Thu.Nov 07, 2024

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Missouri Farmer Who Stars in Reality TV Series Pleads Guilty Crop Insurance Fraud

Insurance Journal

A Missouri farmer who appears in a reality TV show about his family’s farming operation pleaded guilty this week to a multi-million dollar fraud scheme involving federal crop insurance benefits. Steve A.

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Beards and Respirators: Navigating No Shave November Safely

CDC: Workers Compensation

Introduction No Shave November is a great opportunity to grow out your beard for a good cause. But if you rely on a tight-fitting respirator for work, that extra facial hair could pose a safety concern. Respirators protect workers from harmful particles, but their effectiveness depends on forming a tight seal against your skin. So, what does that mean for your growing beard during No Shave November?

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SageSure Expands HO Business in Mississippi, Louisiana

Insurance Journal

SageSure, a managing general underwriter for catastrophe-exposed markets, said it has joined with Auros Reciprocal Insurance Exchange to bring more homeowners coverage to Louisiana and Mississippi. Auros is a property insurance company domiciled in Mississippi.

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Contractual issues with wind-assisted propulsion

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Contractual issues with wind-assisted propulsion appeared first on Insurance Marine News.

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2024 Will Be World’s Hottest Year on Record, EU Scientists Say

Insurance Journal

This year is “virtually certain” to eclipse 2023 as the world’s warmest since records began, the European Union’s Copernicus Climate Change Service (C3S) said on Thursday. The data was released ahead of next week’s U.N.

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Blog Post: Navigating the Legal Landscape of Generative AI: In-House Counsel's Guide

LexisNexis

At the recent Women, Influence & Power in Law 2024 Conference in Chicago, women working on corporate legal teams discussed a number of timely issues bearing down on in-house counsel today. One of the more intriguing threads of discussion emerged in a session focused on the adoption of generative artificial intelligence (Gen AI) technologies in their organizations.

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Federal response team in place for Hurricane Rafael

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Federal response team in place for Hurricane Rafael appeared first on Insurance Marine News.

Marine 102
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Renewable Energy Offers a Cost and Opportunity to Insurance Sector

Insurance Journal

Policyholders in the renewable energy insurance market are paying between 20%-40% more for cover today than a year ago as insurers seek to recover the cost of “devastating claims” in regions hit by natural catastrophes, industry sources say.

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New capacity brings pricing pressure in cargo insurance, says Gallagher

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post New capacity brings pricing pressure in cargo insurance, says Gallagher appeared first on Insurance Marine News.

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Danone Wins Dismissal of Evian Microplastics Lawsuit

Insurance Journal

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. U.S.

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Warning of ripple effects of Canadian port disputes

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Warning of ripple effects of Canadian port disputes appeared first on Insurance Marine News.

Marine 100
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SC Man Sentenced for Targeting Drivers in Parking Lot Insurance Fraud Scheme

Insurance Journal

A 44-year-old South Carolina man was sentenced to 18 months in prison after he pleaded guilty to an auto insurance fraud scheme that targeted elderly drivers in parking lots.

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Voice SOA (Scope of Appointment)

PSM Brokerage

This script is meant to fulfill the CMS requirement of a Scope of Appointment for individuals that have agreed to be contacted regarding plan options/benefits or are current clients that have purchased a product through your agency. VOICE SOA (Scope of Appointment) Required for consumers interested in MAPD, MA-Only, PDP and/or unknown plan selection.

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CNN Must Face Project Veritas’ Defamation Lawsuit, Appeals Court Rules

Insurance Journal

A U.S. federal appeals court on Thursday revived a defamation lawsuit accusing CNN of defaming Project Veritas in its explanation of why the conservative group, which is often accused of using deceptive tactics, was suspended from Twitter in 2021.

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Medicare Scope of Appointment Form Download

PSM Brokerage

The Scope of Appointment (SOA) process is a crucial aspect of Medicare marketing and sales activities designed to protect the interests of Medicare beneficiaries and ensure compliance with regulations. The SOA process is primarily associated with Medicare Advantage (Part C) and Medicare Prescription Drug Plans (Part D) but can also apply to other Medicare-related products.

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Zurich’s Exposure to Hurricanes Helene, Milton Below $360M as Catastrophe Losses Rise

Insurance Journal

Zurich Insurance Group said on Thursday that its exposure to Hurricanes Helene and Milton, which recently wreaked havoc in the United States, would be less than $360 million, as insurers face increasing losses from natural catastrophes.

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Panamanian Authorities will cancel flag registration of four US-sanctions-linked LNG tankers

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Panamanian Authorities will cancel flag registration of four US-sanctions-linked LNG tankers appeared first on Insurance Marine News.

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15 Homes Evacuated As Crews Battle Another Wildfire In New Jersey

Insurance Journal

The latest forest fire to break out in New Jersey spurred authorities to evacuate more than a dozen homes Wednesday as crews worked to contain the blaze, but no injuries or property damage has been reported.

