Insurance Journal
MARCH 11, 2025
The Girl Scouts have been sued by consumers over the alleged presence of “heavy metals” and pesticides in its popular Thin Mints and other cookies.
Property Insurance Coverage Law
MARCH 10, 2025
Fraud allegations in insurance disputes are serious business. When an insurer claims a policyholder intentionally misrepresented facts, its essentially saying, “You lied, and we dont have to pay.” After insurers make that argument, they often state, If we are wrong about the fraud arguments, the most we owe is actual cash value because you did … The post Insurers Fraud and Valuation Arguments Fall Flat: Court Sends Key Issues to the Jury appeared first on Property Insurance Cov
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Insurance Journal
MARCH 7, 2025
Twenty-five victims of the Palisades Fire victims filed an inverse condemnation lawsuit in the Los Angeles Superior Court against the City of Los Angeles and the Los Angeles Department of Water and Power, alleging the entities failed to maintain an …
Solstice Insurance Broker
MARCH 12, 2025
Nurturing your current prospects and clients is key to the success of your business. It's also important to spend time and energy reconnecting with past contacts and prospects that have become stale.
Advertiser: Trellis
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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Insurance Marine News
MARCH 11, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Risk of collision with offshore installations from attendant vessels appeared first on Insurance Marine News.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
MARCH 7, 2025
James G. Walker of Washington, D.C. was found guilty on two counts of second-degree murder, and 27 criminal building code violations, for the deaths of two tenants who were unable to exit when his building erupted in flames.
Property Insurance Coverage Law
MARCH 6, 2025
The concept of vexatious refusal to pay is a critical safeguard for Missouri policyholders. It ensures that insurance companies fulfill their obligations promptly and fairly. The case ofAcademy Bank NA v.AmGuardInsurance Company 1 provides a compelling example of how Missouri courts handle bad faith and vexatious refusalclaims, not just forresidential and commercial property owners butalsoforbanks … The post Bad Faith and Vexatious Refusal in Missouri appeared first on Property Insurance C
LexisNexis
MARCH 6, 2025
One of the most frequent questions, What is agentic AI, provides an opportunity to explore advancement in artificial intelligence. How better to do that than with the assistance of a generative AI Large Language Model (LLM) that did a fantastic job providing the framework for this blog post? The information below looks at the evolution of generative, extractive and agentic AI; its impact on various industries; how agentic AI provides the foundation for personal assistants in the workplace; a bit
Insurance Marine News
MARCH 11, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Several vessels report GPS disruption in Strait of Hormuz, says UKMTO appeared first on Insurance Marine News.
Splash: Finance and Insurance
MARCH 10, 2025
Greeces Performance Shipping has secured financing for its third newbuilding in China through another sale and leaseback deal.
Insurance Journal
MARCH 9, 2025
Worker misclassification in Maryland is widespread, leaving thousands of workers without injury protection and depriving insurance companies of more than $58 million in workers’ compensation premiums each year, according to a report from a state task force.
Property Insurance Coverage Law
MARCH 11, 2025
All insurance policies include a section placing specific responsibilities and obligations on policyholders to act in a certain way before entitling them to policy benefits for what should be a covered loss. If policyholders ignore such obligations, insurance companies can try to delay payment or, in more extreme circumstances, even deny payment altogether for what … The post Avoid Claim Denials: Key Policyholder Duties After a Loss appeared first on Property Insurance Coverage Law Blog.
LexisNexis
MARCH 6, 2025
By Madison Johnson, Esq. | Manager, Large Markets In recent discussions , legal industry experts have highlighted the potential of agentic AI systems as a transformative force for law firms aiming to leverage cutting-edge technology for competitive gain. This perspective is gaining widespread recognition. The traditional image of a lawyer pouring over dusty tomes and case files is fading as AI-powered tools are becoming integral to legal practice, reported National Law Review in February 2025.
Insurance Marine News
MARCH 6, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Illegal environmental waste still slipping through Malaysian appeared first on Insurance Marine News.
Distinguished
MARCH 6, 2025
In Los Angeles, housing code violations present challenges that affect property safety, compliance, and insurance underwriting. We speak with Katie Vespia, President of Distinguisheds Real Estate program , to discuss common violations, associated fines, the resolution process, and how these issues impact insurance coverage. Can you outline some of the most common housing violations in Los Angeles?
Insurance Journal
MARCH 9, 2025
The history of insurance dates back as far as 2000 BCE, when merchants and traders developed basic risk-sharing agreements to protect against financial losses from unpredictable events.
