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Why You Must Bring More Than Invoices: What Public Adjusters and Policyholders Must Learn About Proof of Damages

Property Insurance Coverage Law

In a recent decision that should raise red flags for public adjusters and policyholders, a federal judge granted summary judgment in favor of Indian Harbor Insurance Company. 1 The ruling is a lesson that when it comes to insurance claims and litigation, it is not enough to argue about fairness or merely present repair invoices. … The post Why You Must Bring More Than Invoices: What Public Adjusters and Policyholders Must Learn About Proof of Damages appeared first on Property Insurance Co

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New Mexico Utilities Tell Residents to Prepare for Outages When Fire Risk is High

Insurance Journal

Electric providers in New Mexico told the state’s utility regulator at citizens at a hearing on Thursday in Santa Fe that residents should be prepared to potentially lose power when high winds and dry conditions raise wildfire risk in their …

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The Hidden Costs of a Bad Hire: Why Employers Can’t Afford to Ignore Hiring Risks

AMAXX

Hiring new employees is often viewed as a fast-paced race to fill open roles. Production deadlines are looming, teams are understaffed, and the pressure to get someone in the door often outweighs the discipline of a thorough vetting process. But when it comes to the workers compensation system, a rushed or poorly evaluated hire can be far more costly than leaving a role vacant for a few extra weeks.

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Can You Still Get Homeowners Insurance if You Have a Bad Roof?

McMahon Insurance Agency

If you're worried it will hurt your chances, these tips on how to get homeowners insurance with a bad roof will help you determine the costs and risks.

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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Port operations in Bandar Abbas still badly affected

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Port operations in Bandar Abbas still badly affected appeared first on Insurance Marine News.

Marine 101

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Abu Dhabi’s IHC, BlackRock Start $1 Billion Reinsurance Firm

Insurance Journal

International Holding Co., Abu Dhabi’s largest listed company that’s overseen by a key member of the emirate’s royal family, is setting up a $1 billion reinsurance venture with BlackRock Inc.

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From Integrity Tests to Physical Exams: A 6-Step Hiring System to Reduce Workers’ Comp Claims

AMAXX

Hiring is more than finding the right resume or filling a seatits the first and most important line of defense in preventing workplace injuries and reducing workers comp costs. Employers struggling with first-year injuries, high turnover, or repeat claims often have something in common: a reactive hiring process. Theyre moving fast, skipping steps, and taking on avoidable risk.

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Doubling Down on Insurance Marketing: Build Your Brand When Others Pull Back

Neilson Marketing Services

When budgets tighten, marketing is sometimes one of the first things on the chopping block. It feels logical cut the non-essentials to save money. If youre in insurance, however, and youre thinking about pulling back on your insurance marketing , think again. Now is exactly the time when you need to lean in. People are re-evaluating everything: what they spend, how they protect their families, and which businesses they trust including their insurance providers.

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NGO claims that Malta will not let drone-hit vessel into port

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post NGO claims that Malta will not let drone-hit vessel into port appeared first on Insurance Marine News.

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Take the Hassle Out of Claims Management

Insurance professionals use Trellis to streamline claims management by analyzing legal trends, predicting outcomes, and strategizing effectively to serve clients better. Adjusters can evaluate claim validity, estimate settlement amounts, and identify potential litigation risks. Trellis' extensive State Trial Court Data can be leveraged to identify opposing/outside counsel and top mediators for insurance matters, evaluate the risk of new claims by viewing similar claim litigation history, and mor

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The Role of the Examination Under Oath and Procedural Compliance with Insurer Demands

Property Insurance Coverage Law

I will deliver a presentation at the Annual Meeting of the National Association of Public Insurance Adjusters (NAPIA) next month, focusing on two cornerstones of property insurance claims: proofs of loss and examinations under oath. Its a topic I first addressed for NAPIA exactly forty years ago. This years session will be something of an … The post The Role of the Examination Under Oath and Procedural Compliance with Insurer Demands appeared first on Property Insurance Coverage Law Blog.

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Patriot Growth Partners With Texas’ Ladd Gardner Aviation Insurance

Insurance Journal

Patriot Growth Insurance Services announce its partnership with Ladd Gardner Aviation Insurance (LGA), an aviation insurance agency based in Addison, Texas.

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From First-Day to Fully Trained: The Overlooked Power of Onboarding in Injury Prevention

AMAXX

Most companies understand onboarding as a box to checkhand the employee manual to a new hire, give them a tour, and hope they learn quickly by doing. But whats often missed is that onboarding is one of the most critical safety tools in a companys injury prevention strategy. Injury rates dont spike after years on the jobthey surge within the first few days and weeks of employment.

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Why We’re Still Talking About the J&J Class Action ERISA Lawsuit

R&R Insurance

Earlier this year, a U.S. District Court dismissed a class-action lawsuit filed against Johnson & Johnson (J&J), which alleged that the company breached its fiduciary duties under the Employee Retirement Income Security Act (ERISA). So, it must have been a nothingburger and theres no sense to talk about it anymore, right? Wrong! Why? It was thrown out on a legal technicality.

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ONE factors global uncertainty into FY2025 forecast

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post ONE factors global uncertainty into FY2025 forecast appeared first on Insurance Marine News.

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Prove the Loss Happened During the Policy Period

Property Insurance Coverage Law

A recent federal court ruling out of Georgia highlights a basic principle that policyholders and public adjusters must never overlook. The property insurance only covers losses that occur during the policy period. Except in a few states, under rare circumstances, the date of discovery is not deemed the date of loss. In Jaraysi v. The … The post Prove the Loss Happened During the Policy Period appeared first on Property Insurance Coverage Law Blog.

