Insurance Journal
AUGUST 20, 2024
Grenada has become the first country in the world to use a so-called hurricane clause in a government bond – a special feature that allows authorities to postpone debt payments in the wake of a major natural disaster.
Property Insurance Coverage Law
AUGUST 20, 2024
The Golden Rule is often a good gauge of propriety and ethics. If good ole insurance defense attorney Steve Badger called me and said, “Chip, guess what? I saved you a bunch of time, effort and cost. I sent an email to a judge, and he appointed the umpire to our client’s insurance appraisal,” most … The post Is It Proper or Ethical to Race to Get an Umpire Appointed Without Informing the Other Party?
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Insurance Journal
AUGUST 20, 2024
An upstate New York jury has awarded more than $287 million in punitive damages and other compensation to a man and the estate of his deceased girlfriend following a fatal accident involving their Harley-Davidson “trike” motorcycle.
Property Insurance Coverage Law
AUGUST 20, 2024
Citizens Property Insurance rates are going up. An article in the Miami Times, Citizens Looks to Hike Insurance Rates 14%, explains one reason why the rates are rising even more: The insurer of last resort in Florida isn’t meant to be competitive. But if it were, its average premium for regular homeowner’s insurance would have to … The post Florida Property Insurance Rates and Premiums Are Going Up Even More: All United States Property Insurance Premiums Are Rising appeared fir
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Insurance Journal
AUGUST 20, 2024
Texas is facing its biggest test of the summer this week to keep the power on — and air conditioners running — as temperatures hit triple digits and push electricity consumption to all-time highs.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
AUGUST 20, 2024
A federal judge ruled the US Federal Trade Commission can’t enforce its near-total ban on noncompete agreements that was set to go into effect next month, blocking an effort by the agency to make labor markets more competitive.
Zywave
AUGUST 20, 2024
Boost your bottom line and simplify your agency operations. Streamline account management and effortlessly handle complex commission tracking with BrokerageBuilder.
Insurance Journal
AUGUST 20, 2024
US firms have warned that parts of a proposed cyber law could grant the Hong Kong government unusual access to their computer systems, highlighting the latest challenge to Western tech giants in the city.
Wren Insurance Agency
AUGUST 20, 2024
Today nearly a dozen different car insurance carriers offer a "safe driving" program for customers that elect to participate. These optional programs typically include either a plug-in telematics device that you temporarily install in your car, or a mobile phone app that you download. These programs record your driving habits from as little as 30 days to the full length of your policy and feed that driving information to the carrier about things like miles driven, average speed, acceleration and
Advertiser: Trellis
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
Insurance Journal
AUGUST 20, 2024
Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Anthony James Insurance Brokers, subject to regulatory approval. Financial details of the transaction were not disclosed.
R&R Insurance
AUGUST 20, 2024
As we celebrate National Immunization Awareness Month in August, it is crucial to recognize the significant impact of vaccines in preventing diseases among adults aged fifty and older. The Adult Vaccine Access Coalition reveals that the United States allocates a staggering twenty-six and a half billion dollars annually towards combating four vaccine-preventable illnesses: Influenza (flu), Pneumococcal disease, Pertussis (Whooping Cough), and Shingles.
Insurance Journal
AUGUST 20, 2024
Morgan Stanley International chairman Jonathan Bloomer is among those confirmed missing by Italian authorities along with British tech entrepreneur Mike Lynch after the luxury yacht they were on board sank off the coast of Sicily early Monday.
Shield Insurance Agency
AUGUST 20, 2024
Shield Insurance Blog | Small Insurance Claims | Contact Our Sales Team! Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. Many policyholders may be tempted to file a claim for every little incident in the belief that their insurance policy will cover all damages.
Insurance Journal
AUGUST 20, 2024
Commercial property/casualty premium increases in the second quarter 2024 were flat or down from the previous quarter for all lines of business—evidence of a softening insurance market, according to The Council of Insurance Agents & Brokers (CIAB) quarterly survey.
Zywave
AUGUST 20, 2024
There are many reasons why miEdge is Your Ultimate Unfair Advantage. One of those is flexibility. There are plenty of ways to gather the industry-leading data, insights, and advanced filtering capabilities unique to miEdge. So, no matter your workflow requirements or tech stack configuration, miEdge can provide a boost.
Insurance Journal
AUGUST 20, 2024
Losses in Puerto Rico from Hurricane Ernesto are expected to be absorbed by the island’s domiciled insurers, according to industry rating AM Best.
Elmore
AUGUST 20, 2024
Former Prudential chief executive was on board sunken yacht with Mike Lynch The post Jonathan Bloomer: missing City executive who played cameo role in Autonomy trial appeared first on Elmore Insurance Brokers.
