Wed.Oct 02, 2024

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Agent Satisfaction With Insurers Holds Strong; Erie Tops for Personal Lines

Insurance Journal

Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power study, with commercial lines satisfaction reaching an all-time high. According to the J.D.

Agents 290
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The Regulatory Blind Spot: How Insurance Departments Fail to Detect Systemic Bad Faith Claims Practices

Property Insurance Coverage Law

Recent investigative reporting by CBS’s 60 Minutes, noted in CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Altered Hurricane Damage Estimates by Claims Management, has exposed alleged widespread underpayments of claims and unethical claims practices in Florida’s property insurance industry. This exposé raises serious questions about the effectiveness of state insurance regulators, particularly … The post The Regulatory Blind Spot: How Insurance Depart

Claim 237
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Helene Claims in Florida Already More Than 65,700 – Far More than Idalia

Insurance Journal

The number of property insurance claims in Florida from Hurricane Helene had topped 65,700 by Tuesday, far more than the 25,000 seen in Hurricane Idalia a year ago, the Florida Office of Insurance Regulation reported.

Claim 290
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How Much Is The Average Car Payment In America? Plus 21 Auto Loan Stats!

Simply Insurance

The average car payment in the United States is more than $550 per month, and the total auto loan debt in the country has reached more than $1.1 trillion?

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Global Insurers Fight London Court Battle Over Jets Seized in Russia

Insurance Journal

Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia since the invasion of Ukraine two years ago, lawyers for aviation lessors told a London trial on Wednesday.

Liability 290
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October is National Dental Hygiene Month

R&R Insurance

October is National Dental Hygiene Month. This month is dedicated to raising awareness about the importance of maintaining good oral health and the impact it has on overall wellbeing. The mouth is often referred to as the gateway to the body because it serves as an entry point for your digestive and respiratory systems. This means that the health of your mouth can significantly influence the health of your entire body.

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Arkansas Sues YouTube Over Claims That Site is Fueling Youth Mental Health Crisis

Insurance Journal

LITTLE ROCK, Ark. (AP) — Arkansas sued YouTube and parent company Alphabet on Monday, saying the video-sharing platform is made deliberately addictive and fueling a mental health crisis among youth in the state.

Claim 289

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Hybrid Jeep Owners Should Park Outside Pending Recall Fix, NHTSA Says

Insurance Journal

The U.S. National Highway Traffic Safety Administration said owners of 154,000 Jeep plug-in hybrid electric SUVs should park outside and away from buildings or other vehicles until they get recall repairs completed. Jeep-parent Stellantis on Sept.

Building 289
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Australia appoints independent inspector for live animal exports

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Australia appoints independent inspector for live animal exports appeared first on Insurance Marine News.

Marine 52
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California Wildfires Have Burned 1M Acres So Far This Year. Heat Wave Poses More Risk

Insurance Journal

The total acres burned in California this year surpassed 1 million as spiking temperatures this week added to the challenges facing firefighters struggling to contain a stubborn blaze in the mountains northeast of Los Angeles that flared up over the …

Risk 287
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Broken automatic control caused ferry injuries, says Swedish Accident Commission

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Broken automatic control caused ferry injuries, says Swedish Accident Commission appeared first on Insurance Marine News.

Injury 52
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AXA, Aircraft Lessor DAE Clinch Deal as UK Battle Over Jets ‘Seized’ in Russia Kicks Off

Insurance Journal

Aircraft lessor Dubai Aerospace Enterprise (DAE) has secured a settlement with insurer AXA over jets retained in Russia since the 2022 invasion of Ukraine, raising the prospect of further deals as a London High Court “mega trial” kicked off.

Insured 278
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New Aegean hub emerges for ship-to-ship transfers of Russian oil: Windward

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post New Aegean hub emerges for ship-to-ship transfers of Russian oil: Windward appeared first on Insurance Marine News.

Marine 52
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Virginia School Board Settles With Teacher Fired Over Trans Student’s Pronouns

Insurance Journal

A Virginia school board has agreed to pay $575,000 in a settlement to a former high school teacher who was fired after he refused to use a transgender student’s pronouns, according to the advocacy group that filed the suit.

Liability 278
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Port employers stand firm, US administration calls for negotiations

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Port employers stand firm, US administration calls for negotiations appeared first on Insurance Marine News.

Marine 52
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Black Man Sues Iowa Trucking Company for Alleged Hair Discrimination

Insurance Journal

A Black man alleges in a lawsuit that an Iowa trucking company fired him as a driver because he wouldn’t cut off his dreadlocks, the latest in a series of incidents across the country over an issue activists have dubbed …

Damage 275
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Panama Registry says it will automatically expel sanction busters

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Panama Registry says it will automatically expel sanction busters appeared first on Insurance Marine News.

Marine 52
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Miami Condo President Charged With Skimming $1.5 Million in Association Fees

Insurance Journal

The long-time president and engineer of an upscale Miami-area condominium remained in jail late Wednesday after he was charged with stealing $1.5 million in association fees over the last seven years.

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A Behind-the-Scenes Look at Data Breach Forensics

ProWriters

When a client experiences a data breach, the first move is obvious—find the entry point and stop the damage. But after the initial response , what’s next? Sure, you’ll need to assess the compromised data and financial losses, but to truly understand the breach and protect against future risks, data breach forensics is essential. Data breaches don’t just happen in a vacuum; they leave behind a trail of digital breadcrumbs that cyber forensic experts can follow to determine how, when, and why the

Cyber 52
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Amazon Hit With US Labor Board Complaint Over ‘Joint Employment’ of Drivers

Insurance Journal

Amazon.com has been accused by a U.S. labor board of illegally refusing to bargain with a union representing drivers employed by a contractor, the agency announced on Wednesday.

