Insurance Journal
OCTOBER 2, 2024
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.
Property Insurance Coverage Law
OCTOBER 2, 2024
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
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Insurance Journal
OCTOBER 2, 2024
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.
Neilson Marketing Services
OCTOBER 2, 2024
In today’s digital age, the frequency and sophistication of cyberattacks are escalating at a staggering pace. Once every 11 seconds , somebody falls victim to a cyberattack, and in 2024 alone, six in 10 businesses have suffered a ransomware attack. For businesses in the insurance sector, which handles vast amounts of sensitive client data, this threat is especially menacing.
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Insurance Journal
OCTOBER 2, 2024
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.
ProWriters
OCTOBER 2, 2024
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
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
ProWriters
OCTOBER 2, 2024
Modern businesses rely on cloud storage, connected digital devices, and online apps to serve their clients. As an insurance broker, you likely recognize that while these technologies drive business operations, they also increase vulnerability to cyber crime, making Cyber Insurance a necessity for your clients. Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging.
Insurance Journal
OCTOBER 2, 2024
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 …
Simply Insurance
OCTOBER 2, 2024
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?
Insurance Journal
OCTOBER 2, 2024
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.
EverQuote
OCTOBER 2, 2024
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.
Insurance Journal
OCTOBER 2, 2024
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.
R&R Insurance
OCTOBER 2, 2024
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.
Insurance Journal
OCTOBER 2, 2024
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.
Insurance Marine News
OCTOBER 2, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Operators of PS Dream fined $2m, captain goes to prison appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 2, 2024
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 …
Insurance Marine News
OCTOBER 2, 2024
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.
Insurance Journal
OCTOBER 2, 2024
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.
Insurance Marine News
OCTOBER 2, 2024
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.
Insurance Journal
OCTOBER 2, 2024
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.
Insurance Marine News
OCTOBER 2, 2024
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.
Insurance Journal
OCTOBER 2, 2024
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.
Insurance Marine News
OCTOBER 2, 2024
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.
Insurance Journal
OCTOBER 2, 2024
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.
Insurance Marine News
OCTOBER 2, 2024
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.
Insurance Journal
OCTOBER 2, 2024
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.
Insurance Marine News
OCTOBER 2, 2024
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.
Insurance Journal
OCTOBER 2, 2024
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.
Insurance Marine News
OCTOBER 2, 2024
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.
Insurance Journal
OCTOBER 2, 2024
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.
Insurance Marine News
OCTOBER 2, 2024
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.
Insurance Journal
OCTOBER 2, 2024
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.
LexisNexis
OCTOBER 2, 2024
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
Insurance Journal
OCTOBER 2, 2024
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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