Insurance Journal
JANUARY 2, 2025
LULING, La. (AP) The crew of a tugboat was quickly rescued when their vessel sank into the Mississippi River following a collision with a tanker ship in Louisiana. The U.S.
Property Insurance Coverage Law
DECEMBER 31, 2024
The University of Colorado Boulder has published two new research papers examining the air quality inside homes that survived the 2021 Marshall Fire, Colorado’s most destructive wildfire, and its impact on residents’ health. These studies are among the first to investigate air quality within smoke and ash-damaged homes and assess the health effects on occupants. … The post The Hidden Health Risks in Fire-Surviving Structures appeared first on Property Insurance Coverage Law Blo
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Insurance Journal
DECEMBER 27, 2024
New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday.
Property Insurance Coverage Law
DECEMBER 27, 2024
Allen Laman wrote an article for Carrier Management, which was re-published in part in the Claims Journal, Claims Satisfaction Leaders Reveal Secrets to Success.One point of the article came as no surprise, with AMICA claiming top scores in a survey of claims customer satisfaction: Amica Mutual Insurance ranked highest in overall auto claims customer satisfaction … The post Amica Finishes Number One in Claims Customer SatisfactionLessons For Adjusters About the Role of Empathy In an AI Cla
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The Insurance Pro
DECEMBER 29, 2024
Key Things to Know Whole life insurance dividend options provide policyholders with flexibility and versatility. The four original options are: receiving dividends in cash, using dividends to reduce or pay premiums, purchasing paid-up additions, and accumulating dividends at interest. Each option has its own tax implications and considerations, such as potential taxable income, impact on.
Splash: Finance and Insurance
JANUARY 1, 2025
Greek dry bulk owner Globus Maritime has struck a sale and leaseback deal for one of its recently delivered vessels. The Nasdaq-listed company said it had sold its ultramax Glbs Magic to a Japanese buyer for $25m in December and chartered the 2024-built bulker back for 10 years.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
DECEMBER 26, 2024
Insurance trade organizations are always working for the industry so Insurance Journal asked them: What are the top priorities and/or challenges heading into 2025? Here are the responses we received: David A.
The Insurance Pro
DECEMBER 27, 2024
Thepaid up additions feature of a whole life insurance policy is one of the most powerful components with respect to cash value accumulation. Most whole life products have a paid up additions (PUA) feature, but they can all work a little differently so it's important to note that one company's approach could vary substantially from. Keep Reading The post Paid Up Additions: The Magic of Cash Value Life Insurance appeared first on The Insurance Pro Blog.
Frankenmuth Insurance
DECEMBER 26, 2024
Knowing when to hire a contractor can make a big difference in the outcome of your home project. While some tasks can be done by yourself for less time or money, others require the expertise and credentials of someone who does them for a living. Have home projects on the horizon ? See six instances when we suggest hiring a contractor. When youre starting a large-scale renovation.
LexisNexis
DECEMBER 30, 2024
OFLC, Dec. 30, 2024 "The Office of Foreign Labor Certification (OFLC) reminds employers and other interested stakeholders that the filing window to submit an H-2B Application for Temporary Employment Certification (Form ETA-9142B and appendices) requesting work start dates of April 1, 2025, or later, will open on January 1, 2025, at 12:00 a.m. Eastern Time.
Insurance Journal
DECEMBER 30, 2024
California Insurance Commissioner Ricardo Lara on Monday announced what he is calling the final step in his efforts to help the state’s ailing homeowners insurance market with the Net Cost of Reinsurance in Ratemaking Regulation, which enables reinsurance as a …
Property Insurance Coverage Law
DECEMBER 30, 2024
Insurance policyholders do not read the insurance policies that are sold to them. The insurance contracts are not even provided to the policyholder until after the product is purchased. The vast majority of policyholders rely upon and trust their licensed insurance agents to provide them the best coverage at the best affordable price without having … The post The Majority of Insurance Agents Do Not Read the Policies They SellMany Professionals in the Insurance Service Sector Fail to Read t
PSM Brokerage
JANUARY 2, 2025
ACA Commissions for 2025 Lets delve into the essential details you need to understand about ACA commissions in 2025. How Commissions Are Structured Per Member Per Month (PMPM): Agents earn a flat rate for each member enrolled, paid monthly as long as the policy remains active. This is the most common structure. Per Contract Per Month (PCPM): Similar to PMPM but based on the entire contract rather than individual members.
The Insurance Marketer
JANUARY 2, 2025
Imagine this: a potential client visits your website, clicks around, maybe even checks out your insurance offerings, but then they leave without signing up. Most agents might think, “Well, that.
Elmore
JANUARY 2, 2025
Decrease follows two years of bumper profits for providers The post Reinsurance costs fall as sector deploys record capital appeared first on Elmore Insurance Brokers.
Insurance Journal
DECEMBER 31, 2024
The U.S. District Court for the Eastern District of Missouri entered an order on Dec.
