Property Insurance Coverage Law

SEPTEMBER 24, 2024

In a significant move to protect policyholders, the Michigan Department of Insurance and Financial Services (DIFS) issued a groundbreaking bulletin that explicitly prohibits insurers from depreciating labor costs when calculating actual cash value (ACV) in homeowner insurance claims.

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Property Insurance Coverage Law

OCTOBER 23, 2024

While Jimmy Patronis and Governor DeSantis trumpet their latest emergency rule as consumer protection following the CBS 60 Minutes Expose noted in CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Altered Hurricane Damage Estimates by Claims Management, the reality reveals a different story.

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Insurance Journal

AUGUST 5, 2024

A collision between two tankers off Singapore in July raises questions over insurance claims, as one of the vessels previously shipped Iranian oil, potentially complicating payments due to Western sanctions, ship-trackers and industry sources say. What Happened? The Singapore-flagged Hafnia …

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Insurance Claim Claim Insured Insurance 267

AMAXX

MARCH 18, 2025

Many companies operate under an unwritten rule: accept every workers compensation claim, no questions asked. A well-managed workers compensation program should pay 100% of legitimate claimsand 0% of the claims that arent. Employees come to believe that every claim will be accepted, regardless of the circumstances.

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Workers Compensation Compensation Claim Workers Comp 71

Insurance Journal

AUGUST 1, 2024

The practice known as “drip pricing” violates consumer protection laws in the … The attorney general for Washington, D.C., sued StubHub on Wednesday, accusing the ticket resale platform of advertising deceptively low prices and then ramping up prices with extra fees.

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Property Insurance Centre

FEBRUARY 24, 2025

How a Liability Claim Can Ruin Your Business And How to Protect Yourself No matter how well you run your business, a single liability claim can have devastating consequences. The Financial Toll of a Liability Claim A lawsuit can lead to crippling legal expenses, compensation payouts, and increased insurance premiums.

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AMAXX

MARCH 4, 2025

Research has shown that fear of being fired is one of the top predictors of negative claim outcomes, including increased litigation rates and extended time off work. By understanding the role fear plays in workers compensation claims, employers can implement strategies to foster trust, improve outcomes, and reduce costs. Heres how: 1.

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Workers Compensation Compensation Claim Workers Comp 82

Insurance Journal

DECEMBER 23, 2024

and one of its financial technology partners allegedly opened expensive bank accounts for delivery drivers without their consent, a US consumer protection agency said on Monday. The Consumer Financial Protection Bureau sued Walmart and Branch Messenger Inc., claiming … Walmart Inc.

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Insurance Journal

OCTOBER 25, 2024

Alcohol-fueled company events could become a thing of the past, as UK employers consider new rules that place an onus on firms to protect workers from sexual harassment or risk hefty damages claims. Under a new law, companies will have …

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Insurance Journal

OCTOBER 8, 2024

Environmental Protection Agency got a settlement from Gardena, California-based U.S. over claims of illegal distribution or sale of unregistered and misbranded disinfectants and other pesticide products. Jaclean Inc. The sale and distribution of such products violates the Federal …

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AMAXX

MARCH 10, 2025

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. Enhance Claims Handling Capacity Prepare for an uptick in claims by adding staff who can handle the additional workload effectively.

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Workers Comp Claim Workers Compensation Injury 59

Property Insurance Coverage Law

OCTOBER 16, 2024

I was thinking about this while calling FAPIA Managing Director Nancy Dominguez to take down a wrong proof of loss form that some ignorant attorney had sent to a group as the proper NFIP proof of loss to be filed … The post Policyholders Beware of Whom You Hire Regarding Your National Flood Insurance Claim appeared first on Property Insurance (..)

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Policyholder Insurance Claim Claim Property Insurance 203

Insurance Journal

AUGUST 15, 2024

Johnson & Johnson was twice blocked in New Jersey from getting bankruptcy protection from one of its units to resolve billions of dollars in cancer claims tied to baby powder use. For its third try, the company is eyeing Texas, …

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Insurance Journal

JANUARY 13, 2025

Six people who were injured and the father of a man who was killed in the New Year’s truck attack filed a lawsuit Thursday against the City of New Orleans and two contractors, claiming they failed to protect revelers from …

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Distinguished

MARCH 20, 2025

And with rising property values, more frequent catastrophic weather events, and emerging risks like habitability claims, its never been more critical to help your clients navigate their insurance options. What Kinds of Claims Get Made in Apartment Buildings As a team, weve seen all kinds of claims related to apartment buildings.

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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. Accurate documentation provides critical evidence in validating claims and defending against those that may be unrelated to work.

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Workers Comp Claim Workers Compensation Injury 59

Insurance Journal

DECEMBER 17, 2024

Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the world by asking to see how they’re protected against oil spills and other high-cost claims. Nations including Denmark, Estonia, …

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Insurance Journal

JANUARY 22, 2025

A federal judge on Tuesday rejected Citigroup’s bid to dismiss a lawsuit by New York Attorney General Letitia James claiming it failed to protect customers from online scammers and refused to reimburse customers who were victimized. District Judge Paul …

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Insurance Journal

NOVEMBER 17, 2024

Environmental Protection Agency announced a settlement with a firm over claims of violations of hazardous waste regulations at the company’s facility in Irvine, California. Edwards Lifesciences LLC will pay a civil penalty of $250,000 and certify it is …

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Property Insurance Coverage Law

OCTOBER 11, 2024

The Florida Department of Financial Services (DFS) issued Emergency Rule 69BER24-4, which aims to address issues in the property insurance claims process. While the rule attempts to improve transparency and accountability, it raises several concerns and potential unintended consequences.

