Mon.Dec 16, 2024

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Walmart’s DEI Compromise Holds Lessons for Corporate America

Insurance Journal

“Robby Starbuck has viewed your profile.” The LinkedIn alerts for Walmart Inc. executives started appearing on Nov. 18, offering an early signal that the anti-DEI campaigner was setting his sights on the biggest US private employer.

Policy 264
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Taylor Maritime Investments set for rebrand

Splash: Finance and Insurance

Pursuant to a shareholder vote next month, London-listed dry bulk concern Taylor Maritime Investments will change its name to Taylor Maritime Limited.

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Disaster Insurance Set to Test Italy’s Business Backbone in 2025

Insurance Journal

Italian companies are preparing to comply with a requirement to take out natural disaster insurance from next April, although some fear it will be hard to enforce and too costly.

Insurance 246
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Roofers and Restoration Contractors Need to Nail Down Contract Terms: Unenforceable Agreements in the Insurance Restoration Industry Are Common but Often Not Challenged

Property Insurance Coverage Law

When it comes to insurance roofing and restoration contracting, I often wonder if the construction contract is enforceable. A recent Florida case, Florida Roof Specialists, Inc. v. Gloria A. Arthur, 1 highlights the dangers contractors face when contracts lack essential legal elements. This ruling serves as a cautionary tale for insurance restoration contractors and roofers … The post Roofers and Restoration Contractors Need to Nail Down Contract Terms: Unenforceable Agreements in the Insu

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Streamline Insurance Claims Management By Analyzing Legal Trends

Insurance professionals use Trellis to streamline claims management by analyzing legal trends, predicting outcomes, and strategizing effectively to serve clients better. Adjusters can evaluate claim validity, estimate settlement amounts, and identify potential litigation risks. Trellis' extensive State Trial Court Data can be leveraged to identify opposing/outside counsel and top mediators for insurance matters, evaluate the risk of new claims by viewing similar claim litigation history, and mor

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Oklahoma Seeks Contractors, Evaluators for Fortified Homes Program

Insurance Journal

The Oklahoma Insurance Department is seeking applications from contractors and evaluators to participate in the Strengthen Oklahoma Homes program (SOH).

Insurance 246

More Trending

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Iowa Roofer Ordered to Cease Unlicensed Public Adjuster Services

Insurance Journal

An Iowa roofing company has agreed to a consent order to stop promoting itself as a public adjuster or providing any public adjuster services on its websites, social media pages and advertisements.

Insurer 246
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5 Clear Signs It’s Time to Consider a Website Redesign

Word & Brown

If you havent updated your website recently, it may be time to take a closer look. You need to evaluate whether your site is doing its job effectively. Is it helping you attract new customers and serving the needs of your current customers? When to Redesign Your Insurance Website Below are five considerations. 1: Technical Red Flags Look at how long it takes your website to load pages.

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How Accountants Provide Frontline Defense Against Cybercrime

Insurance Journal

Once considered to be simply “bean counters,” accountants now play an important role in the defence, investigation and protection against cybercrime.

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UMBRELLA INSURANCE EXPLAINED FOR NJ FAMILIES

Boyle Agency Insurance

What Is Umbrella Insurance? Bogle Agency Insurance offers Umbrella Insurance to clients in NJ who want additional liability coverage beyond the limits of existing policies. Following is Umbrella Insurance explained for NJ individuals and families. Umbrella Insurance is a type of liability insurance that provides coverage over and above what your existing insurance provides.

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People Moves: Rokstone Taps Hogarth From Castel for Direct & Facultative Property Team; Arch Insurance Taps Laazaouzi From CNA Hardy as Senior Casualty U/W in France

Insurance Journal

This edition of International People Moves details appointments at the re/insurance MGA Rokstone and Arch Insurance. A summary of these new hires follows here.