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West says claims are up for 2024/25, but within initial forecast range

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post West says claims are up for 2024/25, but within initial forecast range appeared first on Insurance Marine News.

Claim 95
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CITA Insurance Services and Ascot Insurance Company announce nationwide real estate agents and brokers errors & omissions program

Insurance Journal

ORANGE, CA, November 6, 2024 – CITA Insurance Services and Ascot Insurance Company (Ascot) have partnered to deliver a new real estate agents and brokers error & omissions (E&O) program nationwide.

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Bumper sticker safety concerns: what every driver should know.

Frankenmuth Insurance

Bumper stickers add a unique touch to your vehicle, but have you considered these lesser-known bumper sticker safety concerns? Keep these seven points in mind before adding embellishments to your ride. Distractions to other drivers. Flashy, colorful, or word-heavy bumper stickers can draw attention away from the road and create safety issues for other drivers.

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Volkswagen to Recall Over 114,000 US Vehicles Over Airbag Concern, NHTSA Says

Insurance Journal

Volkswagen will recall 114,478 vehicles in the United States on concerns over the driver-side airbag, the National Highway Traffic Safety Administration said on Thursday. The recall consists of some Beetle and Passat vehicles from model years 2006-2019.

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Blog Post: Partial EB-1A Victory (Remand) in WI: Branski v. Brennan Seng

LexisNexis

Branski v. Brennan Seng "USCIS did not adequately explain its conclusion that Branski failed to identify “[p]ublished material about [him] in professional or major trade publications or other major media, relating to [his] work in the field for which classification is sought,” 8 C.F.R. § 204.5(h)(3)(iii). USCIS appears to have improperly reject purported expert opinions simply because they were not “objective” and failed to consider proffered evidence of the publications’ circulation.

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Washington Sawmill Fined $126K for 61 Safety and Health Violations

Insurance Journal

The Washington State Department of Labor & Industries is levying more than $126,000 in fines for 61 reported safety and health violations by a lumber seller.

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7 Proven Techniques for Closing Insurance Sales Successfully

Word & Brown

Even the most successful insurance professional can hit a bump in the road now and then when it comes to sales. You can employ many different techniques in your sales efforts. No single technique will work in every situation, so it’s good to have a few options based on the situation and your prospect. Here are seven proven techniques to help you close more sales as a health insurance agent or broker.

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Swiss Re Cuts 2024 Profit Target After Raising US Reserves

Insurance Journal

Swiss Re AG lowered its 2024 net income target after being hit by more claims in its Property and Reinsurance business for previous years than it had budgeted for.

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Understanding Agreed Value Auto Insurance: Protecting What Matters Most on the Road

TGS

TGS Insurance » Blog Understanding Agreed Value Auto Insurance: Protecting What Matters Most on the Road When you’re talking about a car that’s more than just a ride—a vintage beauty, a collector’s item, or a custom-built masterpiece—the stakes are different. For many, traditional auto insurance might feel a bit off the mark. After all, how do you put a price on something that carries both personal and market value?

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People Moves: Marsh Names Fraser as Int’l Corporate & Commercial Leader; Clear Group Appoints Chisholm as Sales and Marketing Director

Insurance Journal

This edition of International People Moves details appointments at the brokers Marsh and Clear Group. A summary of these new hires follows here.

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Dutch case reviews equal pay for Southeast Asian crew

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Dutch case reviews equal pay for Southeast Asian crew appeared first on Insurance Marine News.

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H.W. International Agrees to Sell UK, French and Greek Operations to Steadfast Group

Insurance Journal

H.W. International B.V., the Amsterdam-based, privately owned insurance broker, announced the sale of H.W. Wood Ltd.

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Understanding Agreed Value Auto Insurance: Protecting What Matters Most on the Road

TGS

TGS Insurance » Blog Understanding Agreed Value Auto Insurance: Protecting What Matters Most on the Road When you’re talking about a car that’s more than just a ride—a vintage beauty, a collector’s item, or a custom-built masterpiece—the stakes are different. For many, traditional auto insurance might feel a bit off the mark. After all, how do you put a price on something that carries both personal and market value?

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UCLA and NOAA: Climate Change Baked Western US Despite the Rainfall

Insurance Journal

Even with all the storms the Western U.S. received in the last two years, climate change is baking the region.

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Blog Post: Contract Management Software For All Legal Departments

LexisNexis

No matter the size of a business, every business requires contract management software to play a pivotal role. Contracts bind two or more parties with terms, conditions, and expectations. They are the backbone of any business transaction, from hiring employees to making purchases or sealing deals with partners. These essential documents dictate the terms under which business is conducted, ensuring transparency, and setting clear expectations for all parties involved.

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People Moves: Grange Insurance Names Carter VP, PL Sales & Strategic Distribution

Insurance Journal

Grange Insurance Company, headquartered in Columbus, Ohio, named Nicole Carter as vice president, public liability sales and strategic distribution, effective Jan. 1, 2025. Carter has nearly 30 years of experience in the insurance industry.

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