Insurance Journal
JANUARY 14, 2025
Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the insurance industry as the blazes rage on almost a week after they ignited.
Property Insurance Coverage Law
JANUARY 14, 2025
The Florida House Insurance and Banking Subcommittee is holding a Panel Discussion on Homeowners Property Insurance Cost Drivers. I will participate as apanelist.I am writing this post hoping a few of the Committee members or their staff may have the opportunity to read it during this legislative session. The job of a legislator is not … The post Panel Discussion on Homeowners Property Insurance Cost Drivers appeared first on Property Insurance Coverage Law Blog.
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Insurance Journal
JANUARY 14, 2025
Units of CVS Health Corp., Cigna Group and UnitedHealth Group Inc. charged significantly more than the national average acquisition cost for dozens of specialty generic drugs, bringing in more than $7.
Property Insurance Coverage Law
JANUARY 14, 2025
John Putnam wrote an article warning about the dangers of smoke following wildfires, titled, Wildfire Smoke Claims: A Hidden Postwildfire Catastrophe. I made similar warnings in Wildfires Leave Dangerous Health Risks In Surviving Buildings. Putnams article gets right to the point: Where there is fire, there is smoke! Why is it most people see the … The post Unseen Smoke and Visual Ash Dangers from Wildfires appeared first on Property Insurance Coverage Law Blog.
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Insurance Journal
JANUARY 14, 2025
This month, the minimum automobile liability coverage requirements in North Carolina jumped to 50/100/50, among the highest minimums in the country. The change is the result of Senate Bill 452, approved in 2023 and which became law last year.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
JANUARY 14, 2025
The Minneapolis City Council this month approved an agreement with the federal government to overhaul the city’s police training and use-of-force policies in the wake of the murder of George Floyd.
AMAXX
JANUARY 14, 2025
Workers’ compensation programs are a cornerstone of workplace safety and risk management. While their primary purpose is to ensure employees receive medical and wage replacement benefits for work-related injuries, they also offer critical advantages to employers. Two primary benefits for employers include exclusivity or the bar against lawsuits and the ability to budget costs effectively.
Insurance Journal
JANUARY 14, 2025
Are you a top agent/producer? Do you know someone at your agency who is?
Elmore
JANUARY 14, 2025
Palliser Capital accuses OCBC of treating insurers minority shareholders unfairly as activist campaigns pick up in Asia The post British activist investor seeks to disrupt Singapore takeover appeared first on Elmore Insurance Brokers.
Insurance Journal
JANUARY 14, 2025
The US Federal Trade Commission has prepared a lawsuit against tractor giant Deere & Co. alleging the company’s agricultural equipment repair practices violate competition laws, according to people familiar with the matter.
Elmore
JANUARY 14, 2025
High building costs and effects of climate change are driving up amount claimed The post UK property insurance payouts hit highest level since 2007 appeared first on Elmore Insurance Brokers.
Insurance Journal
JANUARY 14, 2025
The Iowa Insurance Division, a member of the North American Securities Administrators Association (NASAA), announced last week it has joined a $17 million settlement with Edward D. Jones & Co., L.P.
Word & Brown
JANUARY 14, 2025
One of the many reasons that so many California and Nevada brokers choose Word & Brown as their preferred General Agency partner is we give them unmatched resources to take advantage of streamlined processes and opportunities for increased sales. Word & Brown’s Sales Support Boosts Sales Commissions Whether you focus on Small Group Medical, Large Group Medical, Individual and Family Plan (IFP) sales, Ancillary product sales, or some combination, Word & Brown can help you write
Insurance Journal
JANUARY 14, 2025
Hot, dry winds are pummeling Los Angeles and surrounding areas of Southern California, raising wildfire risks through at least Wednesday as the region reels from blazes that have killed at least 24 people and burned neighborhoods to the ground.
Elmore
JANUARY 14, 2025
Slip-up risks denting confidence in FCA as it seeks to defuse criticism of its disclosure reforms The post UK financial watchdog mistakenly named insurer placed under review appeared first on Elmore Insurance Brokers.
Insurance Journal
JANUARY 14, 2025
Russia has formed a new government commission to coordinate clean up of the biggest spill of oil products in the Black Sea in recent history as the Kremlin continues to assess the full scale of the catastrophe.
