Insurance Journal
NOVEMBER 19, 2024
President Joe Biden’s administration is seeking $98.6 billion in emergency disaster relief funding from Congress to address the devastation from recent back-to-back hurricanes that hammered the US southeast and left billions in damage.
Property Insurance Coverage Law
NOVEMBER 19, 2024
The truth about Florida’s property insurance market requires honest discussion, even when it means acknowledging valid points from all sides. However, this candor only reinforces the troubling reality facing Florida’s policyholders. I was reading an article, Insurance Organization CEO Michael Carlson Tackles Industry’s ‘Hot Topic’ in Florida, which stated in part: Reports that Florida carriers … The post A Frank Discussion About Florida’s Insurance Crisi
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Property Insurance Coverage Law
NOVEMBER 18, 2024
The 1802 New York Supreme Court case of Lenox v. United Insurance Company 1 offers timeless guidance on the distinction between preliminary “proof of loss” requirements and “proof” evidence required at trial. This distinction remains critically important for today’s insurance practitioners and policyholders alike. This post is a follow-up to Where Did the Proof of Loss … The post Proof of Loss Requirements: A 222-Year-Old Case Still Relevant for Modern Insurance Claims appeared first
Redbird Agents
NOVEMBER 15, 2024
Redbird Training - We offer live Redbird training classes for Producers every Tuesday and Thursday. Recruitment: The Backbone of the Insurance Industry Insurance recruiting is more than a necessity—it’s a strategy. For agencies, field marketing organizations (FMOs), and insurance companies, finding the right insurance professionals to fill roles like licensed sales agent, claims adjusters, underwriters, and account managers is crucial to maintaining a competitive edge.
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LexisNexis
NOVEMBER 19, 2024
By Serena Wellen & Min Chen There’s an entirely new category of generative AI that’s rapidly emerging – with the express purpose of making your legal work easier and faster. If you haven’t already heard, there’s a new buzz about Microsoft Copilot agents. These are conversational AI assistants designed for Microsoft 365 Copilot, which harness the power of customized Large Language Models (LLMs), like ours at LexisNexis, to extend Microsoft 365 Copilot.
Neilson Marketing Services
NOVEMBER 13, 2024
We started our business as a telemarketing company in the property and casualty (P&C) insurance space. The industry, particularly in the P&C sector, is evolving, and telemarketing has followed suit. No longer confined to cold calls and scripts, modern telemarketing requires a multi-modality approach to remain effective and reach audiences in a way that drives engagement and conversions.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Cowbell
NOVEMBER 18, 2024
Black Friday and Cyber Monday are synonymous with big sales, increased online shopping, and higher retail volumes—both in stores and online. But these high-traffic days also mark a peak period for cybercriminals looking to exploit the surge in consumer activity, stressed systems, and distracted employees. As the shopping frenzy begins, it’s crucial to remain vigilant about cybersecurity to prevent disruptions or breaches that could leave your business vulnerable well after the deals are over.
AMAXX
NOVEMBER 19, 2024
The return-to-work ( return to work ) process is challenging under the best of circumstances. When union and non-union environments come into play, it introduces additional dynamics that require careful management and understanding. The key to successfully navigating these environments lies in building trust, ensuring dignity and respect, and understanding the different structures that affect decision-making.
EverQuote
NOVEMBER 13, 2024
Want to be an independent insurance agent but have no idea where to start? Let this guide—sourced from an expert agent who has traveled this same path—be your, well, guide.
Insurance Journal
NOVEMBER 18, 2024
Florida employers will soon see the smallest decrease in workers’ compensation rates in years – just a 1% reduction from current overall rates in the voluntary market.
Property Insurance Coverage Law
NOVEMBER 16, 2024
The recent Oregon federal court decision in Wilson v. Liberty Insurance Corporation serves as a stark reminder that invoking appraisal may be a one-way street with no turning off or around allowed. 1 The case offers important lessons for policyholders, insurers, and their representatives about the binding nature of appraisal provisions once triggered.
Splash: Finance and Insurance
NOVEMBER 19, 2024
CDB Leasing has been tied to a triple kamsarmax bulker sale through an auction. Multiple brokers report the Hong Kong-listed leasing unit of China Development Bank has offloaded the 2015-built CL Rizhao and the 2016-built CL Singapore and CL Tianjing for around $68.5m.
Frankenmuth Insurance
NOVEMBER 14, 2024
Emergency home repairs can come out of nowhere. On top of that, they can require significant time and money. Reduce the effects of storm damage, burst pipes, gas leaks, flooding, fires, and power outages by following these tips. Emergency home repair #1: Storm damage. Severe winds, rain , tornados , hurricanes , and hail can cause structural damage to your home.
Wren Insurance Agency
NOVEMBER 13, 2024
As you know, Florida is a unique state when it comes to insurance. It's a challenging environment with our hurricane-prone coastlines, plethora of HOAs and unique retirement communities. Depending on your circumstances, traditional home, auto or business-related insurances may not be enough to cover your distinctive needs. This is where "surplus lines" insurance comes in.
Insurance Journal
NOVEMBER 19, 2024
A U.S. Senate Judiciary subcommittee overseeing technology issues will hold a hearing Tuesday on Chinese hacking incidents, including a recent incident involving American telecom companies.
