Last week’s post introduced the mold exclusion commonly found in many all-risk policies. While last weeks post focused on a situation where mold damage was excluded, this week I am writing about a case where mold damage was covered, even though the policy at issue had a mold exclusion. In Bowers v. Farmers Insurance Exchange, [...]
Are you waiting for that great idea to start a business with? Are you looking for the next breakout idea? Do you think that the only thing holding you back is a great idea? I’m here to tell you that ideas are worthless and taking action is priceless. What’s the simple solution for finding the [...]
U.S. companies will spend more than $130 billion dealing with data breaches this year, according to a study by the cybersecurity research firm the Ponemon Institute. The study says the majority of data breaches are due to company negligence (40 percent) or computer errors (36 percent). Only 24 percent of data breaches were due to [...]
Last week, Julie Patel, of the Sun-Sentinel, continued her investigative reporting into insurance adjuster complaints in Florida. In the article, State seldom cracks down on insurance companies and their adjusters, Patel gives readers an inside look on the discrepancies between complaints against insurance companies and their adjusters and complaints against public insurance adjusters. Read more…
Borders Group decided yesterday to close its remaining 399 Borders and Waldenbooks retail outlets after attempts to find a savior for its Chapter 11 woes failed. The store closings, which affect 10,700 employees, could begin as early as Friday if a federal bankruptcy court judge approves of the company’s liquidation plans. As with other retail [...]