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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. After investigating, Allstate denied coverage, invoking the policy’s vandalism exclusion and increased risk provision. Allstate Vehicle & Prop. C22-1174 TSZ, 2023 WL 9000432 (W.D. 3d 1231, 1235 (W.D.

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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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This Black Friday and Cyber Monday, Protect Yourself and Your Business from Cyber Threats

Cowbell

So, why do Black Friday and Cyber Monday pose an increased risk for cyber threats? Cybersecurity Protection Tips for Black Friday and Cyber Monday To keep your business secure during these critical shopping days, it’s important to take a proactive approach to managing the security of your online systems.

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Commercial Insurance: Protect Your Business During Economic Uncertainty

Protect Commercial Insurance

Designed to protect your business from unforeseen risks, commercial insurance can offer the peace of mind you need to focus on what truly matters—growing your business and serving your clients. Another critical component of risk mitigation during uncertain times is investing in commercial insurance, which we will delve into next.

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Builder’s Risk Insurance in Tennessee: A Broker’s Guide 

Distinguished

An increase in construction also means an increase in financial risk. Job sites that are under construction are prone to things like fire, theft, and vandalism. This is why the popularity of Builder’s Risk insurance is growing. What Does Distinguished’s Builder’s Risk Cover?

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Essential Safety Gear for Motorcyclists: A Guide to Protection on the Road

Mark Jackson Insurance Agency

Motorcycle on an open road by Pragyan Bezbaruah Riding a motorcycle offers an unparalleled sense of freedom and excitement, but it also comes with its share of risks. From helmets to high-top boots, each piece of equipment plays a vital role in protecting riders from the elements and minimizing injuries during accidents.

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Does Builder’s Risk Coverage Differ for Residential vs. Commercial Construction Projects?

Distinguished

Builder’s Risk insurance is critical for residential and commercial construction projects, as it covers the property during construction or renovation. Commercial projects also often involve higher-risk factors, particularly when renovating existing properties such as restaurants, office buildings, or retail stores.