Tag: insurance policy

How Fake Basquiat Paintings Sparked a $19M Insurance Battle and What It Means for You

Tate Ellison
Fake Basquiat Paintings

How the Basquiat Forgeries Shed Light on Art and Insurance The art world is buzzing with news of an ongoing $19.7 million legal battle involving Liberty Mutual Insurance Company, Great American Insurance Company, and the owners of a collection of fake Jean-Michel Basquiat artworks. While it may sound like a story for wealthy collectors and fancy museums, it also holds valuable lessons for everyday homeowners who own—or hope to own—art. The case began when the FBI seized 25 works claimed to be by Basquiat from the Orlando Museum of Art…

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State Farm Legal Showdown: Exposing the Hidden Risks of Non-Owned Vehicles

H. Cutner
State Farm Insurance Court Ruling

State Farm and Their Legal Battle Over a Loaner Car In a developing legal case, a former sports radio host finds themselves embroiled in a dispute with the insurance company over liability coverage following a 2022 motor vehicle accident. The incident occurred while the host was driving a vehicle owned by a local dealership during their employment at a media group. The vehicle was provided as part of a promotional agreement or an informal perk related to their work at the station. Insurance Coverage Dispute State Farm argues that they…

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How Medical Debt is Devastating Millions of Insured Americans and What You Can Do About It

Nordstrom
Medical Debt

Medical debt is a pervasive issue in the United States, affecting millions of Americans each year. Despite having health insurance, many people still find themselves facing unexpected medical bills that can lead to significant financial stress. According to a recent survey by the Commonwealth Fund, nearly half of insured working-age Americans received a medical bill or charge that should have been covered by their insurance. This article aims to shed light on the realities of medical debt, highlight key statistics, share personal stories, and offer practical advice for those grappling…

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Is My Car Totaled if the Airbags Deploy?

Guest Author

When it comes to car insurance, there is a lot of incorrect information out there. From misunderstandings about how policy terms work to differences in state coverage options, many drivers aren’t clear about what is and is not true. Here’s one of the most common confusion points drivers have: is my car totaled if the airbags deploy? Airbag deployment does not always cause a car to be fully totaled, but that certainly can happen in some cases. The exact line where this happens is complicated. Today, learn more about what…

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What Is the Process of Getting Hail Damage Repaired?

Guest Author

Are you excited because the temperature is getting cold outside? If so, you may be looking forward to a lot of winter weather activities. Unfortunately, one activity that is not fun during the winter is driving. If there is a lot of winter weather taking place outside, then you should try to avoid driving unless you have to. Sadly, there might be situations where you have to go out during the winter. If that is the case, your car might suffer hail damage. It can be frustrating to see hail…

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How to handle unpaid insurance claims

Guest Author

It is often overlooked how important it is to have insurance. It protects them from financial loss in case an unexpected event occurs. When someone has an accident or a crisis that insurance should handle, they need to file a claim for their damages with their insurance company to be paid out. Unfortunately, there are some cases where a claim is not handled properly. When this happens, the client may have to take legal action against their insurance company to be compensated for losses. Though it’s stressful and sometimes difficult…

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Life Insurance and Alcohol: What You Need to Know

Guest Author

If you have had issues with alcohol that are on record with either your health, driving or legal records, your insurance rates and options may be affected. Questions on your life insurance question specifically cover alcohol use because alcohol abuse can cause health issues. What should you know about the relationship that exists between life insurance and alcohol? Today, take some time to get a better understanding of this issue. How Could Alcohol Affect Your Life Insurance? Whether or not you have been diagnosed with alcoholism or specific alcohol-related medical…

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