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Soundview Cinemas loses lawsuit against insurance company – The Island Now

Port Washington's Soundview Cinemas have lost a lawsuit against their insurance company over financial losses they suffered as a result of having to shut down operations due to government mandates during the COVID-19 pandemic. (Photo by Rose Weldon) A lawsuit filed by Soundview Cinemas in Port Washington against its insurance company regarding financial losses it has suffered as a result of having to shut down its operations due to government mandates during the COVID-19 pandemic has been rejected. In an application dated February 10, Justice Timothy S. Driscoll of the Supreme Court's Commercial Division approved a motion to dismiss the…

Life insurance rates by age Bank interest

Life insurance offers valuable financial protection for your loved ones. It can be used to supplement your income during retirement, leave money to your heirs and support your relatives financially in the event of your death. Life insurance can be a benefit for everyone, even if you are young, healthy and single.Like other types of insurance, but especially for life insurance, your age is one of the main factors that will affect the cost of your life insurance premium. As a general rule of thumb, the older you get, the more expensive your life insurance will be. But the tax…

Macatawa Bank Co. (NASDAQ: MCBC) sees large reduction in short-term interest rates

Macatawa Bank Co. (NASDAQ: MCBC) saw a large reduction in short-term interest rates in January. On January 29, the short-term interest rate was a total of 251,000 shares, a decrease of 31.5% compared with January 14, a total of 366,200 shares. Approximately 1.0% of the shares in the company have been sold. Based on an average trading volume of 91,800 shares, the days-to-coverage ratio is currently 2.7 days. Hedge funds and other institutional investors have recently modified their holdings in the business. Nisa Investment Advisors LLC acquired a new position in Macatawa Bank during the fourth quarter worth approximately $…

The proposed bill aims to cover costs for property insurance, limit abuse

WINNING NEWS Homeowners' insurance prices are rising, with a report saying Florida's real estate and accident industry is "sprouting up against collapse." Now Florida lawmakers are trying to make changes to curb costs and prices. Sticker shock Marlene Parker loses her homeowner again. But she did not panic. This has happened once before, and Parker simply chose another operator. “It was actually cheaper and more coverage. and you know, so it was no problem, Parker said. But this time the call to her broker was different. “The best price is more than twice as much as I paid. So then…

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