Insurance 246
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Creating a Home Inventory

TGS

TGS Insurance Blog Creating a Home Inventory: Why Its the Key to Smart Insurance Planning Think about this for a moment: If your home were affected by a fire, theft, or natural disaster, could you list every item you own from memory? Most people cant. Thats where a home inventory comes in. Not only does it help you keep track of your belongings, but it also plays a critical role in ensuring youre adequately insured.

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International, Domestic Insurers Push Into Catastrophe-Hit US Property Markets

Insurance Journal

International and domestic insurers are pushing into the U.S. market for hard-to-protect homes, charging high premiums and enjoying strong profits after some U.S. firms pulled out.

Premium 246
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The Annual Business Insurance Checklist: Is Your Coverage Up to Date?

Mark Jackson Insurance Agency

Business owners reviewing documents by Artem Podrez As the end of the year approaches, many business owners take the time to reflect on their accomplishments and plan for the future. While preparing for the year ahead, its easy to overlook one critical aspect of business planning: your business insurance coverage. Whether your company experienced growth, faced new challenges, or maintained steady operations, your insurance needs may have changed.

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CRC Group Acquires Florida Wholesaler SLB Insurance Group

Insurance Journal

CRC Group, one of North America’s leading independent wholesale specialty insurance distributors, has acquired SLB Insurance Group, a binding authority operation with offices in Florida and Louisiana.

Insurance 246
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Europe agrees insurance crackdown on Russia’s ‘dark fleet’

Elmore

Tankers carrying Russian oil must show they have adequate cover when passing through European waters The post Europe agrees insurance crackdown on Russias dark fleet appeared first on Elmore Insurance Brokers.

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Advocacy Groups Ask FIO to Release Homeowners Insurance Data Collected by NAIC

Insurance Journal

A coalition of consumer, environmental, and fair housing groups have called upon the Treasury’s Federal Insurance Office to release homeowners insurance data before it may be too late.

Insurance 246
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Protecting Fine Art, Collectibles in California

Distinguished

The Golden State, known for its cultural diversity and creative industries, is a hotspot for fine art and collectibles and boasts a wealth of valuable collections among individual collectors. Protecting these assets in the state requires specialized insurance solutions considering earthquake and wildfire risks. Distinguished Offers New Capacity, Appetite in California The entry of Distinguisheds Fine Art and Collectibles program into California represents a significant opportunity for collectors

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Allianz Withdraws $1.63B Offer for Singapore’s Income Insurance

Insurance Journal

German insurer Allianz has withdrawn its offer to acquire at least 51% of Singapore’s Income Insurance for about $1.63 billion, the company said in a statement on Monday. Reuters reported on Dec.

Insurance 246
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Blog Post: Yale Law Clinic and Partners Publish Report on Family Separations at U.S. Border

LexisNexis

Yale Law, Dec. 16, 2024 "As many as 1,360 children have never been reunited with their parents six years after the United States government forcibly separated them at the U.S. border, according to the Department of Homeland Security. Efforts by the U.S. to help separated families have not adequately reckoned with the severe harm inflicted on them, Human Rights Watch , the Texas Civil Rights Project (TCRP), and the Lowenstein International Human Rights Clinic at Yale Law School said in a rep

Crime 45
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Cyber Attack Shuts Down Rhode Island’s Social Services Portal

Insurance Journal

The state of Rhode Island is dealing with a cyber attack that has shut down a portal citizens use to access health insurance and other social services.

Cyber 246
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The Impact of the Cleo File Transfer Alert | December 2024

Corvus

Cleo customers could be at risk due to a critical security flaw. Here's what you need to know.

Risk 40
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Largest Miss. Seafood Company Sentenced for Mislabeling Fish as Local

Insurance Journal

GULFPORT, Miss.

