurity threats have emerged as the foremost concern for businesses in 2025, according to the latest … Cybersecurity Threats: The Top Business Risk of 2025Read more
NV Energy Unveils $500 Million Self-Insurance Program to Tackle Wildfire Risks
NV Energy has introduced a self-insurance plan to reduce wildfire risks, seeking approval from the Nevada Public Utilities Commission. It enhances liability coverage and implements a tiered recovery charge for customers based on wildfire risk.
Navigating Insurance Challenges Amidst the Los Angeles Wildfires
Los Angeles wildfires have caused financial strain for many facing insurance claims and policy cancellations. Residents should document damages carefully and seek aid for rebuilding support.
Simply Business and Coterie Insurance Join Forces to Enhance Small Business Coverage
Simply Business and Coterie Insurance have teamed up to improve Business Owner’s Policy coverage for small businesses, simplifying the insurance process and providing more resources for business owners.
California’s Insurance Crisis: A Growing Threat to Homeowners and Small Businesses
California is in an insurance crisis due to wildfires, causing major insurers to leave and homeowners to face high costs and limited options. Many are turning to the FAIR Plan, which has its own issues.
Sentry Insurance Expands Its Reach With Acquisition Of The General
Sentry Insurance has acquired The General for $1.7 billion, its largest deal, boosting its non-standard auto insurance and adding 1,300 employees for better market reach and customer service.
Texas Takes Legal Action Against Allstate Over Alleged Data Privacy Violations
Texas AG Ken Paxton is suing Allstate and Arity for major data privacy violations affecting over a million drivers. The case aims for penalties and may reshape data practices in insurance, stressing the need for transparency and compliance.
California Wildfires Drive Up Auto Insurance Rates: A Financial Crisis Looms
California’s wildfires caused a 48% rise in auto insurance rates, straining residents’ finances. Insurers are offering payment deferrals to help those affected by these disasters.
2025 Auto Insurance Rates: A Mixed Bag of Increases and Savings
As we step into 2025, auto insurance rates are set to rise, but the increases are … 2025 Auto Insurance Rates: A Mixed Bag of Increases and SavingsRead more