Insurance Journal
DECEMBER 19, 2024
US authorities have reached a settlement to resolve a whistleblower case alleging that a New York state health insurer systematically defrauded the federal Medicare program by exaggerating how sick members were in order to boost profits.
Property Insurance Coverage Law
DECEMBER 19, 2024
The last time Edward Badiu sent me an out-of-the-blue text message, it was about two hours after the Champlain Towers collapsed. This time, it was about the passing of John Pepper. I have many memories of John Pepper.One of the longest-lasting was on April 19, 1995. I was taking another Hurricane Andrew deposition of John. … The post John Pepper Passes appeared first on Property Insurance Coverage Law Blog.
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Insurance Journal
DECEMBER 19, 2024
DARAG Group, the Malta-based legacy acquirer that focuses on the European market, announced it has completed the sale of its North American and Bermuda business entities to the RiverStone Group, a subsidiary of Fairfax Financial Holdings Ltd.
Splash: Finance and Insurance
DECEMBER 19, 2024
US asset management firm EnTrust Global is set to launch a voluntary cash tender offer to take over Norwegian bulker owner Belships. Blue Northern, a special purpose vehicle formed by funds managed by the Blue Ocean maritime investment team at EnTrust, will offer NOK20.
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Insurance Journal
DECEMBER 19, 2024
The National Highway Traffic Safety Administration said on Wednesday it will not seek an immediate recall of airbag inflators in about 50 million U.S. vehicles assembled by 13 automakers and instead will conduct further investigation.
AMAXX
DECEMBER 19, 2024
In a groundbreaking group dynamics exercise, Peter Skillman, an engineer, conducted a fascinating study across several universities, including Stanford, University of California, and Tokyo University. The challenge was simple yet revealing: participants had to build the tallest tower possible using 20 pieces of uncooked spaghetti, one yard of transparent tape, one yard of string, and a single marshmallow, which had to sit on top of the tower.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Frankenmuth Insurance
DECEMBER 19, 2024
You may be on social media, but are you maximizing your presence? With 71% of small- and medium-sized businesses utilizing these platforms, knowing effective ways to promote your business on social media is crucial. Here are eight essential strategies to boost your social media impact and promote your brand. Leverage social media ads. While organic reach is valuable, investing in social media ads can significantly boost your visibility.
Insurance Journal
DECEMBER 19, 2024
NEW ORLEANS (AP) Several people were injured Tuesday morning after foggy conditions contributed to several car crashes that forced the closure of the 24-mile-long (38.6-kilometer-long) bridge connecting the north and south shores of southeast Louisiana’s Lake Pontchartrain.
Elmore
DECEMBER 19, 2024
Suspect in Brian Thompsons slaying returns to New York where he now faces a second criminal case The post Luigi Mangione faces federal murder charge in UnitedHealthcare killing appeared first on Elmore Insurance Brokers.
Insurance Journal
DECEMBER 19, 2024
W. R. Berkley Corp., the Greenwich, Connecticut-based insurer, announced that Berkley Insurance Co. has received regulatory approval to launch a branch office in India. The new branch, Berkley Insurance Co.
LexisNexis
DECEMBER 19, 2024
Now that the honeymoon period surrounding the adoption of generative artificial intelligence (Gen AI) tools has begun to fade, the reality of this breakthrough technology has come under the microscope. And while many legal professionals are still trying to get their arms around how Gen AI can be reliably deployed in their workflows, one thing that has begun to emerge is that corporate counsel see an opportunity to bring more work in-house.
Insurance Journal
DECEMBER 19, 2024
A Florida car dealer is awaiting sentencing after he pleaded guilty to rolling back the odometers on at least three vehicles by thousands of miles.
LexisNexis
DECEMBER 19, 2024
By Madison Johnson, Esq. | Manager, Large Markets Successful litigators often talk about the importance of grounding their case strategies in objective data and then relying on their experience to make nuanced judgments as they go about the litigation of the matter. In recent years, the use of litigation analytics has become a powerful tool in the hands of these lawyers.
Insurance Journal
DECEMBER 19, 2024
A Senate Budget Committee report shows how dangerous climate change is to the nation’s financial system as well as how bad it could be for homeowners seeking affordable insurance.
LexisNexis
DECEMBER 19, 2024
Managing contracts is a pivotal function for legal departments, requiring meticulous attention and precise organization. Legal contract management software is designed to streamline this process, helping legal professionals efficiently manage their contracts while ensuring compliance and reducing risks. This software plays a crucial role in enhancing the overall efficiency of legal operations.
Insurance Journal
DECEMBER 19, 2024
Denmark warned that Russia’s navy may start escorting the so-called shadow fleet tankers through Danish straits to escalate provocations against NATO countries.