Property Insurance Coverage Law
NOVEMBER 15, 2024
You really cannot make this stuff up. Progressive Insurance Company, one of America’s largest auto insurers, is alleged to have created a scheme that would make ambulance chasers blush – directly feeding accident victim information to a law firm for solicitation. The Bizarre Facts Picture this: You get into a minor fender bender, dutifully report … The post Progressive and K&P’s Alleged Insurance Scheme: When Reality is Stranger Than Fiction appeared first on Property Ins
Splash: Finance and Insurance
NOVEMBER 18, 2024
The New York Shipping Exchange (NYSHEX) has received investment from Intercontinental Exchange (ICE) and will proceed with plans to launch its own series of container freight indices next year.
LexisNexis
NOVEMBER 18, 2024
By Madison Johnson, Esq. | Manager, Large Markets Consumers were introduced to the generative artificial intelligence (Gen AI) revolution two years ago with the launch of ChatGPT, then the category of Legal AI — Gen AI solutions trained specifically for the legal profession — was born with the rollout of Lexis+ AI in October 2023. Just one year later, more than half of Am Law 200 law firms (53%) have already purchased Legal AI tools, according to a LexisNexis survey , and this rapid adoption sho
Insurance Marine News
NOVEMBER 19, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Ship off Yemen reports missile landing nearby appeared first on Insurance Marine News.
Insurance Journal
NOVEMBER 18, 2024
A construction industry captive insurer along with three construction contractors have filed a lawsuit alleging a massive New York fraud scheme involving staged workplace accidents and bogus workers’ compensation and personal injury lawsuits backed by complicit lawyers and medical providers.
Property Insurance Coverage Law
NOVEMBER 14, 2024
Chip Merlin was talking to me about litigating the largest independent chicken egg loss claim ever in Texas. He told me that he spent hours looking at chickens, tens of thousands of them, and they all looked exactly the same. He said that they all came from the same hatchery with the same DNA to … The post Chicken and Cattle Claims: Why Public Adjusters Need to Master the Nuances of Agricultural Insurance appeared first on Property Insurance Coverage Law Blog.
Splash: Finance and Insurance
NOVEMBER 18, 2024
The city has plenty of core strengths when it comes to providing capital to shipping. The latest installment from our brand new magazine being distributed across Hong Kong Maritime Week.
LexisNexis
NOVEMBER 13, 2024
Aleman-Belloso v. Garland "Jose Ernesto Aleman-Belloso (“Aleman”), a native and citizen of El Salvador, petitions for review of a decision by the Board of Immigration Appeals (“BIA”) adopting and affirming an Immigration Judge’s (“IJ”) denial of his claims for asylum, withholding of removal, and relief under the Convention Against Torture (“CAT”).
Insurance Marine News
NOVEMBER 19, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post EU widens sanctions on Iranian shipping firms appeared first on Insurance Marine News.
Insurance Journal
NOVEMBER 17, 2024
T-Mobile US Inc.’s network was among those recently breached by Chinese hackers in an attack on multiple telecommunications companies. “T-Mobile is closely monitoring this industry-wide attack,” a company spokesperson said Saturday in an emailed statement.
Property Insurance Coverage Law
NOVEMBER 13, 2024
Yesterday, I submitted comments to Florida’s Department of Financial Services regarding Emergency Rule 69BER24-4. 1 The overwhelming response from insurance professionals, public adjusters, and attorneys shows how this rule impacts the entire claims-handling community. The emergency rule, while well-intentioned in promoting transparency, creates several practical challenges that could harm Florida policyholders.
Splash: Finance and Insurance
NOVEMBER 18, 2024
Fast-expanding offshore wind vessels pureplay Cyan Renewables has secured backing from Australia’s TCorp. The funding arm of Australia’s most populous state, New South Wales, said it had acquired an interest in Cyan with an initial investment of over $100m, with plans for further cash injections to support the Singapore-based company’s growth.
ProWriters
NOVEMBER 18, 2024
As 2024 unfolds, the Directors and Officers (D&O) Insurance market is hitting yet another turning point. After several years of dramatic rate fluctuations, insurers, brokers, and businesses are bracing for what could be a defining year for D&O premiums. With rising litigation risks, emerging industries, and a more competitive marketplace, the question remains: Will the soft market continue, or are we in for another shake-up?
Insurance Marine News
NOVEMBER 19, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Galaxy Leader – one whole year in captivity appeared first on Insurance Marine News.
Insurance Journal
NOVEMBER 17, 2024
A U.S. labor board whose enforcement powers are being challenged in a series of lawsuits is set to defend itself from attacks by Amazon.com and Elon Musk’s SpaceX in a conservative U.S.
Leadsurance
NOVEMBER 19, 2024
How to Reduce Home Insurance Premiums without Compromising on Coverage Home insurance is many people’s key protector; it provides one with the needed cover once loss or damage occurs. For most people, it does not come rather cheaply. The good news is that one can reduce home insurance premiums without necessarily sacrificing the cover that you get.
Boyle Agency Insurance
NOVEMBER 19, 2024
Various Types of Life Insurance Life Insurance for NJ individuals and families can be available in various forms. A good option for homeowners with a mortgage is Term Life Insurance in the form of Mortgage Protection Insurance. This kind of Term Life Insurance helps protect your home if you suffer a financial hardship. This may be due to a death in the family, a serious injury or illness, or a temporary loss of income.
PSM Brokerage
NOVEMBER 19, 2024
Helpful Resources to Help Grow Your Insurance Practice As an insurance agent, navigating the complexities of the industry can feel overwhelming at times. Between staying compliant, generating leads, marketing effectively, and closing sales, it can seem like you’re wearing all the hats in your business. That’s where having a trusted partner makes all the difference.
Insurance Marine News
NOVEMBER 19, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Guidelines to develop and implement a safety management system for alternative fuels on board ships appeared first on Insurance Marine News.
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