Recent Posts in Business Insurance

• Posted By Dick Law Firm 17-Aug-2020

  Consolidation of COVID Business Loss Suits Denied; But Grouping by Insurer Eyed

  The legal panel on multidistrict litigation (MDL) has denied a proposal to consolidate cases brought by multiple businesses against various insurers for coronavirus-related business losses. The U.S. Judicial Panel on Multidistrict Litigation rejected ...

  Continue Reading
• Posted By Dick Law Firm 2-Aug-2020

  Court Affirms $34.3M Jury Verdict Against State Farm Life Insurance

  The class action was filed in June 2016, in the Western District of Missouri by Michael Vogt and other individuals who owned universal life insurance policy form 94030 issued by State Farm. The lawsuit alleged that State Farm breached the terms of ...

  Continue Reading
• Posted By Dick Law Firm 31-Jul-2020

  Merchants fight denials of business interruption insurance claims

  Restaurants, bars and other business owners struggling to stay afloat during the coronavirus pandemic are desperately reaching out for a lifeline from insurers through their business interruption insurance policies. But insurers contend they are ...

  Continue Reading
• Posted By Dick Law Firm 29-Jul-2020

  Insurance battle their clients over the coronavirus

  The legal and legislative fight over how much insurance companies must pay for coronavirus-related losses is just starting, and it's likely to get uglier. Why it matters: COVID-19 is, as one insurance industry executive puts it, "the biggest ...

  Continue Reading
• Posted By Dick Law Firm 27-Jul-2020

  Liberty Mutual Insurance Company pays up $11,816.00

  Liberty Mutual Insurance Company pays up $11,816.00 Liberty Mutual Insurance Company pays up $11,816.00 after initially claiming there was no damage. Dick Law Firm client can still sue for attorney fees and interest. This sum is after taking out any ...

  Continue Reading
• Posted By Dick Law Firm 21-Jul-2020

  Houston Rockets sue NBA over denied pandemic coverage claim

  The Houston Rockets filed a lawsuit against the team's insurer for denying a claim to recoup financial losses caused by the Covid-19 pandemic, according to multiple reports. Rocket Ball Ltd. and Clutch City Sports & Entertainment LP, the ...

  Continue Reading
• Posted By Dick Law Firm 19-Jul-2020

  COVID-19 and Your Business Insurance

  COVID-19 and Your Business Insurance By its very name, the coronavirus raises the question of whether it automatically excludes insurance companies from having to pony up for small business interruption claims related to the pandemic. A bill in ...

  Continue Reading
• Posted By Dick Law Firm 16-Jul-2020

  COVID-19 Insurance Claims Must Be Paid Promptly

  Covid 19 Insurance Claims COVID-19 insurance coverage articles written over the past several weeks are a mixed bag. Some articles paint an optimistic picture, where coverage is a possibility or a certainty, whereas others make coverage sound as ...

  Continue Reading
• Posted By Dick Law Firm 15-Jul-2020

  Hon. Eric Dick live discussion in Houston

  Eric Dick live discussion in Houston with Chris Carmona & Phillip Bryant Chris Carmona, Eric Dick and Phillip Bryant discussion on Houston Texas. COVID-19 Insurance claims & Watson explosion information. can you cash an insurance claim ...

  Continue Reading
• Posted By Dick Law Firm 11-Jul-2020

  Insurance Companies Deny Business Claims During COVID 19 Pandemic

  Insurance Companies Deny Business Claims During COVID 19 Pandemic As the spread of COVID-19 decimates the nation’s restaurant industry, business owners have pored over their insurance policies with hopes of discovering a safety net, only to ...

  Continue Reading
• Posted By Dick Law Firm 9-Jul-2020

  TOP 3 WORST INSURANCE COMPANIES

  Top 3 Worst Home Insurance Companies: 1. State Farm* 2. Allstate 3. Farmers Insurance TOP 3 WORST INSURANCE COMPANIES *WITH STATE FARM, SOME BELIEVE YOU ARE BETTER OFF HAVING NO INSURANCE AT ALL! top 3 worst insurance companies worst insurance ...

  Continue Reading
• Posted By Dick Law Firm 6-Jul-2020

  These Houston Restaurants Have Permanently Closed During the Covid-19 Pandemic

  In mid-March, restaurants across the city were required to close their dining rooms in an effort to stem the spread of coronavirus. The shutdown has been disastrous for the industry, with millions of jobs lost across the country and, unfortunately, ...

