Insurance Journal
SEPTEMBER 24, 2024
Austria’s national railways will need months to restore the country’s busiest train line after catastrophic floods wrecked infrastructure, throttling the capacity to move people and goods.
Property Insurance Coverage Law
SEPTEMBER 24, 2024
In a significant move to protect policyholders, the Michigan Department of Insurance and Financial Services (DIFS) issued a groundbreaking bulletin that explicitly prohibits insurers from depreciating labor costs when calculating actual cash value (ACV) in homeowner insurance claims. 1 This decision aligns Michigan with a growing number of states taking action to ensure fair claim … The post Michigan Takes a Stand: New Bulletin Prohibits Depreciation of Labor Costs in Property Insurance Cl
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Insurance Journal
SEPTEMBER 24, 2024
Elon Musk lost a legal fight over unpaid severance to a former Twitter employee who was laid off when he took over the social media platform in 2022, according to a memo obtained by Bloomberg News.
Insurance Marine News
SEPTEMBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Indonesian-flagged cargo vessels collide appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 24, 2024
Six British water companies under-reported sewage discharges and overcharged millions of customers up to 1.5 billion pounds ($2 billion) as a result, lawyers bringing a landmark lawsuit told a London tribunal on Monday.
Insurance Marine News
SEPTEMBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Bayesian’s builder has lawyers investigating possible reputational damage appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 24, 2024
The Results Companies, LLC, a services outsourcing firm, violated federal law when it refused to provide a reasonable accommodation for a blind call center employee and then fired her, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
SEPTEMBER 24, 2024
Despite several early blazes and one of the state’s largest so far, experts worry California’s wildfire season could get worse when the seasonal winds responsible for fanning some of the biggest fires arrive.
Insurance Marine News
SEPTEMBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post OSHA fines Ohio shipyard: cites several violations in March 2024 fire appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 24, 2024
A much higher percentage of insurance chief executives say that generative AI is a top investment priority for their firms than peers in other industries, according to a survey report published by professional services firm KPMG.
Insurance Marine News
SEPTEMBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post VLCCs and suezmaxes move over to products carrying appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 24, 2024
Purdue Pharma LP said its making progress in settlement talks with members of the Sackler family who own the company and won another extension of a breathing spell that’s shielded the family from civil lawsuits for years.
Splash: Finance and Insurance
SEPTEMBER 24, 2024
Nasdaq-listed Greek bulker outfit Icon Energy has built up financial firepower for future vessel acquisitions as it takes delivery of its first-bought kamsarmax since its IPO earlier this year. The Ismini Panagiotidi-led company said it has about $75m ready for potential fleet expansion as part of a $91.
Insurance Journal
SEPTEMBER 24, 2024
A Kansas county said it found unauthorized access and acquisition of personal information maintained by the bounty, including protected health information related to individuals who received services. Franklin County, located southeast of Kansas City, shared in a Sept.
Insurance Marine News
SEPTEMBER 24, 2024
(Note Tysers’ caveat on its figures, printed on September 19th in IMN at the beginning of the Gard summary). Managers Steamship P&I Management LLP Gross Tonnage Owned 124,000,000 Chartered 125,000,000 S&P Rating A Free Reserves 2024 540,300,000 2023 454,400,000 2022 473,600,000 2021 511,064,000 2020 515,342,000 X Tonnage By Vessel Type Bulkers 34%.
Insurance Journal
SEPTEMBER 24, 2024
A dozen Tufts University men’s lacrosse players have been diagnosed with a rare muscle injury after participating in a voluntary, supervised 45-minute workout that the team conducted, a university spokesperson said Friday.
Zywave
SEPTEMBER 24, 2024
Get insight into the developments and trends you need to be watching for the second half of 2024 for industries including commercial auto, commercial property, cyber, employee benefits and more.
Insurance Journal
SEPTEMBER 24, 2024
SureChoice Underwriters Reciprocal Exchange in partnership with SageSure launched a non-admitted business owners policy in California. The program will service more than 400 business classes across eight industries, including restaurants, offices, wholesale, habitational, lessor risks, retail, service, and artisan contractors.
