Companies

Owner of major Broadway theaters sues insurance companies over coronavirus payouts

Broadway theater owner Jujamcyn Theaters is suing its insurance companies, Federal Insurance Company and Pacific Indemnity Company, for paying merely $250,000 to cover what the company claims should be “tens of millions of dollars” in coronavirus-related losses.

NETFLIX ANNOUNCES CAST FOR NEW ‘PINOCCHIO’ ANIMATED MUSICAL

The lawsuit, filed with the Southern District of New York, alleges that Federal Insurance Company “flatly denied coverage, refusing to pay even a penny to help Jujamcyn” while Pacific Indemnity paid the company $250,000, a fraction of what it claims it should’ve been paid under its insurance policy.

“Federal and Pacific knew, and publicly acknowledged, that they could be obligated to pay for massive losses in the event of a pandemic. Federal and Pacific also knew that they could use common and widely available exclusions to guard against being obligated to pay for pandemic-associated losses,” Jujamcyn said in the lawsuit. “However, they decided not to

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TWG Insurance Agency d/b/a The Westport Group ranks on the Inc. 5000 list of America’s Fastest Growing Private Companies for the 5th consecutive year

The Westport Group appears on the Inc. 5000 list of America’s Fastest Growing Private Companies for the 5th consecutive year, ranking No. 1981 with three-year revenue growth of 214%.

BRAINTREE, Mass. (PRWEB) September 08, 2020

Inc. magazine has revealed that The Westport Group is No. 1981 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

“We are proud to have a team of talented, committed professionals who continue to work tirelessly on behalf of our clients,” says Managing Director Chris Kristian. “By innovating client-centric insurance products, providing state-of-the-art delivery systems, and taking care of our claimants, we have positioned ourselves

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Drones help insurance companies check damage in Cedar Rapids

CEDAR RAPIDS, Iowa (AP) — Insurance adjusters who descended on Cedar Rapids after the Aug. 10 derecho storm are using drones to check roofs and asking homeowners with less severe damage to take their own photos.

Some of this is due to the COVID-19 pandemic, which has reduced the number of experienced adjusters willing to travel. But the changes also help speed up claims and get repairs done sooner, company representatives said.


“Drones or aerial imaging helps them estimate the claims,” said Scott Hauptman, vice president for claims for Grange Insurance, of Columbus, Ohio, which is working with Integrity Insurance, of Appleton, Wis., to handle at least 500 storm-related claims in Cedar Rapids. “It’s as efficient as possible and helps them (adjusters) safeguard their health.”



Cedar Rapids officials told The Gazette on Wednesday that 140 buildings are too damaged to be occupied. Several hundred more have non-structural or cosmetic damage.

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Federal lawsuits filed in Pittsburgh against insurance companies that didn’t pay for pandemic-related losses

Following on the heels of dozens that have already been filed across the country, three potential class-action lawsuits related to covid-19 were filed in federal court in Pittsburgh late this week.

All three complaints were filed against insurance companies alleging that they failed to cover claims for losses their customers sustained because of government-ordered shutdowns during the pandemic.

In one complaint filed in U.S. District Court, James and Jessica McMenamin Jr., of Butler County, are suing Arch Insurance Co. and Arch Insurance Solutions Inc. for failing to cover their losses for a trip that was canceled.

The couple booked tickets on Jan. 23 to travel from Pittsburgh to London, and then for a vacation tour from London to Rome, departing June 18 and returning 10 days later. They booked their travel

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Who Is Considered A High-Risk Driver By Car Insurance Companies?

https://compare-autoinsurance.org/) has launched a new blog post that explains from what reasons car insurance companies consider some drivers as high-risk.” data-reactid=”12″LOS ANGELES, CA / ACCESSWIRE / August 27, 2020 / Compare-autoinsurance.org (https://compare-autoinsurance.org/) has launched a new blog post that explains from what reasons car insurance companies consider some drivers as high-risk.

https://compare-autoinsurance.org/what-are-high-risk-drivers/” data-reactid=”13″For more info and free car insurance quotes, visit https://compare-autoinsurance.org/what-are-high-risk-drivers/

Drivers should avoid being classified as high-risk by insurance companies. The premiums paid by high-risk drivers can be very high, and especially for those who are required to carry full coverage. Usually, persons who are more likely to cause accidents are considered high-risk.

High-risk drivers are classified as such for the following reasons:

  • Drivers with major traffic violations. Drivers who are involved in at-fault accidents or they are caught driving
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Find out how Drivers are Classified by Car Insurance Companies

LOS ANGELES, CA / ACCESSWIRE / August 23, 2020 / Compare-autoinsurance.org ( http://compare-autoinsurance.org ) has released a new blog post that explains how insurance companies classify drivers and why there is a such a huge price difference for car insurance premiums.

For more info and free car insurance quotes online, visit http://compare-autoinsurance.org/how-car-insurance-companies-classify-drivers

Insurance is a risk-based business. Normally, each company wants to profit as much as possible. In this case, companies profit when they insure drivers who are less likely to commit an accident, make claims,and always pay their premiums on time. Find out more and get free car insurance quotes from http://compare-autoinsurance.org.

Basically, there are 3 risk categories, each one with a different risk profile:

  • Preferred (or Premium). This is a top tier category and includes the safest drivers. Clients placed in this category do not have any at-fault accident or have been involved in accidents in the
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The 10 best car insurance companies in the US for 2020

Having car insurance is the law in 48 out of 50 states, so it’s an essential no matter what kind of car you have or how much you use it.

Car insurance policies provide protection against property damage or bodily injury liability if an accident occurs. Other types of specialized insurance can cover damage to your own vehicle for a variety of reasons (collision coverage), incidents with uninsured or underinsured drivers, plus medical expenses incurred due to accidents. Some car insurance companies have coverage options that even include roadside assistance or that can be bundled with homeowners insurance, if you have a house. Depending on the insurance you get, you could have limited or full coverage, though most states require all drivers to at least have liability insurance.

The costs covered in an

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Progressive: Ranked One Of The Best Insurance Companies

Over $750 average savings for new customers who save*

With Progressive auto insurance, you’ll enjoy affordable coverage options and a variety of discounts. Plus, you can get a quote in just a few minutes – get started now and enjoy peace of mind behind the wheel.

Why Progressive?: We guarantee repairs for as long as you own or lease your vehicle when you take it to one of our network shops.

Learn more about auto

Join the #1 specialty insurer starting at $125/year††

Whether you’re a full-time RVer or an occasional road-tripper, you’ll find all the coverages you need at an affordable price right here. Get a quote now and enjoy the open road without worry.

Why Progressive?: From windshield & glass coverage to emergency expenses, we have your road trip covered.

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Ride with the #1 bike insurer starting at $75/year**

If you

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