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Modern Cars Are Surveillance Devices on Wheels With Major Privacy Risks: Report

Insurance Journal

New research reveals serious privacy flaws in the data practices of new internet connected cars in Australia. It’s yet another reason why we need urgent reform of privacy laws. Modern cars are increasingly equipped with internet-enabled features.

Risk 306
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When Do Insurance Company Lobbyists and Trade Association Supporters Lie About Insurance Fraud Statistics? Every Time They Say or Write Anything

Property Insurance Coverage Law

Professor Jay Feinman, Co-Director of the Center for Risk and Responsibility, has prepared an analysis of the $308.6 billion figure that concludes it is pure misinformation. 1 The methodology used to arrive at fraud figures given to the media and cited publicly to government authorities by these propagandists is unsound. For example, the Coalition Against … The post When Do Insurance Company Lobbyists and Trade Association Supporters Lie About Insurance Fraud Statistics?

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Proof of Loss Requirements: A 222-Year-Old Case Still Relevant for Modern Insurance Claims

Property Insurance Coverage Law

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

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Blog Post: New Legal AI Ignited: LexisNexis Protégé agent for Microsoft 365 Copilot

LexisNexis

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.

Agents 111
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The Future of Insurance Telemarketing: Trends and Innovations to Watch

Neilson Marketing Services

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 105
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Starting An Independent Insurance Agency With No Experience | EverQuote

EverQuote

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.

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A Frank Discussion About Florida’s Insurance Crisis, Including Admissions About Why Current Claims Statistics Do Not Indicate the Sky Is Falling

Property Insurance Coverage Law

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

Claim 157
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This Black Friday and Cyber Monday, Protect Yourself and Your Business from Cyber Threats

Cowbell

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.

Cyber 81
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Part 2 of 3: Overcoming Return-to-Work Challenges in Union Environments

AMAXX

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.

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Emergency home repairs: solutions for 6 unexpected issues.

Frankenmuth Insurance

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.

Damage 86
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Massachusetts Police Charge Man With Intentionally Setting Brush Fires

Insurance Journal

A man was arrested on suspicion of intentionally setting brush fires in Massachusetts during a time of dry conditions that have led to blazes throughout the Northeast, police said Monday.

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CDB Leasing offloads kamsarmax trio at auction

Splash: Finance and Insurance

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.

Broker 69
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What is a "Surplus Lines" Insurance Carrier and Do I Need One?

Wren Insurance Agency

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.

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Blog Post: Checklist of What Law Firms Should Demand in a Complete Legal AI Solution

LexisNexis

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

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Homeowners Insurance Does Not Cover Cryptocurrency Theft, 4th Circuit Affirms

Insurance Journal

By Andrew Simpson A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the loss of a digital currency does not involve a “direct physical loss” as required by the policy.

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Appraisal Whiplash: Court Rules You Can’t Back Out Once You’re In

Property Insurance Coverage Law

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.

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Hong Kong’s role in global ship finance

Splash: Finance and Insurance

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.

Insured 65
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CyXcel Executive Interview with Dr. Megha Kumar and Jack Horlock

Zywave

Digital threats are evolving by the hour. In order for organizations to thrive, they need to focus on resilience. In this exclusive CyXcel executive interview, two leading experts in the field, Dr. Megha Kumar, Partner, Chief Product Officer, and Head of Geopolitical Risk, and Jack Horlock, Principal Associate, share their invaluable insights into the future of cyber risk.

Cyber 52
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Blog Post: Massive CA9 Nexus Win: Aleman-Belloso v. Garland

LexisNexis

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”).

Claim 81
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Biden Requests $98.6 Billion in Emergency Disaster Aid Funds

Insurance Journal

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.

Damage 261
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Progressive and K&P’s Alleged Insurance Scheme: When Reality is Stranger Than Fiction

Property Insurance Coverage Law

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

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New York Shipping Exchange to launch container indices next year

Splash: Finance and Insurance

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.

Insurer 62
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Why Lightspeed Voice is the Ultimate VoIP Solution for Insurance Agencies

Agency Intelligence

In today’s fast-paced, service-driven world, insurance agencies know that efficient communication is essential for success. Having a reliable, high-quality, and fully integrated VoIP system is no longer just an option; it’s a must-have for any agency aiming to grow its client base and deliver exceptional customer service.

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Blog Post: LexisNexis® CounselLink+™ Wins "Contract Lifecycle Management Platform of the Year" in 2024 LegalTech Breakthrough Awards Program

LexisNexis

LexisNexis® CounselLink+™ has been honored with the prestigious title of "Contract Lifecycle Management Platform of the Year" in the 2024 LegalTech Breakthrough Awards. This recognition highlights our commitment to driving innovation and excellence in the global legal industry. Revolutionizing Contract Lifecycle Management CounselLink+ represents the next generation of contract lifecycle management, seamlessly integrating our Enterprise Legal Management (ELM) and Contract Lifecycl

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Judge Weighs ‘Real Housewives of New York’ Cast Member’s Abuse Allegations

Insurance Journal

The lawyer for a former cast member of the “Real Housewives of New York” told a federal judge Thursday that the First Amendment cannot shield the show’s creators from a lawsuit alleging that the show’s participants were subjected to a …

Liability 224
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Does Credit Score Affect Home Insurance? A Closer Look

TGS

TGS Insurance » Blog Does Credit Score Affect Home Insurance? A Closer Look If you’ve ever applied for home insurance and wondered why your credit score comes into play, you’re not alone. It’s one of those questions that might catch you off guard—after all, what does borrowing history have to do with insuring your home? Turns out, quite a bit. Let’s explore how and why your credit score affects your home insurance , what insurers are really looking at, and what you can do to keep your premiums m

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Australia’s TCorp invests in Cyan Renewables 

Splash: Finance and Insurance

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.

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Strategy for Success: Navigating 2025 Market Trends

Zywave

2024 is rapidly coming to an end, and that means it’s time to get ready for 2025. If you want to unlock more success in the new year, then you need to understand 2025 market trends and have a solid plan in place. Get the insights you need to be a competitive player in the market and set yourself up for your best year. What are the Developments and Trends to Watch in 2025?

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Iran calls new sanctions against it “unjustified” and breach of international law

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Iran calls new sanctions against it “unjustified” and breach of international law appeared first on Insurance Marine News.

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More Logging Proposed to Help Curb Wildfires in Pacific Northwest

Insurance Journal

U.S. officials would allow increased logging on federal lands across the Pacific Northwest in the name of fighting wildfires and boosting rural economies under proposed changes to a sweeping forest management plan that’s been in place for three decades.

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Blog Post: California: How to File a Recon of an Appeals Board Decision So It Doesn’t Get Lost in Space

LexisNexis

By Hon. Colleen Casey, Former Commissioner, California Workers’ Compensation Appeals Board It’s a problem. Petitions for Reconsideration (Recon) are losing their way and delaying their arrival at the Appeals Board. When the WCAB Commissioners fail to review a Recon within the 60-day time limit imposed by Lab. Code § 5909 , the Recon is automatically denied, regardless of the validity of their arguments.

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What’s Next for D&O Insurance as 2024 Comes to a Close?

ProWriters

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?

Premium 52
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Tips for Lowering Your Home Insurance Premiums Without Sacrificing Coverage

Leadsurance

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.

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Nigerian pirate charged with previous piracy offence

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Nigerian pirate charged with previous piracy offence appeared first on Insurance Marine News.

Marine 52