Tue.Mar 12, 2024

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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. Cheung v. Allstate Vehicle & Prop. Ins. Co., No. C22-1174 TSZ, 2023 WL 9000432 (W.D. Wash. Dec. 28, 2023). The Court considered whether the Plaintiffs’ loss was caused by theft or vandalism, as neither term was defined in the policy.

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New York Issues Credit Card Surcharge Guidance for Businesses

Hunton Andrews Kurth

Earlier this year, New York Governor Kathy Hochul signed S.B. S1048A into law (which we reported about here ) requiring sellers that impose credit card surcharges to post the total price, inclusive of the surcharge, on the item. The law is aimed at preventing consumers from being misled when making a purchase using their credit card. Governor Hochul recently announced guidance to help businesses better implement the law’s requirements.

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Train Your Brain to see the Gain: Tips to Squash Negativity and Embrace Progress

Your Journey With Jennie

Hey everyone, Jennie Wolek here! We've all been there: you put yourself out there, share something you're passionate about, and then.wham! A negative response smacks you down. It's easy to get stuck in that "gap" of self-doubt, focusing on the one bad apple instead of the basket full of good ones. Sound familiar? This happened to me recently. I sent out a long email with insights from a conference, and at the bottom, I asked people to reply "hi" if they read the whole thing.

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10 Major Challenges Facing the Modern Insurance Industry in 2024

Top Insurance Blogs

What could be the key challenges facing the insurance sector? Are there ways AI and technology can help us tackle these problems? The insurance industry has long been considered a cornerstone of financial stability, providing individuals and businesses with protection against unforeseen risks. However, in recent years, the industry has been grappling with a host of challenges brought about by changing demographics, emerging technologies, and evolving consumer expectations.

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Five Biggest Threats Faced by Independent Insurance Agencies

InsuredMine

Amid rising inflation and market fluctuations, independent insurance agencies keep on finding themselves grappling with intensified challenges stemming from a continuous cycle of economic uncertainties, geopolitical headwinds, environmental challenges, and capital constraints. These challenges can be squeezing profits. But opportunities exist as well.

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Why is Health Insurance So Expensive in the United States in 2024?

Top Insurance Blogs

Why is health insurance so expensive in the United States and what can you do about it in 2024? The tension in our rambling medical services framework in the U.S. has never been more strained. There’s a critical need to extend testing and treatment for COVID-19 to all occupants who require it, paying little heed to medical coverage bills. This has made a lot of policyholders start comparing private medical insurance.

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How ICHRA Health Insurance Can Benefit Both Employers and Employees

Top Insurance Blogs

In the world of work benefits, ICHRA health insurance is a game-changer for both bosses and their teams. ICHRA, which stands for Individual Coverage Health Reimbursement Arrangement, is a fresh way for companies to handle health benefits. It lets businesses pay back their workers for their health insurance costs, instead of offering the same plan to everyone.

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Best Private Medical Insurance UK 2024

Top Insurance Blogs

Looking to buy medical insurance in the United Kingdom? This list of best private medical insurance UK would guide you on where to purchase one. I have reviewed the best private medical insurance companies in the United Kingdom so you can choose from when you need comprehensive health insurance. In this article, I will show you how to choose the best private medical insurance UK and the cost of private medical insurance in the United Kingdom.