Property Insurance Coverage Law
MARCH 6, 2025
The concept of vexatious refusal to pay is a critical safeguard for Missouri policyholders. It ensures that insurance companies fulfill their obligations promptly and fairly. The case ofAcademy Bank NA v.AmGuardInsurance Company 1 provides a compelling example of how Missouri courts handle bad faith and vexatious refusalclaims, not just forresidential and commercial property owners butalsoforbanks … The post Bad Faith and Vexatious Refusal in Missouri appeared first on Property Insurance C
AMAXX
MARCH 10, 2025
Mass layoffs or company closures can trigger a significant increase in workers’ compensation claimssome legitimate, others potentially unsubstantiated. Proper layoff planning isn’t just about handling employment transitions; it’s crucial for controlling claims costs and ensuring that resources are available to support genuinely injured workers.
Insurance Marine News
MARCH 10, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Argentina customs intensify ship inspections appeared first on Insurance Marine News.
Distinguished
MARCH 10, 2025
Museums require specialized protection against various risks. They are the custodians of priceless cultural, historical, and artistic treasures. While adding these items to a property or package policy might seem convenient, museums face unique exposures that such generalized policies often fail to address. A stand-alone Fine Art & Collectibles insurance policy is designed to provide museums with comprehensive coverage of the items and their vulnerabilities.
Insurance Journal
MARCH 9, 2025
By L.S. Howard Businesses are now required to implement robust workplace violence prevention plans in Californiaounder a new law that became effective in July 2024.
Property Insurance Coverage Law
MARCH 13, 2025
In a recent decision that offers crucial guidance to policyholders and public adjusters about how to interpret commercial insurance contracts, the Fourth Circuit Court of Appeals sided with the policyholder, highlighting a key lesson about insurance policy interpretation: When insurance language is ambiguous, courts will interpret any ambiguity in favor of the policyholder. 1 At … The post Clear Language Wins the Day: Court Rules Ambiguity Favors Policyholders appeared first on Property In
AMAXX
MARCH 10, 2025
In the first part of our series, we emphasized the importance of thoughtful layoff planning to mitigate the risk of increased workers’ compensation claims following a workforce reduction or facility closure. Continuing this essential discussion, we’ll explore additional strategies your company can implement to further safeguard your financial stability and support your employees through transitions. 1.
Insurance Marine News
MARCH 10, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Container ship crashes into products tanker at anchor of English east coast appeared first on Insurance Marine News.
Majesco
MARCH 13, 2025
Competing in todays marketplace requires a holistic view of advancement, including a complete grasp of internal and external risks. There are so many details! To grow the business, you need speed to market for new products, the ability to quickly make rate and product changes, and a flexible platform to adapt channels and experiences. At the same time, Operations needs to keep a steady eye on decreasing costs, improving productivity, and decreasing the total cost of technology ownership.
Property Insurance Coverage Law
MARCH 13, 2025
In a recent decision that offers crucial guidance to policyholders and public adjusters about how to interpret commercial insurance contracts, the Fourth Circuit Court of Appeals sided with the policyholder, highlighting a key lesson about insurance policy interpretation: When insurance language is ambiguous, courts will interpret any ambiguity in favor of the policyholder. 1 At … The post Clear Language Wins the Day: Court Rules Ambiguity Favors Policyholders appeared first on Property In
Triple-I: Homeowners Insurance
MARCH 13, 2025
Tariffs and threats of tariffs have been roiling financial markets since January. Property and casualty insurers are no less concerned, as the cost of repairing and replacing damaged property is a driver of claim costs and, ultimately, policyholder premiums. Triple-I Chief Economist and Data Scientist Dr. Michel Lonard recently sat down to explain the implications of tariffs and trade barriers for insurers and what economic considerations concern industry decisionmakers.
Insurance Marine News
MARCH 11, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Louise Nevill to move to Axa XL: report appeared first on Insurance Marine News.
Splash: Finance and Insurance
MARCH 13, 2025
Norwegian car carrier player Hegh Autoliners is taking ownership of one of its leased vessels. The Oslo-listed outfit has exercised a purchase option at Parcar Shipholding on the 2010-built Hegh Copenhagen. The deal worth $36.
Insurance Journal
MARCH 6, 2025
Two Arkansas independent agencies The River Company and Rogers Insurance announced their merger today, creating ANKR, one of the largest and most comprehensive insurance and payroll firms in the state.
Property Insurance Coverage Law
MARCH 10, 2025
Fraud allegations in insurance disputes are serious business. When an insurer claims a policyholder intentionally misrepresented facts, its essentially saying, “You lied, and we dont have to pay.” After insurers make that argument, they often state, If we are wrong about the fraud arguments, the most we owe is actual cash value because you did … The post Insurers Fraud and Valuation Arguments Fall Flat: Court Sends Key Issues to the Jury appeared first on Property Insurance Cov
LexisNexis
MARCH 13, 2025
A contract management system is a digital solution designed to streamline and automate the management of contracts. A contract lifecycle can take months to negotiate if the legal team executes a contract manually. A legal team can shorten the contract lifecycle with robust software incorporating extractive AI. An enterprise legal management platform provides the best contract management system because they are integrated.
Insurance Marine News
MARCH 11, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Captain of Solong is arrested over North Sea collision appeared first on Insurance Marine News.
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