Department Store Blames Insurers As It Files Bankruptcy and Shuts Down

By Jeremy Hill | September 10, 2020

  • September 11, 2020 at 9:15 am
    Ray Blacklidge says:
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    Your Insurance Company isn’t the problem. They paid you what you contracted with them to cover and didn’t pay you what you didn’t purchase from them. So who to blame?
    Covid-19. That’s a no brainer.
    Century 21 Company Executives and Counsel. They decide what policies and coverages to purchase. They could have purchased insurance that would have saved their company however they either didn’t see the need or decided (a business decision they must live with) they didn’t want to spend the money to cover such a loss. They should also have engaged a good Insurance Agent to clearly explain to them what they were and weren’t buying.

  • September 11, 2020 at 1:54 pm
    An Actuary says:
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    BLAME IT ON THE RAIN
    Milli Vanilli
    You said you didn’t need her
    You told her good-bye (good-bye)
    You sacrificed a good love
    To satisfy your pride
    Now you wished
    That you should have her (have her)
    And you feel like such a fool
    You let her walk away
    Now it just don’t feel the same
    Gotta blame it on something
    Gotta blame it on something
    Blame it on the rain that was falling, falling.
    Blame it on the stars that did shine at night
    Whatever you do don’t put the blame on you
    Blame it on the rain yeah yeah
    You can blame it on the rain
    Should’ve told her you were sorry (sorry)
    Could have said you were wrong
    But no you couldn’t do that. No, no
    You had to prove you were strong ooh
    If you hadn’t been so blinded (blinded)
    She might still be there with you
    You want her back again
    But she just don’t feel the same
    Gotta blame it on something
    Gotta blame it on something
    Gotta blame it on something
    Blame it on the rain that was falling, falling
    Blame it on the stars that did shine at night
    Whatever you do don’t put the blame on you
    Blame it on the rain yeah yeah
    You can blame it on the rain
    Cos the rain don’t mind
    And the rain don’t care
    You got to blame it on something
    (Blame it on the rain)that was falling, falling
    (Blame it on the stars)did shine at night
    Whatever you do don’t put the blame on you
    Blame it on the rain yeah, yeah
    You can blame it on the rain(Blame it on the rain yeah, yeah) x 3
    You can blame it on the rain, blame it on the rain blame it on the rain baby
    (Blame it on the rain yeah yeah)
    Blame it on the stars that did shine that night
    (Blame it on the rain yeah yeah)
    Blame it, blame it on rain
    Whatever you do don’t put the blame on you
    Blame it on the rain, yeah, yeah
    got to blame on something
    got to blame on something
    (Blame it on the rain)
    that was falling, falling
    (Blame it on the stars)
    that shine that night
    Whatever you do don’t put the blame on you

  • September 15, 2020 at 1:54 pm
    FFA says:
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    I just watched the Blues Brothers movie. Jim Belishui has some good excuses for missing his wedding. .

  • September 16, 2020 at 2:12 pm
    mccluney says:
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    Hey Ray: Gee, I consider myself to be a good insurance agent. But i never considered once explaining to any of my clients that pandemic causes of loss would not be covered by business interruption policies. I have had several conversations with clients who have asked if their insurance covered all losses. i have replied, tell me what loss you would wish to be covered and i will tell you if your policy would provide protection. There is no way an agent can explain all excluded loss situations



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