Insurance Journal
SEPTEMBER 16, 2024
A Philadelphia Court of Common Pleas has upheld a Philadelphia jury’s $725.5 million verdict against ExxonMobil in a case of cancer linked to exposure to benzene, an ingredient in gasoline.
Property Insurance Coverage Law
SEPTEMBER 16, 2024
A federal judge ruled last week that policyholders eventually have to “put up or shut up” when it comes to proving that certain interior damages caused by a storm must be the result of damage to the exterior of a building, allowing water to damage the interior of a building. 1 The lesson from the … The post Interior Damage Claims and the Exterior Damage Requirement—Where’s the Proof?
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Insurance Journal
SEPTEMBER 16, 2024
Fitch Ratings said reinsurers are likely to push for double-digit U.S. casualty rate increases during January renewals to keep up with loss trends from social inflation.
Splash: Finance and Insurance
SEPTEMBER 16, 2024
Opening this week’s International Union of Marine Insurance (IUMI) annual conference in Berlin, president Frédéric Denèfle focused on how change was likely to impact on all lines of marine insurance business. Denèfle highlighted the recent geopolitical tensions as one of the key drivers of change.
Advertiser: Trellis
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Insurance Journal
SEPTEMBER 16, 2024
The death toll from flooding in central Europe is climbing, with Poland preparing to declare a state of emergency.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
SEPTEMBER 16, 2024
Florida and much of the country face a real estate crash unless government officials deal with climate change, members of Congress said at a roundtable discussion Saturday in St. Petersburg. U.S. Sen. Sheldon Whitehouse, D-R.I.
The Property Insurance Law Observer
SEPTEMBER 16, 2024
In J&S Welding, Inc. v. Liberty Mutual Insurance Company , the U.S. Court of Appeals reviewed a summary judgment ruling in favor of co-defendant West American Insurance Company (“West American”), issued by the U.S. District Court for the Western District of Tennessee. The 6th Circuit held that the property policy’s cosmetic damage exclusion applied to bar coverage because the insured, J&S Welding, Inc.
Insurance Journal
SEPTEMBER 16, 2024
Louisiana Insurance Commissioner Tim Temple is warning residents to be aware of contractor fraud following Hurricane Francine. Large storms events such as hurricanes provide an opening for dishonest services providers to take advantage of homeowners, Temple said.
Splash: Finance and Insurance
SEPTEMBER 16, 2024
Harland & Wolff, the owner of the Belfast shipyard that built the Titanic, has announced that it would be entering into administration this week after failing to find new funding.
Insurance Journal
SEPTEMBER 16, 2024
Cooler weather enabled firefighters to make progress over the weekend against three Southern California wildfires. Authorities have started scaling back evacuations at the largest blaze.
LexisNexis
SEPTEMBER 16, 2024
By: Serena Wellen, Vice President of Product Management, LexisNexis It was less than one year ago when LexisNexis debuted Lexis+ AI ™ , the first comprehensive legal research solution powered by generative artificial intelligence (Gen AI) trained for the legal profession, ushering in a new era in legal research. This summer, we stirred up an industry-wide buzz with the announcement of the U.S.
Insurance Journal
SEPTEMBER 16, 2024
California Insurance Commissioner Ricardo Lara has identified areas in the vicinity of the several ongoing large wildfires in the state that will be protected by a one-year moratorium on homeowners insurance non-renewal or cancellation due to wildfire risk.
AMAXX
SEPTEMBER 16, 2024
Work-related injuries can occur in any industry, and when they do, the aftermath can be chaotic and stressful for all parties involved. To mitigate confusion, it’s essential for companies to have a clear and consistent post-injury response procedure. This standardized approach not only ensures prompt medical attention for injured employees but also facilitates a smooth process for returning to work, reducing costs, and improving overall injury management.
Insurance Journal
SEPTEMBER 16, 2024
The U.S. Environmental Protection Agency announced a settlement with Federal Cartridge Co. in Anoka, Minnesota, for alleged Clean Air Act violations. Federal Cartridge is one of the world’s largest manufacturers of sporting ammunition.
Relation
SEPTEMBER 16, 2024
Mployer, the leading independent platform for employers to research, review, and evaluate insurance advisors has named Relation Insurance a winner of its fourth annual “Top Employee Benefits Consultant Awards” for 2024. Mployer’s Top Employee Benefits Consultant Award Program evaluates each benefits broker and consultant office based on their depth of experience across employer industries, sizes, […] The post Mployer Names Relation ‘Top Employee Benefits Consultant Award’ for 2024 appeared
Insurance Journal
SEPTEMBER 16, 2024
The latest flooding in central Europe could cause economic losses ranging from several hundred million euros to billions, early estimates published on Monday found, as the region braced for more damage.