Claim 263
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Bulk carrier grounds in super typhoon off Taiwan

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Bulk carrier grounds in super typhoon off Taiwan appeared first on Insurance Marine News.

Marine 52
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Dellwood Insurance Says AIG’s ‘Ginned-Up Claims’ Must Be Dismissed

Insurance Journal

The legal squabble between American International Group (AIG) and a startup-up formed by some former employees continued this week with another filing from Dellwood Insurance Group in support of its motion to dismiss AIG’s claims. Dellwood, in a U.S.

Claim 264
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Crane operator reported as shot In Haiti

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Crane operator reported as shot In Haiti appeared first on Insurance Marine News.

Marine 52
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Insured Losses from Central European Floods Range From US$2.2B to US$3.4B: Verisk

Insurance Journal

Insured industry losses from the flooding in the Czech Republic, Poland and Austria in September 2024 will range from €2 billion (US$2.2 billion) to €3 billion (US$3.4 billion), according to Verisk, the data analytics and technology provider.

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American Club warns on project cargoes

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post American Club warns on project cargoes appeared first on Insurance Marine News.

Marine 52
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Modeler KCC Puts Privately Insured Losses at $6.4B From Helene

Insurance Journal

Karen Clark & Co., the well-regarded storm modeling and analytics firm, estimated that privately insured losses from Hurricane Helene will be about $6.4 billion – from wind, storm surge and inland flooding in nine states.

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What Are The Best Insurance Lead Companies For Producers? | EverQuote

EverQuote

If you’re considering buying leads to help boost your business, be aware that not all leads are created equal—and neither are the companies they come from.

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Markets/Coverages: Hub Int’l Forms Partnership With Largest Trucking Broker in Mexico

Insurance Journal

Hub International Ltd. (HUB), the Chicago-based insurance broker, announced an exclusive referral and broker program partnership throughout the U.S., Canada and Mexico with MAS Seguros, the largest trucking insurance broker in Mexico.

Broker 264
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Blog Post: Explainer: How Immigrants End Up on ICE’s Non-Detained Docket

LexisNexis

Sandra Sanchez, Border Report, Oct. 1, 2024 "Recent reports that over 435,000 convicted criminals are on U.S. Immigration and Customs Enforcement’s non-detained docket (NDD) — meaning they are not detained by the agency while they await immigration proceedings — has spurred much criticism and confusion. Border Report spoke with Aaron Reichlin-Melnick, senior fellow at the American Immigration Council, as well as DHS officials to try to clear up misconceptions about the NDD, and to explain w

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AM Best Revises Outlooks to Negative for Farmers Insurance of Flemington

Insurance Journal

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Farmers Insurance Company of Flemington.

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Blog Post: Extraordinary Ability Criteria Clarification - USCIS Policy Alert, Oct. 2, 2024

LexisNexis

USCIS, Oct. 2, 2024 "U.S. Citizenship and Immigration Services is issuing policy guidance in our Policy Manual to further clarify the types of evidence that we may evaluate to determine eligibility for extraordinary ability (E11) EB-1 immigrant visa classifications. This policy guidance: Confirms that we consider a person’s receipt of team awards under the criterion for lesser nationally or internationally recognized prizes or awards for excellence in the field of endeavor; Clarifies that w

Policy 45
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1 in 10 Tri-State Properties at High Flood Risk: New York Fed

Insurance Journal

Research by the Federal Reserve Bank of New York finds that nearly one million houses and multifamily buildings in New York, New Jersey, and Connecticut—one in 10 properties in the tri-state area—are at high risk of flooding.

Risk 264
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Blog Post: Free Webinar on Garcia Perez Settlement Agreement (Asylum EAD Clock)

LexisNexis

Northwest Immigrant Rights Project and National Immigration Litigation Alliance, Oct. 2, 2024 " FREE WEBINAR Today, Oct. 2 from 3-4pm Eastern, 2-3pm Central, 12-1 Pacific On September 26, a U.S. district court approved the settlement agreement in Garcia Perez v. USCIS , a nationwide class action regarding USCIS and EOIR policies preventing asylum seekers from obtaining authorization to work while their asylum claims are pending.

Policy 45
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Flooded Farms, Fouled Rivers, Dozens Dead: Helene’s Rising Toll

Insurance Journal

As historic floodwaters unleashed by Hurricane Helene recede across the US Southeast, the region faces a humanitarian, economic and ecological crisis of staggering scope, with effects likely to last years. Cotton crops on the verge of harvest have been flattened.

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Compare Online Condo Insurance Quotes & HO-6 Insurance!

Simply Insurance

Compare online condo insurance quotes fast for your HO6 Property. Discover the average cost of condo insurance.

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Stellantis’ $854 Million UK Lawsuit Over Airbag, Seatbelt Cartels Begins

Insurance Journal

Stellantis’ 771 million euro ($854 million) London lawsuit against two safety equipment makers began on Tuesday, with the European carmaker arguing long-running cartels led to it being overcharged for roughly a decade.

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Tysers P&I Club Review #11: London Club

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Tysers P&I Club Review #11: London Club appeared first on Insurance Marine News.

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