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AMAXX

MARCH 11, 2025

Effectively managing workers compensation requires careful oversight and proactive measures to identify and prevent fraudulent or exaggerated claims. Surveillance serves as a powerful tool in validating claims, protecting your organizations financial health, and ensuring resources are dedicated to genuinely injured employees.

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Workers Comp Claim Workers Compensation Injury 52

Insurance Journal

SEPTEMBER 17, 2024

Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned producers like Russian and Iran, an industry group said. The opaque nature of the ownership of those vessels makes it hard …

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American Agents Alliance

JANUARY 30, 2025

If the debris removal program is genuinely available at no cost to all Los Angeles County residents, it should not affect their insurance claims, said Commissioner Lara. The post Commissioner Lara moves to protect wildfire survivors from debris removal program insurance costs appeared first on American Agents Alliance.

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AMAXX

NOVEMBER 5, 2024

Successfully settling workers’ compensation (WC) claims can significantly reduce costs and streamline processes for employers and insurers. By adhering to a proven four-step process, organizations can consistently achieve better claim outcomes. One key trigger is the injured worker reaching medical stability.

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Workers Compensation Compensation Claim Workers Comp 105

Property Insurance Coverage Law

JANUARY 12, 2025

Merlin Law Group California attorney Dan Veroff, who was a former staff attorney for United Policyholders (UP), advised policyholders suffering from a California wildfire to attend events by United Policyholders in Theres a Wildfire Burning What Do I … The post California Fire Insurance Claim InformationUnited Policyholders to the Rescue!

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Insurance Journal

MARCH 27, 2025

And another subcommittee voted to repeal the auto insurance personal injury protection law … The Florida House subcommittee on insurance advanced two hotly debated bills Thursday, one supported by insurance agents but another that was opposed by agents and carriers alike.

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Insurance Marine News

DECEMBER 5, 2024

Join Us The post Is Houthi “protection money” claim real? You need to be logged in to view this content. Please Log In. Not a Member? appeared first on Insurance Marine News.

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Protection Claim Marine Insurance 52

Insurance Journal

JANUARY 3, 2025

Finland’s national power grid operator said on Thursday it had asked a Helsinki court to seize the Eagle S oil tanker in a bid to secure the company’s claim for damages related to the breakdown of the undersea Estlink 2 …

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Insurance Journal

NOVEMBER 7, 2024

The maker of Evian spring water, Danone, won the dismissal of a lawsuit on Tuesday accusing it of defrauding consumers with labels that claim the water is “natural” even though it contains microplastics that seep from the bottle. District …

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Shield Insurance Agency

AUGUST 20, 2024

Shield Insurance Blog | Small Insurance Claims | Contact Our Sales Team! Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. However, filing small insurance claims can have long-term financial consequences.

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Insurance Journal

DECEMBER 27, 2024

The FDA says the proposed rule, if finalized, would help protect consumers who use talc-containing cosmetic products … Food and Drug Administration (FDA) has unveiled a proposed rule to require standardized testing to detect asbestos in talc-containing cosmetic products.

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Insurance Journal

JANUARY 6, 2025

The Consumer Financial Protection Bureau has sued Walmart and work scheduling platform Branch Messenger for allegedly forcing delivery drivers that are part of the discounter’s gig program to use costly deposit accounts to get paid and mispresented how they could …

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AMAXX

JULY 15, 2024

One of the most critical aspects of managing workers’ compensation claims is ensuring that injured employees receive prompt medical treatment. Understanding the importance of quickly reporting claims and reducing lag time is key to preventing such scenarios. Initially, this policy faced controversy and skepticism.

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Workers Compensation Compensation Claim Workers Comp 83

LexisNexis

MARCH 18, 2025

Explore a comprehensive review of the definiteness requirement for utility patent claims under 35 U.S.C. § It highlights the importance of clarity in patent claims to ensure enforceability and protect intellectual property rights. § 112(b). § 112(f) (i.e., § 112(b). § 112(f) (i.e., § 112(b).

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Property Insurance Coverage Law

SEPTEMBER 27, 2024

The American Policyholders Association (APA) has reported that CBS 60 Minutes is running a story this Sunday evening about altered estimates by claims managers, which result in underpayments to policyholders.

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Central Insurance

DECEMBER 6, 2024

Learn how Contractor's Errors & Omissions insurance protects plumbers, painters, landscapers, and more from costly claims. Mistakes happen. The post Contractor’s E&O in Action appeared first on Central Insurance Blog.

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ProWriters

OCTOBER 2, 2024

For example, a small retail business might need coverage just for customer payment breaches, while a large healthcare organization demands broader protection for patient data, regulatory fines, and ransomware. The post How Partnering With a Cyber Insurance Broker Protects Your Clients appeared first on ProWriters.

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