Distinguished
DECEMBER 19, 2024
NEW YORK — Distinguished Programs, a leading national insurance program manager, has extended its Fine Art & Collectibles insurance program to California. The program offers full limits, including earthquake coverage with capacity up to $125 million for single risks. This expansion provides comprehensive coverage for both personal collections and commercial clients, including collectors , galleries, museums, corporate collections, municipalities and institutions. “While others ar
Insurance Journal
DECEMBER 19, 2024
A California man was sentenced to 16 years in prison for filing false claims on dozens of auto collisions.
Insurance Marine News
DECEMBER 19, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post International Group reveals GXL reinsurance deal for 2025/26 appeared first on Insurance Marine News.
Insurance Journal
DECEMBER 19, 2024
European insurers are approaching the new year from a position of strength, having benefited from supportive interest rates and pricing cycles over the past two years.
LexisNexis
DECEMBER 19, 2024
NIPNLG Practice Advisory, Dec. 18, 2024 "This one-pager discusses five key takeaways about the J.O.P. settlement agreement, addressing some frequently asked questions received by the J.O.P. Class Counsel team. The one-pager is a must-read for practitioners who represent clients with prior "Unaccompanied Child" determinations, particularly in light of the upcoming February 24, 2025 class cut-off deadline.
Insurance Journal
DECEMBER 19, 2024
American Airlines has agreed to settle a race discrimination lawsuit by three Black men who were temporarily removed from a flight at the insistence of white flight attendants, according to a court filing on Thursday.
LexisNexis
DECEMBER 19, 2024
Emery Celli Brinckerhoff Abady Ward & Maazel LLP, Dec. 18, 2024 "Under a legal settlement presented to the court today by ECBAWM and Benno & Associates, P.C., New York City has agreed to pay up to $92.5 million to resolve claims by individuals who were unlawfully detained by the NYC Department of Correction between April 1, 1997 and December 21, 2012.
Insurance Journal
DECEMBER 19, 2024
The U.S.
American Agents Alliance
DECEMBER 19, 2024
AI is going to be woven into every part of our industry. The challenge is to figure out where to use it and stop waiting around to adopt it, but begin right away. Jeff Arnold, Founder of Rightsure In October 2024, RightSURE, North Americas most awarded insurance firm, renowned for its comprehensive coveragefrom pets to jets in 42 statesand its team of Famously Friendly Humans, added Liberates voice AI to ensure every call is answered and customers never wait on hold.
Insurance Journal
DECEMBER 19, 2024
Noblr, a USAA Insurance subsidiary offering insurance through an online quoting application, will pay $500,000 following a data breach that New York officials say affected 80,000 people and led to fraudulent unemployment benefit claims.
LexisNexis
DECEMBER 19, 2024
USCIS, Dec. 19, 2024 "Policy Highlights Draws upon previously issued event-specific guidance on certain flexibilities available during an emergency or unforeseen circumstance relating to extensions of stay and changes of status, employment authorization, document replacement, failure to respond to a request for evidence, fee waivers, expedited processing, and satisfactory departure.
Insurance Journal
DECEMBER 19, 2024
With a “silver tsunami” of skilled underwriters eligible to retire in coming years and a shift in employee expectations, recruitment and retention is a critical focus for the insurance industry right now, said experts during a November webinar hosted by …
LexisNexis
DECEMBER 19, 2024
By Madison Johnson, Esq. | Manager, Large Markets Legislative activity surrounding the regulation of AI has begun to take greater shape this year, especially at the state level, and industry observers are bracing for an onslaught of new proposed legislation in 2025. Another wave of bills aimed at regulating artificial intelligence is expected from US states next year, and lawmakers are already trying to mitigate potential issues around interoperability and harmonization, reported MLex, an invest
Insurance Journal
DECEMBER 19, 2024
Amazon.com will implement safety measures at all of its U.S. facilities to settle a federal agency’s claims that it failed to prevent workers from developing back problems and other ergonomic injuries, the agency said on Thursday.
LexisNexis
DECEMBER 19, 2024
Zach Despart, Yuriko Schumacher and Uriel García, photography and video by Ben Lowy and Eli Hartman, Texas Tribune, Dec. 19, 2024 "In December 2021, Gov. Greg Abbott traveled to South Texas to inaugurate the first 880-foot stretch of the states newly constructed wall on its border with Mexico. At the press conference, with cameras zoomed tightly on him against a backdrop of the three-story high, slatted wall in Starr County, the Republican governor declared the barrier to be impenetrab
Insurance Journal
DECEMBER 19, 2024
Texas property management companies Castle Hills Master Association Inc., Bright Realty LLC, Bright Industries LLC, and Bright Executive Services LLC will pay $55,000 and furnish other relief to settle a disability discrimination lawsuit filed by the U.S.
CDC: Workers Compensation
DECEMBER 19, 2024
With the holidays approaching, many workplaces start to slow down as the demands lessen and some workers are able to take time off to be with family and friends. However, other workplaces get busier as people make plans to celebrate the holidays, shop for gifts, and travel more. During this time, many workers might take on extra shifts, longer hours, or more work.
Insurance Journal
DECEMBER 19, 2024
This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C) and the broker Miller. A summary of these new hires follows here.
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