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Policyholders with Multiple District Disputes Win Business Interruption Coverage for "Direct Physical Loss" | Legal insurance blog about property insurance

Courts across the country have disputed the most important COVID-19 coverage issue as to whether a policyholder's inability to fully operate his business due to COVID-19 restrictions would meet the policy requirement to cover business interruptions that the "loss" must be a result of a "closure of the business" caused by "direct physical loss of or damage to covered property." …

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Laches defeats attempts to amend a settlement agreement

Buyer's remorse insufficient to amend settlement agreement Claxton Street Apartments, LLC, appealed the order for payment of $ 81,727.19 in transferred insurance income to the defendant, the City of Detroit, under a settlement agreement between the plaintiff, City and Defendant, Western World Insurance Company in Claxton Street Apartments, LLC v Western World Insurance Company and City of Detroit No. 350507, …

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Expiry of certain extensions of time limit for employees

Save as PDF On May 5, 2020, we informed customers that the Department of Labor (DOL) and the Treasury (departments) issued deadlines to help employee benefit plans, plan participants, and plan service providers affected by Covid19 outbreaks. This relief was specifically in the form of extensions of the participants' deadline that affected COBRA's continued coverage, special notification periods, claims for …

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A video explaining the application of awards from Campbell v. State Farm to Punitive Damages

See the full video at https://rumble.com/ve5ycd-a-video-explaining-the-application-of-campbell-v.-state-farm-to-punitive-da.html? mref = 6zof & mrefc = 2 and at https://youtu.be/gLXRBMMm1i4 [195659003] I State Farm Mut. Car. Ins. Co. v.Campbell (2003) 538 US 408, the United States Supreme Court held that “” the most important indication of the reasonableness of a criminal offense is the degree of blame for the defendant's conduct. "" (Id. On …

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Do you need a mortgage insurance life insurance 2021?

If you have a mortgage, there's a good chance you've heard of life insurance coverage. But if you're like most new homeowners, you do not know what this is or if it's worth your money. In this article, we take a look at the features of a mortgage insurance that will help you determine if one of these insurances may …

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California proposes modernization of compensation fee schedule

The California Division of Workers Compensation on Thursday released its final proposed medical-legal fee rules. The proposed amendments to the medical-legal contribution plan, which has not been updated since 2006, involve to a large extent changing the compensation structure for comprehensive, follow-up and supplementary evaluations of compensation to workers. The proposed changes would change the remuneration from an hourly fee …

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Bro, wear your mask | Business insurance

The director of the Athletics and Leisure Center at Bucknell University in Lewisburg, Pennsylvania, found it a difficult task to get the "adult adults" who worked at the center to manage the college students who used its facilities during the pandemic. So he hurried to some college fraternity brothers to work as "risk managers" to monitor the weight room and …

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The judge denies the order to stop the California COVID-19 standard

A judge in the San Francisco Superior Court on Thursday rejected a request for a preliminary injunction to stop the application of California's COVID-19 standards for businesses. In National Retail Federation v California Department of Industrial Relations Judge Ethan Schulman ruled that the NRF did not demonstrate that the California Occupational Safety and Health Standards Board had the authority to …

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The Nikola Review finds inaccuracies in some Milton statements

(Reuters) – Nikola Corp. and its founder Trevor Milton had made several statements that were completely or partially incorrect, the manufacturer of electric cars revealed in legislation no later than Thursday after an internal review. Kirkland & Ellis, a law firm hired by Nikola to conduct an investigation into allegations of fraud by card seller Hindenburg, also evaluated whether the …

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