Fri.Aug 16, 2024

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The Shaky Ground Below Istanbul Is Getting People Worried

Insurance Journal

When Turkish lender Denizbank paid more than $350 million for the building that houses its headquarters in April, the purchase cemented the bank’s place in Istanbul’s most expensive commercial district.

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Can policy limitations or exclusions be disregarded as illusory?

Property Insurance Coverage Law

This question came up in the highly watched California Supreme Court case, John’s Grill v. Hartford. The doctrine of “illusory” coverage comes up from time to time in discussions but rarely, if ever, in case law. At least until recently, when a California appellate court thrust it front and center and applied it to a … The post Can policy limitations or exclusions be disregarded as illusory?

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Toxic Waste Bound for Thailand on Maersk, MSC Cargo Vessels to Return to Europe

Insurance Journal

Shipping containers bound for Thailand allegedly filled with tons of hazardous industrial waste from Albania are now slated to return to Europe, after environmental groups sounded the alarm they were being illegally exported to Southeast Asia. An A.P.

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Understanding the Emotional Aspects of Final Expense Sales: Connecting with Clients on a Personal Level

Final Expense Brokerage

Aug 15, 2024 3:43:42 PM Contact Us Share: Enhance your final expense sales with compassion and emotional intelligence. Final expense insurance goes far beyond merely covering funeral costs; it represents a promise of security and peace of mind during what is undoubtedly one of the most trying periods for any family. As an insurance agent, your role is not just transactional but deeply relational.

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People Moves: Skyward Specialty Hires Four Regional VPs and Two Underwriters

Insurance Journal

Skyward Specialty Insurance Group, Inc., headquartered in Houston, named four new regional vice presidents and two new underwriters. Skyward Specialty named Gregg Callahan regional vice president in its northeast region in New England.

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Meyer Werft looks for government lifeline

Splash: Finance and Insurance

The Papenburg-based shipbuilder Meyer Werft could be on its way to being taken over by the state of Lower Saxony and the German government to avoid going under. The situation in the shipyard, founded in 1795 and led by seven generations of the Meyer family, is a difficult one.

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Wildfire Near Athens Burns Area Nearly Twice the Size of Manhattan

Insurance Journal

A European Union satellite mapping agency says 104 square kilometers (40 square miles) of land was burned northeast of Athens this week during a deadly wildfire that gutted scores of homes and prompted multiple countries to send assistance.

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Ernesto Becomes Category 2 Hurricane as It Heads to Bermuda

Insurance Journal

Ernesto strengthened into a Category 2 hurricane as it plowed northward toward Bermuda, threatening to drench the British territory with heavy rain and unleash flash floods.

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Why Finding Homeowners Insurance in California is So Challenging in 2024:

Jackson & Jackson

California is known for its beautiful weather, stunning landscapes, and desirable living conditions. However, when it comes to homeowners’ insurance, the Golden State poses unique challenges for homeowners. In 2024, finding homeowners insurance in California has become increasingly difficult due to various factors. This guide aims to shed light on the basics of homeowners insurance, the challenges specific to California’s insurance market, the reasons why finding coverage is more cha

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Why Is Mpox an Emergency Again, and How Worried Should I Be?

Insurance Journal

The World Health Organization has declared that an outbreak of mpox, a viral infection that spreads through close contact, represents a global health emergency for the second time in two years. Here’s what that means.

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5 Reasons Why Word & Brown is the Ideal Partner for New Brokers

Word & Brown

When you’re starting out as an insurance sales professional, it’s important you align yourself with the right experts who will support you, your business, and your customers. Many brokers choose to partner with Word & Brown. Below are five of the reasons why we’re a great partner for new brokers: 1: Comprehensive support and unparalleled expertise: Word & Brown was founded nearly 40 years ago, and our focus has always been on providing brokers, your customers, our carrier partners, and e

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People Moves: NI Holdings, Inc. Appoints Launer Interim CEO

Insurance Journal

NI Holdings, Inc., headquartered in Fargo, North Dakota, named Cindy L. Launer as interim CEO. Michael J. Alexander has stepped down from his role as president and CEO and as a board member of the company.

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UK annuities on track for best sales in a decade

Elmore

Higher interest rates and new rules push people back to retirement products with guaranteed incomes The post UK annuities on track for best sales in a decade appeared first on Elmore Insurance Brokers.

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$7M Settlement Reached for Family of Man Fatally Shot by Ohio Sheriff’s Deputy

Insurance Journal

The family of Casey Goodson Jr., a Black man who was shot and killed by an Ohio sheriff’s deputy, will receive $7 million to settle a federal civil rights lawsuit over the December 2020 shooting.

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Boosting Client Retention with Zywave’s Client Cloud

Zywave

In today’s competitive market, client retention is more crucial than ever. Join us for an insightful webinar on how Zywave’s Client Cloud can revolutionize your client engagement strategies and significantly improve your retention rates. By integrating Zywave’s Client Cloud into your operations, you can build stronger, more lasting relationships with your clients.