CDC: Workers Compensation
SEPTEMBER 16, 2024
As part of Fungal Disease Awareness Week, we are highlighting fungal diseases that can affect workers. Coccidioidomycosis (Valley fever), blastomycosis, and histoplasmosis are fungal diseases caused by fungi that live in the environment in certain regions. Infections are caused by breathing in fungal spores that get into the air. Some jobs and work activities that disturb soil in areas where the fungi live can release fungal spores into the air and put workers at higher risk.
Insurance Journal
SEPTEMBER 16, 2024
The driver charged with killing NHL hockey player Johnny Gaudreau and his brother Matthew as they bicycled on a rural road had a blood-alcohol level of.087, above the.08 legal limit in New Jersey, a prosecutor said Friday.
Simply Insurance
SEPTEMBER 16, 2024
Discover the costs associated with massage insurance, including factors that influence pricing, coverage options, and tips for finding the best policy to protect your practice.
Insurance Journal
SEPTEMBER 16, 2024
A property management firm’s excess insurers are not obligated to defend it in multi-district price-fixing litigation involving use of the real estate software RealPage. A federal district judge in Massachusetts found that the terms of Windsor Property Management Co.
Simply Insurance
SEPTEMBER 16, 2024
Discover the factors that influence the cost of commerce insurance and learn how to find the best coverage for your business needs. Get insights on average premiums, coverage options, and tips for saving on your policy.
Insurance Journal
SEPTEMBER 16, 2024
Testimony has begun in a civil trial against a Virginia hospital that treats vulnerable children, its owner and its former medical director in a lawsuit filed by three former patients who allege they were touched inappropriately during physical exams.
Simply Insurance
SEPTEMBER 16, 2024
Discover the factors that influence the cost of general liability insurance, including coverage limits, business type, and location. Learn how to find the best rates and ensure your business is protected against potential risks.
Insurance Journal
SEPTEMBER 16, 2024
No single factor led a fire in the seaside Hawaiian town of Lahaina last year to rage out of control and kill 102 people, according to a state report that assesses the government’s response to the disaster but not its …
Simply Insurance
SEPTEMBER 16, 2024
Discover the costs associated with electrician insurance, including factors that influence pricing, types of coverage available, and tips for finding the best policy to protect your business.
Insurance Journal
SEPTEMBER 16, 2024
A turnaround in the personal lines insurance segment results was a key driver of an overall $3.8 billion profit from underwriting for the U.S. property/casualty insurance industry, according to a new report from AM Best.
Simply Insurance
SEPTEMBER 16, 2024
Discover the factors that influence the cost of workers' compensation insurance, including industry type, employee roles, and state regulations. Learn how to estimate your premiums and find ways to save on coverage while ensuring your business is protected.
Insurance Journal
SEPTEMBER 16, 2024
Losses from Hurricane Francine are expected to be manageable for property/casualty insurers, with major population centers sparred from the worst of the storm’s damage. Privately insured loss from Hurricane Francine are estimated to be close to $1.
Simply Insurance
SEPTEMBER 16, 2024
Discover the costs associated with DJ insurance, including factors that influence pricing, coverage options, and tips for finding the best policy to protect your business and equipment.
Insurance Journal
SEPTEMBER 16, 2024
It looks like the market for directors and officers insurance is shifting, according to Woodruff Sawyer, with the number of renewals seeing flat or price increases for the first time in 18 months.
Simply Insurance
SEPTEMBER 16, 2024
Discover the factors that influence the cost of professional liability insurance, including coverage limits, industry specifics, and risk assessments. Learn how to find the best rates and protect your business from potential claims.
Insurance Journal
SEPTEMBER 16, 2024
PACE Southeast Michigan, a company providing all-inclusive care for the elderly, violated federal law at multiple locations in the Detroit area by failing to provide reasonable accommodations to employees with disabilities attempting to return to work following Family Medical Leave …
Simply Insurance
SEPTEMBER 16, 2024
Discover the factors that influence the cost of product liability insurance, including coverage options, industry risks, and tips for finding the best rates. Learn how to protect your business from potential claims and ensure financial security.
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