LexisNexis
JANUARY 14, 2025
ELM solutions in the corporate legal department are gaining critical entry into global corporations. As a necessary foundation for efficient legal operations workflow, ELM solutions provide an integrated platform for the various functions that in-house lawyers and legal operations teams require. What Does ELM Stand For? In corporate legal operations, ELM stands for enterprise legal management.
Insurance Journal
JANUARY 14, 2025
Floridians may remember the strange case of Jacksonville businessman Jose Lantigua, who faked his own death in 2013 in an attempt to collect millions of dollars in life insurance proceeds.
LexisNexis
JANUARY 14, 2025
NIPNLG, Jan. 10, 2025 "8 U.S.C. § 1503 provides pathways for individuals who were denied a right or privilege of nationality to challenge such denials in federal district court and obtain a declaratory judgment that they are indeed a citizen or national of the United Statesby birth, naturalization, or derivative citizenship. These claims generally arise in the context of a passport denial or revocation, or a revocation or denial of a request for a certificate of citizenship (N-600).
Insurance Journal
JANUARY 14, 2025
Property and auto insurers in South Carolina can keep non-resident adjusters on the job for at least another 90 days, until April 25, due to the continued need after Hurricane Helene, the state insurance commissioner said in a bulletin posted …
Rough Notes
JANUARY 14, 2025
Are your traditions helping or hurting your culture? Traditionthe aspect of culture thats often hard to see until its already establishedis the connective tissue between us. By Meg McKeen, CIC The recipe for your organizational culture is one of a kind and you, as a leader, are the chef.
Insurance Journal
JANUARY 14, 2025
Online trading firm Robinhood Markets has agreed to pay $45 million to settle U.S. Securities and Exchange Commission charges over record keeping, trade reporting and other rule violations, the regulator said on Monday.
LexisNexis
JANUARY 14, 2025
Just a couple of weeks into the new year, state legislators appear to be watching and waiting to see how things shake out with the new Trump administration. But despite the uncertainty, one issueas expectedhas already emerged as a priority in some statehouses: verifying the age of Internet users to protect children from explicit or harmful material.
Insurance Journal
JANUARY 14, 2025
Families who have sued Alex Jones over his false claims about the Sandy Hook massacre have resolved their disputes on how to divide the bankrupt conspiracy theorist’s assets, clearing the way for a sale of Jones’ Infowars platform, attorneys said …
LexisNexis
JANUARY 14, 2025
Patrick Jack, Times Higher Education, Jan. 14, 2025 "Stephen Yale-Loehr, a retired professor of immigration law practice at Cornell University , told Times Higher Education that discussions over H-1B work visas were tied into a wider debate around immigration generally. H-1B work visas are a common way for international students to work in the United States after they graduate, he said.
Insurance Journal
JANUARY 14, 2025
Polo Insurance Managers (PIM), the Guernsey based insurance manager business within the PoloWorks group, announced the launch of Clockwork Re a newly established Category 4 Commercial General Reinsurer in Guernsey.
Insurance Journal
JANUARY 14, 2025
New Orleans officials projected confidence in their security plans as the city prepares to host the Super Bowl and Mardi Gras in the aftermath of a terror attack that killed 14 people on New Year’s Day and questions linger over …
Insurance Journal
JANUARY 14, 2025
DARAG, a leading legacy acquirer with a focus on the European and UK market, and wefox Insurance AG, the Liechtenstein-domiciled insurance carrier of wefox Group, announced the transfer of a run-off portfolio including motor damage and third-party liability, private liability …
Insurance Journal
JANUARY 14, 2025
President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data centers, the White House said.
Insurance Journal
JANUARY 14, 2025
We invite ALL retail agency owners, principals, producers, CSRs the entire agency to participate in Insurance Journal’s annual independent insurance agency salary survey.
Insurance Journal
JANUARY 14, 2025
Dermatologicals, which include a number of high-priced, private label drugs, account for the biggest share of the total drug spend in the California workers’ compensation system, a new report shows.
Insurance Journal
JANUARY 14, 2025
The European Union’s new digital chief, Henna Virkkunen, suggested the repeated damage to undersea cables in the Baltic Sea couldn’t be fully accidental, as leaders from the region prepare to gather for a NATO summit devoted to the topic.
Insurance Journal
JANUARY 14, 2025
A Hopkinton man was sentenced on Jan. 10, 2025 in federal court in Boston for defrauding the Internal Revenue Service (IRS) and Travelers Insurance Co. over wages he paid to employees of his two construction companies. According to U.S.
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