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Insurance claim denials can devastate business owners, threatening financial stability and operational continuity. Yet, it is not unusual for insurance providers to do that. Fortunately, there are ways to fight for what your company is legally entitled to. Policyholders must be prepared to challenge those decisions strategically and effectively. What Are Common Reasons for Insurance …
The financial risks of defending against lawsuits, regardless of their merit, can be substantial for businesses, potentially impacting bottom lines and long-term viability. Insurance coverage designed specifically for litigation-related expenses can provide valuable protection, but many business owners remain unclear about their options. This information can protect your interests and help you move forward with confidence. …
Business Owners must protect themselves from liability to the fullest extent possible. Without sufficient coverage, a lawsuit could jeopardize the financial stability of their business. While primary liability insurance provides essential protection, it may not be enough to cover all potential claims. An Umbrella Insurance Policy offers additional coverage, helping businesses mitigate financial risks associated …
This week, a fast-moving wildfire scorched over 8,500 acres in Ocean County, New Jersey, causing sudden evacuations, power outages, and road closures. The scale and speed of the “Jones Wildfire” left little time to prepare, reminding New Jersey homeowners that the impacts of natural disasters extend far beyond physical destruction, especially when it comes to …
Janus Henderson has entered into a major partnership with Guardian Life, giving the investment firm a larger role in managing insurance assets. As part of the deal, Janus Henderson will manage $45 billion of Guardian Life’s bond portfolio. Guardian Life will also invest up to $400 million to support new projects at Janus Henderson, including …
When businesses and property owners invest in insurance, they expect their policies to provide financial protection in times of crisis. However, trust issues often arise when insurers delay claims, deny valid coverage, or fail to account for legal ownership structures—such as when property is held in a trust. Understanding these challenges can help business owners …
A secret mortgage “blacklist” is leaving homeowners throughout the country struggling to sell their condominiums. The list, maintained by Fannie Mae, includes condo associations that the mortgage finance giant deems as having inadequate property insurance or requiring critical building repairs. The consequences can be severe, making it significantly harder for potential buyers to secure financing. …
Companies have increasingly faced government investigations into potential misconduct in recent years, leading to significant financial and reputational risks. Federal agencies like the Federal Trade Commission (FTC) and the Department of Justice (DOJ) have ramped up enforcement of antitrust laws, while the Environmental Protection Agency (EPA) has also been active in conducting high-profile investigations. For …
Data breaches are no longer a question of “if” but “when.” As a CEO or business leader, protecting your organization’s financial security and reputation should be a top priority. Proactive measures like freezing credit can safeguard your company from financial fraud, shield corporate accounts, and maintain your credibility with stakeholders, including insurance carriers. Freezing Credit: …
Bidding wars over houses are fading, and buyers are gaining more leverage over sellers for the first time in years. More sellers are lowering prices or offering incentives to close deals in today’s less competitive real estate market. According to real estate brokerage firm Redfin, the average home now sells approximately two percent below the …
Herold Law, P.A., provides a full range of legal services for businesses in New Jersey, New York, and Florida. To speak with a legal professional experienced in your area of need, call 908-679-5011 or complete our simple intake form on our website to schedule a consultation. While located in Warren, New Jersey for the convenience of our New Jersey clients, we also serve clients in New York and Florida.
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