Flood is Not a Covered Loss

PAID SICK LEAVE BECOMES THE LAW IN PHILADELPHIA

Little League or School Volunteer this Spring? You Might Need a Background Check

It’s almost sign up time for Little League and plans are being made for school activities for the Spring. If you are a parent who hopes to be involved in these activities with your son or daughter,...

Philadelphia Property Insurance Litigation in 2015

The American insurance industry is facing unprecedented opportunity and risk.  Issues are emerging as rapidly as each brand new technological advance, market shift, and change in the world...

Property Insurance Update – The Appraisal Process

The appraisal process has been the source of disagreement and even some confusion for insurers in Pennsylvania. While there are no clear trends emerging from the courts, we...

Is the New myRA Retirement Savings Account Right for You?

Soon many employees will have access to a new type of retirement savings account, the “myRA”. President Barack Obama introduced his proposal for this new plan to the public during his State of...

2014 Tax Extenders Bill Passes Congress

As of Tuesday December 16, 2014, both houses of the U.S. Congress have now passed the Tax Increase Prevention Act of 2014, and analysts expect President Obama to sign the Bill. The Bill...

The Suit Limitation Clause is Enforceable

Welcome to the first in our series of legal updates focused on property insurance and property loss adjusting. This inaugural entry addresses the enforceability of the one year Suit...

Beware of Scammers Impersonating the IRS

Despite repeated warnings from the Internal Revenue Service and news reports (including on this blog

VICTORY FOR TAXPAYER OVER THE IRS: Discount Allowed for Fractional Interest in Artwork

In a victory for the taxpayer, the Fifth Circuit ruled that valuation discounts are available for an estate which owns a fractional interest in artwork. In the case of Estate of James A. Elkins,...