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Spain Discloses New Power Grid Failure on Day of the Blackout

Insurance Journal

Spain’s high-voltage electricity grid suffered more power generation disruptions than previously known ahead of the country’s largest ever blackout, the government said.

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Blog Post: Anything But Artificial: 3 Ways That LexisNexis is Advancing the Rule of Law Around the World with Legal AI

LexisNexis

By: Sean Fitzpatrick We are witnessing a profound transformation in the legal industryone driven by the rapid evolution of artificial intelligence. At LexisNexis, we believe this technology has the power to unlock justice, elevate legal practice, and improve lives in ways we couldnt have imagined just a few years ago. (Please visit the site to view this video) At LexisNexis, our mission is to advance the rule of law by providing widespread access to legal information and tools.

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Are your pets insured?

Shield Insurance Agency

Today, May 8th, is National Animal Disaster Preparedness Day, as recognized by the Federal Emergency Management Agency. This day serves as an important reminder to consider the safety and well-being of our beloved pets during emergencies. In any disaster situation, our animals depend entirely on us, making it essential that our emergency plans include them.

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Venezuela loses 20% of oil exports after Chevron shipments are cancelled

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Venezuela loses 20% of oil exports after Chevron shipments are cancelled appeared first on Insurance Marine News.

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California Wildfires, Toxic Residue, and the Legal Duty Insurers Can’t Ignore

Property Insurance Coverage Law

I was in attendance at a conference in Denver yesterday when an expert toxicologist suggested that there is evidence of many insurance company wildfire testing companies looking for smoke and toxic residue in all the wrong places. It reminded me of a conference I was at last week in California, where a claims expert warned … The post California Wildfires, Toxic Residue, and the Legal Duty Insurers Cant Ignore appeared first on Property Insurance Coverage Law Blog.

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Auto Insurance Market Stays Rational Despite Improved Trends, Says Allstate

Insurance Journal

Allstate Corp. CEO Tom Wilson said he does not expect auto insurers to get more aggressive on pricing as the industry’s increases seem to have leveled off.

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What to Check Before Letting Your Teen Drive the Family Car

Mark Jackson Insurance Agency

Teen driver in a car by Jeshoots Handing over the keys to your teenager is a big moment—for them and for you. While it marks a new level of independence, it also comes with serious responsibilities, including making sure your insurance coverage is ready for this milestone. Before your teen hits the road, here are a few important things to review to help protect your family, your finances, and your peace of mind.

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Blog Post: Will Other States Follow Arkansas in Allowing Parents to Sue Social Media Companies?

LexisNexis

On April 21 Arkansas Gov. Sarah Huckabee Sanders (R) signed into law a bill giving parents the right to sue social media companies for harms caused by their content. The measure, SB 612 , establishes a private right of action for parents to sue social media companies that knowingly or willfully contribute to harmful behaviors by minors through the content they publish.

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Gard says limits on phone usage are needed for seafarers’ safety

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Gard says limits on phone usage are needed for seafarers safety appeared first on Insurance Marine News.

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How to Change Home Insurance with Escrow: A Step-by-Step Guide

TGS

TGS Insurance Blog Sajeduil- stock.adobe.com Changing your home insurance when your mortgage includes an escrow account can seem daunting, but it doesnt have to be. At TGS Insurance, were here to simplify the process for you. This guide will walk you through how to change home insurance with escrow, ensuring a smooth transition without disrupting your mortgage payments.

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Clearwater Condo Building Evacuated After Support Beam Splits

Insurance Journal

Local authorities Tuesday evening ordered the evacuation of a condominium building in Clearwater, Florida, after cracks developed in a concrete support beam in the parking garage.

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How Owner’s Title Insurance Works in Australia

Top Insurance Blogs

As a licensed insurance agent with over a decade of experience in the property insurance sector in Australia, I’ve witnessed firsthand the peace of mind that owner’s title insurance provides to homeowners. While not mandatory, this specialized insurance can be a crucial safeguard against unforeseen legal and financial complications arising from property ownership.

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Blog Post: Why A Contract Playbook Is A Good CLM Tool

LexisNexis

Before we dive into the what and why of contract playbooks in the legal department, its important to explore contract lifecycle management , what that is, and why it is important to the legal team in a corporate enterprise environment. What Is Contract Lifecycle Management In the legal department, contract lifecycle management software integrates with enterprise legal management software.

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Major HazMat violations uncovered at Port of New York / New Jersey

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Major HazMat violations uncovered at Port of New York / New Jersey appeared first on Insurance Marine News.

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The Rise of Risk Resiliency and Climate Tech

Majesco

The 2003 sci-fi classic, Terminator 3: Rise of the Machines starring Arnold Schwarzenegger, had Arnold as an older reprogrammed machine saving humankind from a malevolent AI neural network group mind and intelligent system machine. To succeed, the machine and humankind had to change and rethink how they would challenge these new dangers. While humankind is not being challenged by machines, we are challenged with the changing risk, in particular climate risk.

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Britain to Face More Cyberattacks as AI Adoption Grows, Minister Says

Insurance Journal

The growth of AI will increase the number and sophistication of cyberattacks on Britain, senior minister Pat McFadden said on Wednesday.

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Best Practices Regarding Referral Fees

PSM Brokerage

As an insurance agent, referrals are one of the most powerful tools for growing your book of businessbut they come with strict compliance rules. This quick guide breaks down what you can and cannot do when it comes to referral fees, so you can grow your network without putting your license at risk. What Is a Referral Fee? A referral fee is any kind of compensationcash, gifts, or anything of valuegiven to an individual or entity for referring potential clients.

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