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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.

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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.

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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.

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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.

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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

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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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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.

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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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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.

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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.

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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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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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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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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.

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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”).

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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.

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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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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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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.

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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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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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California Labor Commissioner Fines Hotel $10M for Worker Recall Law Violations

Insurance Journal

The Marriott Marquis San Diego Marina was fined $9.4 million by the California Labor Commissioner’s Office for violating the state’s worker recall law. The penalty is for the hotel’s reported failure to rehire 15 employees laid off during the pandemic.

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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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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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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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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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Accused of Going Too Far, UK Finance Regulator Plots Where to Go Next

Insurance Journal

The UK’s top financial regulator has spent much of its eleven-year history in combat with the industry it oversees, a tone set by its first chief executive Martin Wheatley, whose zeal for fining banks got him ousted in 2015.

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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?

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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.

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PROTECT YOUR MORTGAGE WITH NJ TERM LIFE INSURANCE

Boyle Agency Insurance

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.