  Continue Reading
• Posted By Dick Law Firm 4-Jul-2020

  More Concerns About State Farm Loyds

  MORE CONCERNS WITH STATE FARM During the covid-19 pandemic, State Farm advertised that it would give clients rebates. Kevin Mcclellan notes that State Farm increased his premiums and did not provide him a rebate. Unfortunately, State Farm is no ...

  Continue Reading
• Posted By Dick Law Firm 29-Jun-2020

  Local Dentist files COVID-19 Insurance Claim

  KANSAS CITY, Mo. — Robert Klein has spent more than a decade building his dental practice. He has four offices stretching from Kearney to Kansas City. He’s never closed his doors until this past spring when non-essential businesses were ...

  Continue Reading
• Posted By Dick Law Firm 28-Jun-2020

  LUBY'S RESTAURANT ANNOUNCES INTENT TO SELL ASSETS

  LUBY'S RESTAURANT ANNOUNCES INTENT TO SELL ASSETS Another Texas icon has fallen prey to a bleak financial situation. Luby’s Inc. announced recently that it is going to sell all operating divisions and real estate assets to pay stockholders ...

  Continue Reading
• Posted By Dick Law Firm 24-Jun-2020

  Hurricane Season

  Eric Dick has Texas roots second to none. Being a direct descendant of the Tumlinson family, the “Come and Take It” cannon basically is his family crest. In 2016, he was overwhelmingly elected to Harris County Department of Education. He ...

  Continue Reading
• Posted By Dick Law Firm 18-Jun-2020

  Hiscox Action Group Launches $50M Arbitration Claim for COVID Biz Interruption Dispute

  The law firm that represents the Hiscox Action Group has commenced an arbitration against Hiscox Insurance for non-payment of business interruption insurance totaling £40 million ($50 million). The action group, composed of disgruntled Hiscox ...

  Continue Reading
• Posted By Dick Law Firm 16-Jun-2020

  IN-N-OUT BURGER SUES INSURANCE COMPANY FOR NOT COVERING COVID-19 CLAIM

  Irvine-based In-N-Out Burger has filed a lawsuit against its insurance company for not paying out on a business interruption claim due to mandated closures brought on by COVID-19. The iconic fast food chain has more than 350 locations across ...

  Continue Reading
• Posted By Dick Law Firm 11-Jun-2020

  Over 60% of COVID-19 business interruption claims are rejected by insurers

  Nearly two-thirds of business interruption claims made by companies during COVID-19 have been refused by insurers, a major survey by the Alliance for Insurance Reform (AIR) has found. The survey found that while only a third of the 2,095 respondents ...

  Continue Reading
• Posted By Dick Law Firm 2-Jun-2020

  LONG RUNNING HOUSTON RESTAURANT CLOSES IT'S DOORS

  LONG RUNNING HOUSTON RESTAURANT CLOSES IT'S DOORS Lucky’s Pub at 801 Saint Emanuel just east of downtown has long been the site of charity chili cookoffs, sports watching, personal celebrations and, most importantly, just a comfortable ...

  Continue Reading
• Posted By Dick Law Firm 8-Jun-2019

  Baseball sized hail slams northeast Houston neighborhoods

  If it's not floodwater, it's hail damage that Houstonians are now dealing with after severe thunderstorms pummel Southeast Texas this month. Along with several inches of flooding, the El Dorado area just northeast of the East Loop 610 and ...

  Continue Reading
• Posted By Dick Law Firm 27-May-2016

  What Damages are Covered in a Power Outage?

  We have all been sitting at our computers, working hard on a project, drawing close to completion, when suddenly – everything goes dark. A power surge roaring through the city’s electrical grid rushes into your home or business and shuts ...

  Continue Reading
• Posted By Dick Law Firm 21-Mar-2016

  The Seven Different Types of Business Insurance

  Insurance companies offer a myriad of different insurance policies to cover nearly every type of risk that a business could ever encounter. While most companies will not need to purchase every type of insurance, almost all businesses will need ...

  Continue Reading
• Posted By Dick Law Firm 12-Feb-2016

  Business Insurance & Property Damage: When Am I Liable?

  Business insurance is something that most businesses simply must have. Business insurance, or Commercial General Liability coverage, protects businesses against unforeseen injury or property damage claims that should arise. While this coverage ...

  Continue Reading
• Posted By Dick Law Firm 7-Jan-2016

  How Insurance Bad Faith Can Affect Your Business

  The purpose of purchasing insurance is to know that someone has your back financially during extreme and unexpected times of hardship. This notion applies to both individual insurance and insurance used by business owners. But just how the homeowner ...

  Continue Reading