LexisNexis
SEPTEMBER 24, 2024
Legal departments face an ever-increasing workload. With a shrinking world, the complexity of legal matters shows no signs of abating. Effective management of legal matters is crucial for ensuring compliance, mitigating risks, and optimizing resource allocation. That’s why ensuring that the benefits of legal matter management software come into play.
Insurance Journal
SEPTEMBER 24, 2024
CHICAGO (AP) — More than 200 men and women were sexually abused as children while in custody at juvenile detention centers in Illinois, according to lawsuits filed Monday, the latest in a string of complaints alleging decades of systemic child …
Insurance Marine News
SEPTEMBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Smuggler ship sunk to create Ireland’s first artificial reef appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 24, 2024
It was just another overnight shift for Damon Davis, a road construction inspector who was supervising repairs on Baltimore’s Francis Scott Key Bridge — until the deck beneath his feet started crumbling.
Insurance Marine News
SEPTEMBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Ships still running STS operations for oil off Greek south coast appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 24, 2024
First responders in a Massachusetts city had to exercise some impromptu roundup skills when eight bulls escaped from a rodeo being held in the parking lot of a mall on Sunday.
Insurance Marine News
SEPTEMBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 24th September 202 appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 24, 2024
A Maine man damaged 75 vehicles at an automobile dealership, smashing windows and denting hoods of vehicles before he was arrested, police said. The 25-year-old man from Auburn was charged with aggravated criminal mischief early Sunday, police said.
Insurance Marine News
SEPTEMBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Red Sea insurance costs soar, again appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 24, 2024
The state of Maryland is suing the owner and operator of the Dali cargo ship that caused the collapse of Baltimore’s Francis Scott Key Bridge in March, joining the U.S.
LexisNexis
SEPTEMBER 24, 2024
IRHTP, PLS, Sept. 2024 "Consistent complaints over the last twenty-five years reveal a disturbing pattern of systemic abuse and mistreatment of ICE detainees at Plymouth County Correctional Facility. Drawing on formal and informal investigations and inquiries, reviews by outside agencies and documented internal grievances, this report by Boston University School of Law’s Immigrants’ Rights and Human Trafficking Program (“IRHTP”) and Prisoners’ Legal Services of Massachusetts (“PLS”) reveals
Insurance Journal
SEPTEMBER 24, 2024
Californians for the past 54 years have relied on the state’s “lemon law” to fight back against car makers that sell them defective vehicles.
Simply Insurance
SEPTEMBER 24, 2024
Get affordable travel insurance quotes and apply online for instant coverage, no need for an agent.
Insurance Journal
SEPTEMBER 24, 2024
SALINA, Kansas (AP) — A JetBlue flight from New York to San Diego landed safely in Kansas after the crew received an alert about smoke in the cargo area, authorities said.
LexisNexis
SEPTEMBER 24, 2024
Private equity transactions refer to investments (and the sale or disposition of those investments) made by pooled investment vehicles (a private equity fund, venture fund, or other group of institutional investors) in the non-publicly traded securities issued by businesses or assets at varying stages of development. Tax issues abound at the fund, general partner/manager, investor, and portfolio levels when structuring a private equity investment product.
Insurance Journal
SEPTEMBER 24, 2024
Brady Kelley, president and CEO of the Wholesale & Specialty Insurance Association, said the organization has been doing a lot to promote the E&S segment in hopes of attracting talent “There is no doubt a real race for talent in …
LexisNexis
SEPTEMBER 24, 2024
This month, the EPA extended the reporting deadline for PFAS manufacturers and importers, pushing the beginning of the reporting period from November 12, 2024, to July 11, 2025. See the PFAS Key Development Tracker for more information on this and other PFAS state and federal regulatory changes. Read now » Related Content Climate Change Resource Kit Learn more about climate change concerns, including effects on the construction industry, insurance premiums, and state legislation.
Insurance Journal
SEPTEMBER 24, 2024
The soaring cost and difficulty of insuring against climate risks may force people to relocate, the head of Canada’s main financial regulator warned.
LexisNexis
SEPTEMBER 24, 2024
In the United States, federal and state banking laws and the regulations promulgated by federal and state banking regulators provide a comprehensive system that regulates and supervises the activities of banking institutions, including their M&A activities. As a result, banks are most often acquired by other banks, bank holding companies, and financial holding companies.
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