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How Wildfires Like the Ocean County Blaze Could Threaten More Than Just Property – What NJ Residents Should Know About Insurance Coverage

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 to Manage $45 Billion Guardian Life Assets

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 …

What Legal Steps Can You Take if a Business Partner Violates Their Duties?

Business partnerships are grounded in trust, mutual understanding, and clear agreements. However, when a partner violates their duties, it can cause significant disruptions and harm the business. In New Jersey, business owners facing a breach of duty by a partner have specific legal options available to protect their interests and ensure the business remains viable. …

How Can Businesses Protect Themselves from Breach of Contract Claims?

Contracts are the foundation of most business agreements. Whether it involves suppliers, employees, or clients, a well-drafted contract is the basis for mutual understanding and compliance. However, when one party fails to meet its obligations, disputes can arise, potentially leading to breach of contract claims. Fortunately, businesses can take proactive measures to minimize risks and …

Genetic Testing Pioneer 23andMe Files for Bankruptcy

Genetic testing company 23andMe filed for bankruptcy late Sunday night following a dramatic decline from its $6 billion valuation to a penny stock. Co-founder and Chief Executive Officer Anne Wojcicki resigned by mutual agreement but will remain on the board. Chief Financial and Accounting Officer Joe Selsavage has been appointed interim CEO. Shares dropped nearly …

Trust Issues in Business Insurance: Avoiding Pitfalls with Your Coverage

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 …

Secret Mortgage Blacklist Leaves Homeowners with Unsellable Condos

A little-known mortgage “blacklist” continues to leave condominium owners across the country struggling to sell or refinance their homes. Maintained internally by Fannie Mae and Freddie Mac, the list identifies condominium projects that fail to meet federal lending criteria due to insurance deficiencies, unresolved litigation, deferred maintenance, or financial instability. Once a building is flagged, …

Insurance Coverage for Federal Investigations

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 …

Protect Your Business from the Next Data Breach: Freeze Credit and Mitigate Risk

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: …

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