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Oklahoma Printing Business Ordered to Pay $47K After Employee Was Called an Ape

Insurance Journal

Worldwide Printing and Distribution, Inc., doing business as ResourceOne, a Tulsa, Oklahoma commercial printing, direct mailing and direct marketing company, will pay $47,500 and furnish other relief to resolve a harassment lawsuit filed by the U.S.

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Best Bundle Home and Auto Insurance to Save Money 

Agency Height

You want to bundle home and auto insurance in 2024 but don’t know where to start? Here's everything you need to know to get the best bundle.

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Wildfires Are Growing Under Climate Change, and Their Smoke Threatens Farmworkers, Study Says

Insurance Journal

As wildfires scorched swaths of land in the wine country of Sonoma County in 2020, sending ash flying and choking the air with smoke, Maria Salinas harvested grapes.

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Blog Post: Interesting Unpub. BIA Remand: IJ Misconduct

LexisNexis

W. John Yahya Vandenberg writes: "We just got this remand decision for a detained case in Houston (IJ McPhail), and thought it might be of interest to your readers. The Board clearly was not happy with the manner in which the judge conducted the hearing, and justifiably so. This was a team effort. Jordan Lane and Joe Hohenstein authored the brief on our client's behalf.

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Federal Board Calls for Stricter Safety Rules for Charter Flights and Air Tours

Insurance Journal

A federal safety agency is recommending that air tours and other commercial aircraft operators be required to have certificated dispatchers to help pilots plan their flights.

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Blog Post: USCIS Publishes Filing Guide for Parole in Place for Certain Noncitizen Spouses and Stepchildren

LexisNexis

USCIS, Aug. 16, 2024 "On Aug. 19, USCIS will begin accepting requests for, using a new electronic form, Form I-131F, Application for Parole in Place for Certain Noncitizen Spouses and Stepchildren of U.S. Citizens. Form I-131F will not be available on uscis.gov until Aug. 19. USCIS is not accepting any other form for Keeping Families Together. Do not file a request for parole in place under this process before Aug. 19, 2024.

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Downward Spiral: Florida Insurance Agent Charged with Embezzlement After Lawsuits

Insurance Journal

Florida authorities have arrested a well-known southwest Florida insurance agent, charging him with larceny and embezzlement of premiums.

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Blog Post: DDC Decision: Challenging 6C by DHS Post-Visa Refusal - Ranjan v. DHS

LexisNexis

Adam Rosen writes: "I am excited to share a decision from DDC Judge AliKhan denying the government’s Motion to Dismiss a complaint challenging a 6C finding secretly made by DHS against my client but that she only learned of when the Mumbai Consulate refused her H1B Visa. The government attempted the whole consular nonreviewability thing but the court saw through that and also distinguished the following cases that keep coming up: Thatikonda and Baan Thai Restaurant.

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88-Year-Old Missouri Victim in Boar’s Head Deli Meat Outbreak Underscores Risk

Insurance Journal

A lifelong lover of liverwurst, Sue Fleming relished the smoked sausage her husband brought home every few weeks from the grocery store deli.

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Blog Post: DOS: Annual Limits Reached in EB-3, EW and EB-5 Unreserved Categories

LexisNexis

DOS, Aug. 16, 2024 - "The State Department, working in close collaboration with U.S. Citizenship and Immigration Services, is pleased to announce the issuance of all legally available visas in the Employment-Based Third Preference (EB-3) and Other Workers (EW) categories for fiscal year (FY) 2024. Maximizing these visas facilitates legitimate travel for essential workers across many industries that greatly benefit the U.S. economy, particularly in our healthcare sector.

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PCF Transportation Offers a Look at the FMCSA Drug and Alcohol Clearinghouse

Insurance Journal

This post is part of a series sponsored by PCF Insurance Services.

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Use a Pass-Through Entity (PTE) for Tax Efficiency In High-Tax States

American Agents Alliance

If you live in a high-tax state, you are probably familiar with the concept of PTE, where you pay your state income taxes at the business level to get full state tax deductibility from federal income taxes. The same benefit applies when you sell your business. On an asset sale, you can retain proceeds in your business to pay state income taxes. On a complete business sale, you might consider setting up a holding company before negotiating to sell your business so that you have a leftover entity

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Judge Tells ‘Monopolist’ Google It Can’t Avoid ‘Paying to Make the World Right’

Insurance Journal

A U.S.

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Blog Post: Expert: Chicago Not Expecting Migrants Ahead of DNC

LexisNexis

Nell Salzman, Chicago Tribune, Aug. 15, 2024 "Chicago’s top migrant official is walking back a prediction from city leaders last month that tens of thousands of migrants would arrive by bus ahead of next week’s Democratic National Convention, saying that there is no “credible intel” that the feared surge will occur. “There just aren’t that many people to send,” said Stephen Yale-Loehr , professor of immigration law practice at Cornell Law School.

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Michigan State Sued Over Adolf Hitler Quiz Question Displayed at Football Game

Insurance Journal

EAST LANSING, Mich.

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