Casino gambling, including Indian gaming, is legal in 27 states and most of the casinos have been built in the last 5 years. The Gaming Sector is a Large Entertainment Industry. In 1995, gambling in the United States grossed over $40 billion in revenues.
FDIC Coverage Limits. The FDIC increased the amount of coverage on deposit accounts for banking customers in the wake of the Great Recession that began in 2007. For an individual account, the FDIC provides insurance protection up to $250,000, and each account carries this level of coverage.
As stated in the question, we informed you that the original amount of the policy limit was $222,285.00. We then stated that, by endorsement, the limit of liability increased by 125% or to $277,856.25, with the Inflation Guard protection for coverage A. This expense is included in the limit of liability that applies to the damaged property. There are two key words in that sentence.