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North Carolina: How To Deal With Windstorm Insurance After Hurricane Damage

North Carolinians know when Hurricane season begins and ends; we know what a spaghetti model is; we know who in our neighborhood has a generator! Do we know enough about windstorm insurance policies, how to successfully manage insurance claim? Here are some tips. ....

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Sea to Sky Gondola sues insurance brokers for alleged negligence


 
VANCOUVER
After B.C.’s iconic Sea to Sky Gondola was hit by two acts of vandalism in as many years, the operators are suing their insurance brokers over an alleged failure to procure adequate insurance” following the first incident.
The gondola’s cable was first cut in August 2019 and the attraction had to be closed for repairs until the following February.
A notice of civil claim filed last month in B.C. Supreme Court alleges two insurance agents for Marsh and McLennan Canada “did not procure a renewal” of the company’s insurance policy before it expired in January 2020. The company had to obtain two short-term extensions to maintain coverage until the end of the month. ....

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Failure to Procure Business Interruption Coverage Claim Dismissed


California Federal Court Dismisses Claim Against Broker for Alleged Failure to Procure Business Interruption Coverage for COVID-19
Friday, January 8, 2021
In an order dated December 15, 2020, a California federal court found in favor of an insurance broker, dismissing a professional negligence claim whereby the plaintiffs alleged that the broker failed to procure business interruption coverage sufficient to cover business interruption losses arising from COVID-19.
Background
On June 26, 2020, the plaintiffs, entities that provide rehabilitative and medical-surgical services, filed a complaint in California state court against an insurer and an insurance broker. The Complaint alleged that the insurer breached its business interruption insurance policy with the plaintiffs by denying them coverage for losses caused by the COVID-19 pandemic. In addition, the Complaint alleged a negligence cause of action against the broker that sold the plaintiffs the policy ....

United States , Corona Virus , Business Interruption Coverage , Business Interruption Coverage Insurance , Covid 19 Business Losses , Losses Arising From Covid 19 , ஒன்றுபட்டது மாநிலங்களில் , கொரோனா வைரஸ் , வணிக குறுக்கீடு பாதுகாப்பு , வணிக குறுக்கீடு பாதுகாப்பு காப்பீடு ,