Insurance Journal
AUGUST 20, 2024
Marsh, the insurance broker and Marsh McLennan subsidiary, announced the launch of a first of its kind $50 million port blockage insurance facility, covering shipping ports and terminals around the world.
LexisNexis
AUGUST 20, 2024
In your corporate legal department, what is the legal intake process for receiving work from business stakeholders throughout the company? Perhaps you have a tried-and-true methodology that works extremely well, or, you’re testing the waters with a legal intake process that feels clunky and inefficient. Regardless, every corporate legal department needs an efficient way to manage inbound requests from all business units, assess whether the legal work requires assignment to the legal team, and de
Insurance Journal
AUGUST 20, 2024
Las Vegas set a heat record of 117 degrees Fahrenheit (47.2C) in 1942, and for 82 years no weather system could budge it. Thermometers registered the same temperature four more times, all since 2005, without setting a new high.
LexisNexis
AUGUST 20, 2024
Cornell Law School Wednesday, November 20, 2024, 1pm EST "Immigration will be a key issue in 2025. Everyone agrees that we have a broken immigration system, but people disagree on the solutions. Congress is paralyzed. Presidents try executive actions but are sued. Federal courts seem to be the final arbiters of immigration policy these days. In the meantime, employers face labor shortages.
Insurance Journal
AUGUST 20, 2024
Taiwan’s CTBC Financial Holding Co. said it plans to buy smaller rival Shin Kong Financial Holding Co., a move that could form the island’s largest financial conglomerate.
LexisNexis
AUGUST 20, 2024
Melissa del Bosque, The Border Chronicle, Aug. 20, 2024 "While he lived, Eduardo "Eddie" Canales saved countless lives in the remote South Texas ranchlands. A statewide center in Texas to identify missing migrants would be a fitting legacy." Eduardo “Eddie” Canales next to a water station he maintained in Brooks County, Texas in 2016.
Insurance Journal
AUGUST 20, 2024
Litigation that seeks to win Medicare reimbursements from insurance companies has become a huge business over the last decade, making one Miami lawyer a billionaire and causing expensive, ongoing legal headaches for property-casualty insurers.
LexisNexis
AUGUST 20, 2024
OFLC, Aug. 15, 2024 "The Office of Foreign Labor Certification (OFLC) has released a comprehensive set of public disclosure data (through the third quarter of fiscal year 2024) drawn from employer applications requesting prevailing wage determinations and labor certifications for the PERM, LCA (H-1B, H-1B1, E-3), H-2A, H-2B, CW-1, and Prevailing Wage programs.
Insurance Journal
AUGUST 20, 2024
Thunderstorms are forecast across the Mediterranean from Corfu to Sicily, where a luxury yacht sank off the coast on Monday after being struck by a waterspout, a form of tornado.
LexisNexis
AUGUST 20, 2024
Few people today recall the 1963 failure of automaker Studebaker and the resulting loss of workers’ pensions. It started the buzz about the state of pension law in the United States with many issues to be resolved. For example, before ERISA, employers could adopt plans in which short breaks in service resulted in a loss of accumulated vesting service.
Insurance Journal
AUGUST 20, 2024
Insurance Australia Group said on Wednesday it expects premiums to keep rising because of a huge jump in loss claims and third-party costs for home and automobile repairs, sending its shares more than 3% lower.
LexisNexis
AUGUST 20, 2024
Do you need to help employers manage their immediate crisis response across a range of key risks, including ensuring that the business continues to run during an emergency or crisis? Start with our Crisis Response and Business Continuity Resource Kit , which summarizes and links to relevant Practical Guidance content. Read now » Related Content Business Continuity and Emergency Planning Review guidance on business continuity plans, also known as disaster recovery plans.
Insurance Journal
AUGUST 20, 2024
The city of Baltimore has reached a $152.5 million settlement with Cardinal Health to resolve the city’s claims against the opioid distributor related to its role in the opioid epidemic. Baltimore Mayor Brandon M.
LexisNexis
AUGUST 20, 2024
Three of the most important words in a lawyer's lexicon are "book of business." And contrary to a common belief, there is no set personality type for a rainmaker. Even if you’d rather avoid the golf course, it is still possible to build a large book of business. Check out our expert’s practice note on building your presence as a thought leader, marketing your practice, and networking without draining your social battery.
Insurance Journal
AUGUST 20, 2024
Ryan Specialty said it has signed a definitive agreement to acquire certain assets of Greenhill Underwriting Insurance Services from Alera Group, Inc. Terms of the deal were not disclosed.
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