Res Judicata Bars Insured from Challenging Insurer's Use of Schedule to Deduct Depreciation from the Loss The insured was barred by res judicata from filing a second lawsuit challenging the insurer's method of establishing the amount of the loss. Burke v. GeoVera Spec. Ins. Co., 2024 U.S. App. LEXIS 9186 (5th Cir, April 16, 2024). On...
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All 50 States in Just 2 Minutes: How Service Insurance Companies Went National in No Time This post is part of a series sponsored by AgentSync. When Service Insurance Companies decided to expand nationwide, what was once a mildly cumbersome task (for just the state of Texas), morphed into a Herculean challenge. The shift from a …
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Replacement Cost vs. Market Value: What's the Difference? If you were asked to describe the state of the housing market over the past few years, it could be summarized in one word: expensive.According to Home Bay, a real estate education platform, U.S. home prices increased an astounding 42% in the three years between March 2020 and March 2023.That data also showed that the national median home price rose to $468,000 as of 2022,…
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6 Considerations for Preparing for Your Move Exciting Times Ahead Congratulations on your new home! Buying a new home is filled with fresh possibilities and the excitement of new beginnings. As you prepare to move into your home, it is important to ensure it is as stress-free as possible. Whether you’re moving across town or to a different state, taking these specific steps can make a big job less overwhelming. Assess Your…
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Strategies to Combat Employee Theft Employee theft is a major issue that many business owners must unfortunately confront, damaging employer-employee trust and creating an intolerable financial burden on operations. Taking proactive measures to prevent and address instances of theft is crucial to protecting the business community. On average, workplace theft results in a staggering $50 billion in losses each year. The Alarming Scope of Employee Theft The growing prevalence of…
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