Property Insurance Coverage Law
DECEMBER 26, 2024
My daughter Austin recently graduated from Stetson Law School.She did so with Honors and even achieved four book awards, representing the highest grade in a class.I may not have had four As during law school, much less any hope of a coveted book award.Austin also had the extra blessing of being a mom and giving … The post Austin Merlin Myers Is a Contender appeared first on Property Insurance Coverage Law Blog.
LeverageRx
JANUARY 2, 2025
MAG Mutual Insurance Company (MagMutual for short) provides medical professional liability insurance to physicians and hospitals.
New Jersey Workers' Comp
JANUARY 2, 2025
Since Governor Murphy signed Covid legislation several years ago, there has been debate about the legal significance of having a Covid presumption. Some practitioners thought that if the Judge of Compensation should find before trial that the claimant is an essential employee, that means the employee has won the case and then moves on to the issue of permanency.
LexisNexis
JANUARY 2, 2025
The digitization of everything in corporate legal departments, and now with the advent of AI, means that the law department and outside counsel need to utilize legal e-billing software to streamline their financial operations. LEDES (Legal Electronic Data Exchange Standard) is at the forefront of this transformation. While there are still many PDFs in use for invoice submission and in legal e-billing software, the LEDES format is taking precedence.
Insurance Journal
DECEMBER 29, 2024
The deadliest air accident ever in South Korea killed 179 people on Sunday, when an airliner belly-landed and skidded off the end of the runway, erupting in a fireball as it slammed into a wall at Muan International Airport.
Property Insurance Coverage Law
JANUARY 2, 2025
Public adjusters and policyholders must remain vigilant and precise when dealing with federal flood insurance claims under the National Flood Insurance Program (NFIP). A recent decision in Blocdahl Leasing, LLC v. American Strategic Insurance Corporation 1 highlights a crucial pitfall: Failure to submit a signed proof of loss can completely bar a claim for additional … The post Federal Flood Insurance: Strict Compliance with Proof of Loss Requirements is Essential appeared first on Propert
Insurance Marine News
JANUARY 1, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Two bulk carriers collide on Chinas Changjiang River: fuel oil spilled appeared first on Insurance Marine News.
Elmore
JANUARY 1, 2025
If drivers are no longer responsible for accidents, will liability shift to manufacturers? The post Insurers will not find it easy to share the road with self-driving cars appeared first on Elmore Insurance Brokers.
Boyle Agency Insurance
DECEMBER 31, 2024
Great Protection – Fair Price Bogle Agency Insurance of Lyndhurst NJ offers Chubb Masterpiece Homeowners Insurance to NJ homeowners. We serve homeowners in Bergen County, Morris County and surrounding NJ counties. Chubb is a top American insurance carrier that offers a quality product to NJ homeowners to protect their most valuable asset, their home.
Insurance Journal
DECEMBER 29, 2024
Claims professionals need to adapt to the AI evolution at a fast pace as the same technologies used to fight claims fraud are also being used to perpetuate it, according to experts.
Property Insurance Coverage Law
JANUARY 1, 2025
This New Year has me thinking about a post I wrote twelve years ago, Oh the Places You Will GoEspecially in the Insurance Claim Industry. I made the following remark, which, for me, is still true today: The insurance claim industry is especially fun if you enjoy travel and meeting interesting people. Losses and catastrophes … The post Happy New Year 2025!
Insurance Marine News
JANUARY 1, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 2nd January 2024 appeared first on Insurance Marine News.
Elmore
JANUARY 1, 2025
From money-saving work perks to investments and tax planning, resolve to get your finances in shape this new year The post Ten things to tick off your financial to-do list in 2025 appeared first on Elmore Insurance Brokers.
Rough Notes
DECEMBER 31, 2024
Advocate for a more balanced approach that values both structure and contents By Steve Gibson In recent months, several significant natural disasters, notably hurricanes and wildfires, have impacted various regions of the United States.
Insurance Journal
DECEMBER 31, 2024
An employee who was injured when rescuing chocolate candies from the heat in his employer-owned delivery truck is not due workers’ compensation benefits.
Property Insurance Coverage Law
DECEMBER 29, 2024
I mentioned the late Doug Houser recently inIce Damming Case Denied or Not Fully Paid? Eyewitness Accounts Tip the Scales in Ice Damming Insurance Dispute.The Bullivant Houser law firm quoted Doug about a case he lost, and his insurer client later re-wrote the insurance policy so it would not pay for a claim under similar … The post Insurance Policies Are Adhesion Contracts and Not Bargained For appeared first on Property Insurance Coverage Law Blog.
Insurance Marine News
JANUARY 1, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Mystery surrounds collision off Greek island appeared first on Insurance Marine News.
LexisNexis
DECEMBER 31, 2024
In-house legal departments face increasing workloads and complexity. Choosing the best law office software solutions is crucial for maintaining productivity and ensuring compliance. In this blog post, we look at various insights for legal operations professionals to select the best law office software to optimize their technology stack. Understanding the Law Office Software Landscape Modern legal departments rely on various types of software to manage their operations.
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