Intact Insurance has convinced an Alberta court that the “faulty workmanship” exclusion applies in a disputed commercial fire claim but the carrier still has to pay more than $600,000 to a bakery, mainly because the judge rejected Intact’s definition of “oven.”
Are you an “essential worker?” Am I? Does the contribution you make to the economy and society in general through the course of your work make any difference? Are we essential, or not? Doesn’t every position hold some value to the greater good?
My purpose today is to add some clarity and remind readers that, when it comes to most of the insurance products we sell, there is little, if any, insurance coverage response. But first, let’s take a look at what a GMO is, how long they have been around, and what they mean for agriculture and the food on your table.
The fight over who should foot the bill for lost business because of shelter-in-place orders is making its way through the courts. Increasingly, business owners are finding allies in states in the fight to have business losses incurred by shelter-in-place orders and COVID-19 be covered by insurance policies.
Violent protests over the death of George Floyd broke out in Minneapolis for a second straight night, as businesses were looted and buildings burned. Police Chief Medaria Arradondo said that while the vast majority of protesters were peaceful, there was looting happening as well as “significant property damage” and the “creation of Molotov cocktails.”
Employee monitoring software can keep your workforce accountable and productive, but it can also reduce morale and promote distrust. Consider the risks.
Four alleged organized criminal organizations that operated as rival tow truck companies involved in a violent battle for territory in the Toronto area have been dismantled, police said Tuesday.
The coronavirus pandemic is already changing the way that American businesses operate, at least temporarily. But look closely, and you can see the potential for long-lasting changes even after life returns to normal.
A tropical storm that could unleash heavy rainfall and produce life-threatening flash flooding made landfall along the South Carolina coast on Wednesday, the U.S. National Hurricane Center (NHC) said.
A Laval area restaurant that says it has lost more than $700,000 in two months as a result of the pandemic is not taking no for an answer from the insurer, who says business interruption coverage does not apply because it’s not a direct physical loss and is citing several exclusions.
People across the country are trying to cope with the spread of COVID-19 and the far-reaching ramifications that it is bringing with it. Amidst the pandemic, all kind of industries have turned to the virtual world to cope.
AXA (AXAF.PA) will meet the bulk of business interruption claims from some restaurant owners in France, it said on Tuesday, after losing a court case seen as a potential precedent for coronavirus-related disputes across the world.
The coronavirus hasn’t been kind to car owners. With more people than ever staying home to lessen the spread of COVID-19, their sedans, pickup trucks and SUVs are parked unattended on the streets, making them easy targets for opportunistic thieves.
Residents in central Michigan on Thursday began returning to water-logged homes and assessing the scope of damage left by what Gov. Gretchen Whitmer described as a "500-year" flooding event. The disaster began unfolding on Tuesday after a long period of heavy rain caused rivers to swell beyond anything seen before, which resulted in two dams failing.
Civil discourse in the workers’ compensation industry can at times be a challenge. The adversarial and sometimes acrimonious nature of the work we do doesn’t always bring the best out of people.
