Insurance Journal
SEPTEMBER 27, 2024
Hundreds of claims adjusters were set to move out across Florida, Georgia and western parts of the Carolinas Friday morning as Hurricane Helene brought high storm surge and 140 mph winds to a region that has faced three hurricanes in …
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. The APA notice states that “a disturbing scandal” uncovered by Merlin Law Group attorney Steven Bush and the APA resulted in whistleblowers reporting on insurance … The post CBS 60 Minutes to Run Story Regarding Altered Insurance Estimates Resulting in Fraudulent Underpayments to Poli
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Insurance Journal
SEPTEMBER 27, 2024
This edition of International People Moves details appointments at AXA XL Bermuda, the MGA Intangic, and the Lloyd’s insurer Dale Underwriting Partners. A summary of these new hires follows here.
Property Insurance Coverage Law
SEPTEMBER 27, 2024
As an attorney who has dedicated my career to representing policyholders, I’ve witnessed firsthand the challenges faced by Florida homeowners, businesses, condominium associations, and even government entities in the wake of natural disasters. However, recent developments in Florida’s handling of insurance company fraud allegations have raised serious concerns about the efficacy of our regulatory bodies … The post Florida’s Insurance Company Fraud Investigations: A Crisis
Insurance Journal
SEPTEMBER 27, 2024
Pennsylvania State University will pay $703,742 in back wages and interest and enter into a conciliation agreement with the U.S. Department of Labor to resolve alleged gender pay discrimination against female employees.
PSM Brokerage
SEPTEMBER 27, 2024
State of Medicare Advantage 2024 Better Medicare Alliance | Report Download The Medicare Advantage program is expanding and becoming increasingly diverse, serving as an affordable healthcare option for many Medicare-eligible seniors in America. This growth is driven by the program's ability to offer comprehensive coverage, including additional benefits such as vision, dental, and wellness programs, which are not typically covered under traditional Medicare.
Insurance Journal
SEPTEMBER 27, 2024
Axis Insurance Managers Inc., the Vancouver, Canada-based insurance broker, announced the acquisition of Baker Insurance, a property/casualty brokerage based in Calgary. Financial details of the deal were not disclosed.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
SEPTEMBER 27, 2024
As research has evolved on the effects of per- and polyfluoroalkyl substances (PFAS), correlations are being made to medical conditions within people exposed—and that’s about everyone to some degree.
P&L Financial Services
SEPTEMBER 27, 2024
Fall is the perfect time to review your financial strategies and make sure you’re on track for a secure retirement. As the year comes to a close, there are several ways seniors can optimize their savings, reduce taxes, and adjust their financial plans to meet their goals. Fall financial planning is especially important for seniors nearing retirement or already retired , as it helps ensure that you’re financially prepared for the years ahead.
Insurance Journal
SEPTEMBER 27, 2024
Pine Walk Capital Ltd., the specialist MGA incubator platform and wholly owned subsidiary of The Fidelis Partnership, announced the launch of the MGA Seraphina.
PSM Brokerage
SEPTEMBER 27, 2024
Important Update: CMS’s New One-to-One Consent Regulations for 2025 Effective October 1, 2024, CMS will enforce a new one-to-one consent rule for Third-Party Marketing Organizations (TPMOs), including independent agents and brokers. This rule requires TPMOs to obtain prior express written consent from consumers before sharing their personal beneficiary data with another TPMO for marketing or enrollment purposes.
Insurance Journal
SEPTEMBER 27, 2024
Self-driving cars could make personal auto insurance largely obsolete within 20 years, according to a worst-case scenario modeled by Morningstar. A more likely, moderate scenario forecasts the line could remain necessary for a few more decades, until 2060.
LexisNexis
SEPTEMBER 27, 2024
On Sept. 27, 2024 federal judge Geoffrey W. Crawford granted summary judgment for the plaintiffs in two cases, L.A.A.M. v. Zuchowski and C.M.Z. v. Zuchowski. Hats off to superlitigator Jesse Bless !
Insurance Journal
SEPTEMBER 27, 2024
A judge in South Dakota has thrown out a lawsuit brought by dozens of neighbors in a Rapid City-area subdivision whose homes were built above an old, underground mine linked to sinkholes in the neighborhood. Circuit Court Judge Eric J.
LexisNexis
SEPTEMBER 27, 2024
Aaron Martinez, El Paso Times, Sept. 26, 2024 " Las Americas Immigrant Advocacy Center is the second El Paso immigration nonprofit to sue Texas Attorney General Ken Paxton , accusing him of violating the nonprofit's constitutional rights in an effort to shut down the organization. The lawsuit was filed Wednesday, Sept. 25 , in U.S. federal court and asks a judge to issue a temporary restraining order stopping an investigation by the Texas Attorney General's Office into the charity w
Insurance Journal
SEPTEMBER 27, 2024
Louisiana Insurance Commissioner Tim Temple said the number of grants has doubled for the latest round of the Louisiana Fortify Homes Program due to high volume of registrants.
