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Insure your home with Chubb

Bogle Agency Insurance of Lyndhurst NJ offers Bergen and Morris County NJcustomers Masterpiece Homeowners Insurance with Chubb. This coverage is insurance provided by one of the leading carriers in america. Chubb isknown for its outstanding insurance coverage, and at Bogle we are known to always look for the best way to meet our customers’ needs. We knowthat Chubb’s Masterpiece Homeowners …

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Triple-I blog | Cyber ​​premiums almost doubled as losses fell

By Max Dorfman, research writer, Triple-I Directly written premiums for cyber insurance increased sharply in 2021 from 2020, spurred by non-life activity and cyber incidents. According to a recent analysis by S&P Global Market Intelligence, direct-written premiums almost doubled, to about $ 3.15 billion in 2021, from $ 1.64 billion the previous year. Directly written premiums for packaged cyber insurance …

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Allianz wins COVID-19-related verdict against hotel

Referring to previous decisions, a federal appeals court ruled Friday in favor of an Allianz SE unit in a covid-19 business interruption lawsuit filed by a Miami hotel owner. Abbey Hotel Acquisition LLC, which owns and operates the Setai Hotel in Miami Beach, Florida, has filed a lawsuit against the National Surety Corp. and sought coverage for business interruptions under …

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Thoughts on claim incentive goals – where is the goal not to overlook all damages? | Property Insurance Law Team Blog

Merlin Law Group’s attorney Drew Houghton provided an article Discovery of insurers’ employee incentive plans: Rewarding employees for paying insurance applicants less, to my attention. It was written by longtime colleagues Mike Abourezk and Marialee Neighbors. Their article is important and addresses one of the fundamental ethical issues of claims management: The role of the claims profession in terms of …

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What to do with a one-time life insurance policy

As the primary beneficiary, it can feel overwhelming to receive such a large sum of money at once. You may often wonder what to do with a one-time life insurance payment. Use these tips to manage a life insurance payment. by Cameron Huddleston 26 May 2022 | Life insurance A life insurance payment can be a real lifeline for any …

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Long COVID comp study studies link disease to age

Being older than 60 at the time of the covid-19 infection was the “strongest risk factor” associated with long-term disability and high costs for related workers’ compensation claims, according to a study published in the Journal of Occupational and Environmental Medicine this month. The study was conducted on 13,153 covid-19 workers in 11 states between January 1, 2020 and November …

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Derecho could be one of Canada’s most expensive convective storms

A hurricane that traveled 621 miles across southern Canada and hit major metropolitan areas could be one of the most costly insured severe convective storms recorded for Canada’s insurance industry, Aon PLC said on Friday in its latest disaster report. The May 21 storm, which generated extraordinary straight-line wind damage, could also be one of the more expensive Canadian insured …

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The employee can bring an action in a civil court for prohibited medical debt collection

The Florida Supreme Court unanimously ruled Thursday that state employees’ compensation laws do not preclude the district court’s jurisdiction over claims against a caregiver for prohibited debt collection practices. Patty Davis was injured during his employment. She received medical care from Sheridan Radiology Services from Pinellas Inc. and Laboratory Corp. of America. Thereafter, Sheridan and Labcorp repeatedly billed Davis directly …

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The SEC is investigating Musk’s share purchase on Twitter

(Reuters) – The US Securities and Exchange Commission is investigating Tesla Inc.’s CEO Elon Musk’s revelation of its stake in Twitter Inc. in early April, according to a letter the agency sent to him in April. In the letter, now published by the SEC, Musk’s regulator asks why he does not appear to have submitted the necessary paperwork within 10 …

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Reinsurers report higher premiums, profitable insurance

US reinsurers reported premium growth of more than 20% in the first quarter and global reinsurance companies reported double-digit premium growth last year, according to two reports released on Friday. The Reinsurance Association of America said that the group of 17 U.S. property / accident reinsurers it tracks reported $ 22.7 billion in net premiums in the first quarter of …

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