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Alcohol exclusion laws permit insurance companies to deny claims associated with the consumption of alcohol. They were passed in the 1940s in the United States to discourage people from drinking alcoholic beverages and to save insurance companies money from alcohol-related claims. [ 1 ]
The restaurant and bar recently announced plans to close, citing rising liquor liability insurance rates. It is now facing a lawsuit that alleges it served an “excessive” amount of alcohol to ...
California Retail Liquor Dealers Assn. v. Midcal Aluminum, Inc., 445 U.S. 97 (1980), was a United States Supreme Court case in which the Court created a two-part test for the application of the state action immunity doctrine that it had previously developed in Parker v. Brown.
In the UK, Logistics costs for returns is estimated at between £20bn and £60bn per year. Figures show that 33% of retailers had to increase prices to counter rising returns volumes whilst 31% of retailers said managing returns impacts their profits. For some companies the costs of accepting returns amounts to as much as 5% of their annual ...
Instead, ROP life insurance offers a refund of the premiums you’ve paid over the policy term (typically 10, 20 or 30 years ), creating a hybrid between pure insurance and a form of financial ...
A driver, who'd drank at Alliance Country Club golf outing, killed three people in 2021. The club will pay $5 million, name policy after victims.
Return fraud is the act of defrauding a retail store by means of the return process.There are various ways in which this crime is committed. For example, the offender may return stolen merchandise to secure cash, steal receipts or receipt tape to enable a falsified return, or use somebody else's receipt to try to return an item picked up from a store shelf.
The lobbying group for the retail industry is stepping back from claims it made earlier this year that “organized retail crime” was responsible for nearly half of the inventory losses in 2021.