Insurance Journal
NOVEMBER 8, 2024
The floods that devastated the Spanish region of Valencia at the end of last month are expected to trigger total insurance losses in excess of €3.5 billion ($3.8 billion), Moody’s estimates.
Property Insurance Coverage Law
NOVEMBER 8, 2024
On December 30, 2021, Coloradans in Boulder County experienced the most devastating and destructive wildfire in the state’s history. It is estimated that the Marshall Fire totally destroyed no less than 1,084 homes, and damaged thousands more with penetrating toxins of smoke, ash, char, and soot. Sadly, almost three years after the Marshall Fire caused … The post Policyholders, Public Adjusters, and Contractors Beware!
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Insurance Journal
NOVEMBER 8, 2024
Florida’s Citizens Property Insurance Corp. has lifted its suspension on binding of policies as Hurricane Rafael turned away from Florida and was tracking toward Mexico and was expected to weaken.
LexisNexis
NOVEMBER 8, 2024
By: Melissa Morrison , Director of Segment Management, LexisNexis Two years ago, the generative artificial intelligence (Gen AI) revolution was born with the commercial launch of ChatGPT in November 2022. Other leading tech companies quickly joined with the rollout of their own general purpose Gen AI tools and the race was on. LexisNexis quickly pioneered the use of Gen AI for legal research and analysis with the introduction of Lexis+ AI ™ in October 2023.
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Insurance Journal
NOVEMBER 8, 2024
ELKINSVILLE, La. (AP) — A dispute over a planned ammonia plant near a historic Black town in southeastern Louisiana ratcheted up a notch with a challenge to the state’s approval process.
EverQuote
NOVEMBER 8, 2024
What’s the biggest mistake you’ve made with your insurance agency? We polled a number of experienced agents and asked them to share with us their answers to this question, and, fortunately for you, we got some amazing replies!
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
R&R Insurance
NOVEMBER 8, 2024
November is National American Diabetes Month. According to the Centers for Disease Control, over thirty-four million U.S. adults are affected by some form of Diabetes. Diabetes exists in two types: type one and type two. Type one Diabetes is an autoimmune condition where the body attacks insulin-producing cells in the pancreas, leading to a lack of insulin.
Insurance Journal
NOVEMBER 8, 2024
Hannover Re announced that Chief Executive Officer Jean-Jacques Henchoz (60) is stepping down and will be replaced by the current chief financial officer, Clemens Jungsthöfel (54).
PSM Brokerage
NOVEMBER 8, 2024
Source: HealthSherpa CMS covered their new rules around Consent and Review for all marketplace enrollments at their CMS Summit for Agents and Brokers. These rules build upon the existing rules that were outlined in the 2022 Understanding Marketplace Compliance Rules & Regulations slides, as well as the various FAQs that address Consent and PII rules and regulations.
Insurance Journal
NOVEMBER 8, 2024
Insurtech Hippo said it has sold a majority stake in First Connect Insurance Services, a digital platform for independent agents. The buyer is private equity fund Centana Growth Partners, who with Hippo shares Palo Alto, California as home.
Zywave
NOVEMBER 8, 2024
Content Cloud features a library of over 8,000 highly authoritative content resources written and vetted by subject matter experts. The available tools and resources focus on all major lines of insurance: commercial lines, employee benefits, and personal lines. Topics include compliance, risk management, cyber liability, human resources, wellness, employee benefits education, and much more.
Insurance Journal
NOVEMBER 8, 2024
An area along Florida’s west coast including affluent Sarasota is seeing the worst home price declines since the aftermath of the Great Recession, as the region recovers from hurricanes and faces rising inventory.
PSM Brokerage
NOVEMBER 8, 2024
A Guide for Insurance Agents Navigating the Medicare market as an insurance agent means not only understanding your products but also ensuring that every interaction with clients meets Medicare’s strict compliance standards. The Centers for Medicare & Medicaid Services (CMS) establishes these guidelines to protect consumers and ensure they receive accurate, fair, and transparent information.
Insurance Journal
NOVEMBER 8, 2024
Insurance broker WTW announced the launch of ResQ Machine-led Reserving, which WTW describes as a game-changing technology for insurers and reinsurers to enhance accuracy and efficiency in property/casualty reserving.