LexisNexis
SEPTEMBER 27, 2024
NILA, Sept. 26, 2024 "Today, a U.S. district court approved the settlement agreement in Garcia Perez v. USCIS , a nationwide class action regarding USCIS and EOIR policies preventing asylum seekers from obtaining authorization to work while their asylum claims are pending. The case challenged policies and practices related to the Asylum EAD Clock, which governs when people with pending asylum applications can apply for employment authorization documents.
Insurance Journal
SEPTEMBER 27, 2024
Ukrainian authorities said at least three people were killed by a Russian strike against a Danube River port that was repeatedly attacked last year after it became a lifeline for key exports amid the Kremlin’s invasion.
LexisNexis
SEPTEMBER 27, 2024
USCIS, Sept. 27, 2024 "Today, in continued support of Enduring Welcome, and by congressional directive, U.S. Citizenship and Immigration Services announced it is extending and expanding some previously announced filing fee exemptions and expedited application processing for certain Afghan nationals. This will help Afghan nationals continue to resettle and, in many cases, reunite with family in the United States.
Insurance Journal
SEPTEMBER 27, 2024
Moving money from coal assets to a new responsible-investment exchange-traded vehicle provided the sort of quick win the New York State Insurance Fund was looking for when evaluating the climate and social impacts of its holdings, a top executive said …
LexisNexis
SEPTEMBER 27, 2024
Matt Dougherty, Ithaca.com, Sept. 24, 2024 "Cornell University has become the first university to suspend a student for pro-Palestinian organizing this semester, putting them at risk of deportation. The suspension was in response to a student-led protest organized by the Coalition for Mutual Liberation (CML), which shut down a career fair at the Statler Hotel attended by defense contractors Boeing and L3 Harris.
Insurance Journal
SEPTEMBER 27, 2024
Despite challenging conditions, 75% of independent insurance agencies saw revenue gains from 2022 to 2023, according to the 2024 Agency Universe Study. That number is significantly higher than between 2020 and 2021, during which 62% of agencies experienced gains.
LexisNexis
SEPTEMBER 27, 2024
CILP, Sept. 2024 You’ve heard of Comedians in Cars Getting Coffee, but what about immigration nerds in cars getting coffee?? As we’ve carpooled with our colleagues to the UCLA Law School over the past couple of years, we often found ourselves holding video work meetings and talking about the complexities of immigration law while navigating L.A. traffic.
Insurance Journal
SEPTEMBER 27, 2024
Paratus Holdings Ltd., the Guernsey-based re/insurance group, announced that Paratus Renewables Insurance Ltd. has been granted regulatory approval by the Guernsey Financial Services Authority (GFSC) to provide insurance cover to the renewable power industry.
PSM Brokerage
SEPTEMBER 27, 2024
AgencyBloc and SunFire To Forge New Integration that Empowers Insurance Agencies AgencyBloc and SunFire are set to integrate their platforms, connecting AgencyBloc’s agency management system with SunFire’s Medicare quoting and proposal tool. This integration aims to streamline the Medicare quoting process, enhancing efficiency for insurance agencies in the senior market.
Insurance Journal
SEPTEMBER 27, 2024
Pero Family Farms Food Company, LLC, will pay $40,000 in compensatory damages and furnish other relief to settle a U.S. Equal Employment Opportunity Commission (EEOC) lawsuit, the federal agency announced today.
LexisNexis
SEPTEMBER 27, 2024
Muzaffar Chishti and Colleen Putzel-Kavanaugh, MPI, Sept. 27, 2024 "The Democratic Party’s approach to the U.S.-Mexico border has fundamentally shifted, as was illustrated most clearly at the 2024 Democratic National Convention. While the 2020 convention was sprinkled with condemnations of the Trump administration’s border restrictions, the former president’s immigration record was invoked at this year’s convention primarily to condemn him for sabotaging a bipartisan Senate border security
Insurance Journal
SEPTEMBER 27, 2024
A federal appeals court has upheld a lower court determination that a Montana health clinic submitted hundreds of false asbestos claims on behalf of patients.
Insurance Journal
SEPTEMBER 27, 2024
Hurricane Helene barreled into the western coast of Florida with dangerous winds, knocking out power for more than a million customers and threatening to unleash deadly flooding across several states.
Insurance Journal
SEPTEMBER 27, 2024
Cheniere Energy Inc.
Insurance Journal
SEPTEMBER 27, 2024
LITTLE ROCK, Ark.
Insurance Journal
SEPTEMBER 27, 2024
The Roman Catholic Diocese of Rockville Centre in New York reports that it has reached an agreement with survivors, insurers, parishes and other parties on a settlement of its bankruptcy case that includes a $323 million fund to compensate victims …
Insurance Journal
SEPTEMBER 27, 2024
A federal judge on Wednesday approved a $600 million class-action settlement Wednesday that Norfolk Southern railroad offered to everyone who lived within 20 miles (32 kilometers) of last year’s disastrous derailment in East Palestine, Ohio.
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