Fri.Nov 22, 2024

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Meta Must Face Investor Suit After Supreme Court Drops Case

Insurance Journal

The US Supreme Court dismissed an appeal by Meta Platforms Inc., leaving it to face a lawsuit that accuses the company of misleading shareholders about the data-harvesting scandal involving political consulting firm Cambridge Analytica.

Claim 260
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Let’s Play “Guess the Umpire!”

Property Insurance Coverage Law

Federal Magistrate Judge Kyle Dudek recently issued the following Order: 1 Because the parties have not agreed on an umpire, the Court will set an in-person hearing for the appraisers to appear along with counsel to advise the Court of their respective objections to their counterpart’s proposed umpires. The Court will set this hearing by … The post Let’s Play “Guess the Umpire!

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Sweden Probe Into Broken Cable Advances as Seabed Study Winds Up

Insurance Journal

Sweden’s Navy completed a survey of the seabed near one of the damaged data cables in the Baltic Sea as the Nordic country investigates potential sabotage against the underwater infrastructure.

Damage 228
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Finding the Right Balance: Sales and Holiday Schedules

Word & Brown

It’s peak season, and that means it is crunch time for quoting, enrollments, and renewals – so your clients get the coverage they want and need for 12/1, 1/1, and 2/1. During this critical time of year, time management can be a challenge. That is especially true when you consider the major celebrations on the calendar during November, December, and January.

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Florida Regulators Demand Data From Weiss Ratings After Recent Reports on Insurers

Insurance Journal

Weiss Ratings, a Palm Beach Gardens financial ratings firm, sparked some outrage from the Florida insurance industry in recent weeks after it released reports contending that some of Florida’s largest property insurers were closing almost half of their hurricane claims …

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Reviews and Referral | Your Journey with Jennie

Your Journey With Jennie

Ready to level up your business? I’m excited to share this free training where I’ll share the exact strategies The Wolek Group uses to create clients for life! Imagine having a steady flow of raving fans who can’t wait to refer their friends and family to you—that’s what I want to help you build! I’ll be diving into our proven systems for getting glowing reviews, turning every transaction into a referral engine, and creating an unforgettable client experience

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How Seasonal Businesses Can Optimize Insurance Coverage

Mark Jackson Insurance Agency

Businesswoman using a computer by Marek Levak Operating a seasonal business can be both rewarding and challenging. Whether you run a landscaping service in the summer, a ski rental shop in the winter, or a holiday-themed retail store, your business has unique insurance needs that differ from typical year-round operations. To protect your livelihood and manage costs effectively, it’s essential to optimize your business insurance coverage.

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North Dakota Commissioner Godfread to Serve as NAIC President

Insurance Journal

North Dakota Insurance Commissioner Jon Godfread will serve as the president of the National Association of Insurance Commissioners (NAIC) for 2025 after serving as president-elect in 2024.

Insured 169
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TOP 5 BITS OF ADVICE TO GIVE YOUR CLIENTS NOW THAT THE ELECTION IS OVER … AGAIN

Rough Notes

Even amid political goings on, there are more important things we all should be concerned with Passion drives businesses and the entrepreneurs that start them. That, unquestionably, is where their focus should be—on what they are passionate about. By Michael Wayne Despite the title, this is a (largely) apolitical piece.

Agents 52
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Gunmaker Sig Sauer Must Pay $11 Million Over Pistol That Fired Accidentally

Insurance Journal

Gunmaker Sig Sauer Inc. was ordered by a Pennsylvania jury to pay $11 million to a customer who alleged defects in one of the company’s pistols led it to go off without him pulling the trigger.

Liability 169
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Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

Introduction Navigating the world of commercial insurance can feel a bit like wandering through a maze, with myths lurking around every corner. It’s essential for business owners to separate fact from fiction to ensure they have the right protection. Unfortunately, misconceptions can lead to costly mistakes. In this blog, we’ve set out to debunk some of the most common insurance myths.

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Markets/Coverages: MGA Aqueous Secures Capacity Deal With Allied World and Sompo

Insurance Journal

Aqueous Underwriting, the London-based MGA, has secured major new capacity in a three-year deal with A+ rated insurers Allied World and Sompo.

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How to Plan a Stress-Free Move to Your New Home

TGS

TGS Insurance » Blog How to Plan a Stress-Free Move to Your New Home Moving to a new home is exciting—a fresh start, new surroundings, and endless possibilities. But let’s not sugarcoat it: the process can also be downright overwhelming. Between packing, paperwork, and the chaos of organizing logistics, it’s easy for stress to creep in. Here’s the good news: with the right planning and a few pro tips, you can turn moving day into a manageable (and maybe even enjoyable) experience.

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World Insurance Acquires North Dakota’s F1 Insurance

Insurance Journal

World Insurance Associates LLC announced that it acquired the business of First International Insurance (“FI Insurance”) -a division of First International Bank & Trust of Watford City, North Dakota on October 1, 2024. Terms of the transaction were not disclosed.

Insurance 141
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Insurers told to speed up bereavement claims

Elmore

FCA review shows some firms take up to four months The post Insurers told to speed up bereavement claims appeared first on Elmore Insurance Brokers.

Claim 52
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Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion

Insurance Journal

Pending arbitration claims against liquefied natural gas exporter Venture Global LNG Inc. from several of its customers have grown to nearly $6 billion, according to a bond document seen by Bloomberg.

Claim 141
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Blog Post: The Overlooked Impact of Immigration on the Size of the Future U.S. Workforce

LexisNexis

Jeanne Batalova, Michael Fix and Julia Gelatt, MPI, Nov. 2024 " In the new analysis detailed here, Migration Policy Institute (MPI) researchers provide first-ever projections of the U.S. working-age population by immigrant generation, building on the U.S. Census Bureau’s recent population projections by nativity. The results shed light on future population trends and their implications for the size of the U.S. working-age population by 2040.

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Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening

Insurance Journal

Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk over the past several years in response to elevated claims, according to Swiss Re’s sigma.

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Blog Post: Torn Apart

LexisNexis

Prof. Patricia J. Williams, The New York Review of Books, Dec. 5, 2024 "A witch places a curse on a family’s favorite daughter. An evil dragon devours the firstborn babe of the king. It’s biblical: damning the son for the sins of the father. It’s what crime syndicates do: threatening the bodily integrity of a beloved as “incentive” for a debtor to cough up ransom.

Crime 40
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Danish Central Banker Sees Russia Hackers as Key Risk to Lenders

Insurance Journal

Cyber attacks against Nordic banks, likely perpetrated by Russia-linked hackers, pose the biggest threat to financial stability in the region, a top Danish central bank official said.

Cyber 141
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People Moves: Markel Taps AEGIS London’s Pressman as Senior U/W, Marine Cargo; GC&C Names Chubb’s Selff as Head of Underwriting Asia

Insurance Journal

This edition of International People Moves details appointments at Markel and Generali Global Corporate & Commercial. A summary of these new hires follows.

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Ken Paxton Adds Dallas to List of Cities He’s Sued Over Marijuana Decriminalization

Insurance Journal

Texas Attorney General Ken Paxton has filed another lawsuit to prevent decriminalizing marijuana-related offenses, this time against the city of Dallas.

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