Protect Commercial Insurance
NOVEMBER 8, 2024
Introduction Running a business comes with its fair share of expenses, and one of those is commercial insurance. While essential, costs can add up quickly, putting pressure on your bottom line. The good news? You can cut costs without sacrificing coverage. This guide will teach you practical ways to save money on your commercial insurance. By understanding your policy needs, shopping around, and exploring available discounts, you can effectively manage insurance premiums and keep your business f
Insurance Journal
NOVEMBER 8, 2024
The world was hit by so many floods and landslides in 2024 that it triggered the aid sector’s first multi-disaster insurance pay-out, the Red Cross told Reuters, signaling both the scale of the problem and the need for new financing …
LexisNexis
NOVEMBER 8, 2024
Texas v. US : "The court declares that defendants lack statutory authority under 8 U.S.C. § 1182(d)(5)(A) itself (as opposed to under other provisions modifying or supplementing that authority) to grant parole “in place” to aliens, as that term is used in the final agency action published at 89 Fed. Reg. 67,459 (Aug. 20, 2024) (“Implementation of Keeping Families Together”), or to deem parole “in place” as used there to be parole “into the United States” for purposes of 8 U.S.C. §
Insurance Journal
NOVEMBER 8, 2024
NFP, the Aon company and international insurance brokerage and consulting firm, announced it has acquired HC Financial, a financial planning and corporate employee benefits advisory business based in Galway, Ireland. Financial details of the deal were not disclosed.
LexisNexis
NOVEMBER 8, 2024
By Thomas A. Robinson, Co-Editor-in-Chief, Workers’ Compensation Emerging Issues Analysis ( LexisNexis ) (This article is excerpted from the upcoming 2024 Edition of Workers’ Compensation Emerging Issues Analysis (LexisNexis). Section numbers below refer to the text in that book. To preorder, call Customer Service at 1-800-543-6862, or preorder online here.
Insurance Journal
NOVEMBER 8, 2024
North Dakota voters defeated a measure calling for the legalization of recreational marijuana. The outcome of the proposal wasn’t clear until Wednesday morning.
PSM Brokerage
NOVEMBER 8, 2024
Financial market upheavals and bank instability have left Americans feeling uncertain about the safety of their money. Recent failures of large banks have had a mobilizing effect on investors nationwide. American consumers, now fearful of depositing money into their once-trusted bank accounts, are in search of safe havens for their money. But it wasn’t just the recent banking failures that caused concern.
Insurance Journal
NOVEMBER 8, 2024
A Southern California wildfire that was driven by high winds has destroyed at least 132 structures and forced more than 10,000 people to evacuate. The fire in Ventura County has burned 20,596 acres and is 7% contained.
LexisNexis
NOVEMBER 8, 2024
Angelo A. Paparelli, Nov. 7, 2024 "The voters have spoken. President-elect Donald Trump is heading back to the White House and majority GOP-control in the Senate has been secured (but House control remains uncertain). Mobility professionals should therefore take immediate proactive measures in the runup to January 20. The steps suggested below, we believe, will demonstrate to the company’s leaders and to its noncitizen workers that effective strategies are in place to deal with the uncertai
Insurance Journal
NOVEMBER 8, 2024
A small fire burning in New Jersey’s Bergen County has sent smoke wafting across the Hudson River into New York City. Firefighters have a 19-acre (7.
Insurance Journal
NOVEMBER 8, 2024
As a deadly storm bore down on Valencia on Oct. 29, the regional president was attending a ceremony to recognize his work on sustainable tourism.
Insurance Journal
NOVEMBER 8, 2024
A man who was recently fired from his job at Navy Pier returned to the Chicago tourist attraction and killed two workers before fleeing, police said.
Insurance Journal
NOVEMBER 8, 2024
You can’t go anywhere without hearing about the impact of generative artificial intelligence on … well, everything.
Insurance Journal
NOVEMBER 8, 2024
Norfolk Southern sparked renewed concerns about flaws being missed during railcar inspections when it told employees this week they should spend no more than a minute looking at each car.
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