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16 Dec 2022, 6:32 am
Triple Net (NNN) A triple net (NNN) lease is a commercial lease under which the tenant is responsible for base rent along with (i) property taxes, (ii) building insurance, and (iii) CAM expenses. [read post]
16 Dec 2022, 4:59 am
Homeowners’ insurance premiums have gone through the roof, with Floridians now paying an average of more than $4,200, triple the national average. [read post]
15 Dec 2022, 1:55 am
By 2000, that amount had more than tripled to $626 billion, growing to $702 billion by 2012. [read post]
13 Dec 2022, 11:16 am
Failure to comply can result in triple damages and reimbursement of attorney fees to the consumer. [read post]
22 Nov 2022, 5:34 pm
In an insurance world where every insurer has penalties for not insuring to value, the current federal flood program underinsures many of its insured structures. [read post]
18 Nov 2022, 5:16 am
This is called triple extortion. [read post]
14 Nov 2022, 2:20 pm
The first half of 2022 has seen a record MDL figure of $1,573 billion which, according to Cornerstone, is more than triple the semi-annual average from 1997 to 2021. [read post]
11 Nov 2022, 8:49 am
F.S. 626.155 and F.S. 626.9541 explains insurers in Florida can be compelled to pay triple damages if they don’t approach claims in good faith. [read post]
11 Nov 2022, 8:49 am
F.S. 626.155 and F.S. 626.9541 explains insurers in Florida can be compelled to pay triple damages if they don’t approach claims in good faith. [read post]
21 Oct 2022, 10:35 am
Acting in bad faith refers to an insurance company’s refusal to pay a claim that it clearly should have under the contract terms. [read post]
17 Oct 2022, 3:04 pm
The US seeks triple its damages plus a civil penalty for violating the False Claims Act in relief. [read post]
13 Oct 2022, 1:55 pm
As U.S. corporate valuations fall from their lofty peaks, insurers face a triple threat comprising sustained settlement losses on bloated inventories of securities class actions and shareholder derivative claims, limited investment income from a low interest rate environment during the COVID-19 pandemic, and a softer D&O market. [read post]
6 Oct 2022, 11:04 am
While these may not seem significant, court costs can triple those fines. [read post]
5 Oct 2022, 7:36 am
In terms of cash and invested assets, PE-owned insurer’s holdings are 6% of total industry cash and invested assets, double their 3% representation within the industry. [read post]
26 Sep 2022, 3:23 am
Increased Insurance Rates Insurance companies don’t want customers who are likely to cause car accidents. [read post]
1 Sep 2022, 12:56 pm
In fact, the interest rates are so high that the repayment amount can quickly double and triple the principal. [read post]
25 Aug 2022, 1:10 pm
” From this case, “Ozerden ordered State Farm to pay $750,000, triple the amount of the false claim State Farm submitted to the flood program, and $2.9 million in attorney’s fees and expenses for the Rigsbys. [read post]
5 Aug 2022, 9:05 pm
They offer the opportunity to purchase affordable libel insurance. [read post]
15 Jul 2022, 1:53 am
In addition, private car insurance only covers the one driver and the vehicle they drive whereas commercial truck insurance can cover several trucks and employees under a trucking company’s fleet. [read post]
15 Jul 2022, 1:53 am
In addition, private car insurance only covers the one driver and the vehicle they drive whereas commercial truck insurance can cover several trucks and employees under a trucking company’s fleet. [read post]