Premium 246
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Blog Post: What's New in Practical Guidance - November 2024 Updates

LexisNexis

In November 2024, LexisNexis has introduced a range of new and updated resources across various practice areas, enhancing the Practical Guidance platform for legal professionals. These additions aim to provide comprehensive support and insights into emerging legal trends and requirements. To view these resources, sign in or take a free trial today! Cross-Practice Area Resources A significant update is the introduction of Environmental, Social, and Governance (ESG) training presentations for empl

Policy 40
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Ruling on Field Stands: Philadelphia Eagles Denied Covid-19 Insurance Claim

Insurance Journal

The Philadelphia Eagles football team has lost its bid for federal court reconsideration of the dismissal of the team’s claim for insurance coverage for COVID-19 losses.

Claim 246
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Why Cyber Liability Insurance Matters for Business Owners and Commercial Property Investors in Plano, TX

Paragon Independent Insurance Agencies

As cyberattacks become increasingly prevalent worldwide, it’s crucial for business owners and commercial investors in Plano, TX, to consider cyber liability insurance. Cyber liability insurance from Paragon Independent Insurance Agency can provide the safeguard you need to protect your investments, assets, and reputation where traditional insurance policies may fall short.

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Louisiana Home Care Companies to Pay $355K in Back Wages

Insurance Journal

More than 100 people working as home care companions will receive their share of nearly $355,000 in back wages and damages after investigations by the U.S.

Damage 246
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Blog Post: Free Webinar, Dec. 17, 2024 - The Biden Legacy on Immigration: A Complex Picture

LexisNexis

MPI When: Tuesday, December 17, 2024 11:30 A.M. ET (New York, D.C.) / 10:30 A.M. CT (Chicago) / 9:30 A.M. MT (Denver) / 8:30 A.M. PT (Los Angeles) Where: MPI Webinar Speakers: Muzaffar Chishti , Senior Fellow, MPI Marielena Hincapié, Distinguished Immigration Scholar, Cornell Law School Rafael Bernal , Staff Writer, The Hill Kathleen Bush-Joseph , Policy Analyst, MPI Colleen Putzel-Kavanaugh, Associate Policy Analyst, MPI Moderator: Doris Meissner , Senior Fellow and Director, U.S.

Policy 49
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Stricken Oil Tankers Show Risks of Russia’s Aging ‘Shadow Fleet’

Insurance Journal

Russian authorities sought to limit the damage on Monday from oil spilled into the Kerch Strait by two aging tankers that were damaged during a heavy weekend storm, highlighting the environmental and insurance risks of Russia’s “shadow fleet.

Risk 245
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Blog Post: A Working-Class History of Fighting Deportations

LexisNexis

David Bacon, Jacobin, Dec. 2024 "The US working class has a long tradition of standing up against immigrant repression. This history is a reservoir of inspiration and strategic thinking and it can help immigrant workers and communities confront Donald Trumps promised wave of repression." SEIU janitors from San Francisco and Los Angeles demonstrated in support of AB 450, a bill to protect workers during immigration raids and enforcement actions, in March 2024.

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Swiss Insurer Helvetia’s Cost-Saving Plans Will Impact About 500 Jobs: CEO

Insurance Journal

Swiss insurer Helvetia plans to cut jobs and relocate some workers as part of an efficiency program aimed at saving about 200 million francs ($224 million) over the next three years.

Insurance 245
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Lloyd’s of London Trade Body Examines Planned Conduct Overhaul

Insurance Journal

Lloyd’s of London members have set up a working party to examine the commercial insurance market’s plans to overhaul its conduct rules, a trade body said on Friday, following criticism of the strengthened powers in the new rules.

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NTSB: Turbulence Hit Hawaiian Air Flight Due to Decision to Fly Over Storm Cell

Insurance Journal

A Hawaiian Airlines flight crew’s decision to fly over a hazardous storm cell instead of deviating around it was the probable cause for hitting severe turbulence that injured passengers and crewmembers in 2022, the National Transportation Safety Board said in …

Liability 242
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Unlocking Efficiency in Life Insurance Renewals:

Insurance Journal

This post is part of a series sponsored by AgentSync. The Hidden Cost of Manual License Verifications Keeping insurance producers’ licenses and appointments compliant is a critical responsibility shared by nearly everyone in the insurance distribution channel.