Thu.Aug 29, 2024

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US Appeals Court Takes Aim at Big Tech Liability Shield

Insurance Journal

A US appeals court has struck down a long-standing argument from social media platforms: that a federal law grants them blanket immunity from being held accountable for user harms – even the wrongful death of children.

Liability 279
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Observations of Other Insurance Clauses and Overlapping Coverages

Property Insurance Coverage Law

Steve Coombs should be at least nominated for membership into the Insurance Nerds Hall of Fame. He read my post, What Is an “Other Insurance” Clause and Why Do They Exist In Property Insurance Policies? and sent Mara Essick and me numerous articles about “other insurance” clauses. Steve Coombs co-authored The Builders Risk Book with the late … The post Observations of Other Insurance Clauses and Overlapping Coverages appeared first on Property Insurance Coverage Law Blog.

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People Moves: Cooley Joins Graham Rogers Insurance as Transportation New Business Underwriter

Insurance Journal

Paula Cooley joined Graham-Rogers Insurance, headquartered in Bartlesville, Oklahoma, as a transportation new business underwriter. Cooley will focus on garage and transportation commercial auto.

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How Does High-Risk Business Insurance Differ by Industry?

Central Insurance

Explore how high-risk business insurance affects different industries, the factors influencing rates, and strategies to reduce risk exposure and lower premiums. The post How Does High-Risk Business Insurance Differ by Industry? appeared first on Central Insurance Blog.

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Texas Officials Sued Over Anti-ESG Law Targeting Wall Street

Insurance Journal

The American Sustainable Business Council sued Texas officials in an effort to block a law that restricts state investments with certain financial firms because of their energy policies.

Policy 278
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Azerbaijan-managed vessel en route to China via Northern Sea Route: report

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Azerbaijan-managed vessel en route to China via Northern Sea Route: report appeared first on Insurance Marine News.

Marine 110
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US P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021

Insurance Journal

The U.S. property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for the first-half of 2024, according to a new report.

More Trending

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GM Must Face Big Class Action Over Faulty Transmissions

Insurance Journal

General Motors was ordered by a federal appeals court to face a class action claiming it violated laws of 26 U.S. states by knowingly selling several hundred thousand cars, trucks and SUVs with faulty transmissions. The 6th U.S.

Claim 276
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Greenhouse gas regulations: What are IMO’s next steps?

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Greenhouse gas regulations: What are IMO’s next steps? appeared first on Insurance Marine News.

Marine 105
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Millions Evacuated as Typhoon Slams Southwest Japan, Halting Flights and Factories

Insurance Journal

Millions of people were told to evacuate from their homes as Typhoon Shanshan lashed southwest Japan with strong winds and heavy rain on Thursday, knocking out power, snarling air traffic and forcing major factories to close.

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Palau suspends registration of three Russia-linked gas carriers sanctioned by the US

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Palau suspends registration of three Russia-linked gas carriers sanctioned by the US appeared first on Insurance Marine News.

Marine 103
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Museum to Sell Painting in Settlement With Heirs of Jewish Family That Fled the Nazis

Insurance Journal

A Pennsylvania museum has agreed to sell a 16th century portrait that once belonged to a Jewish family that was forced to part with it while fleeing Nazi Germany before World War II.

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Increase in iron ore fines in Goa

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Increase in iron ore fines in Goa appeared first on Insurance Marine News.

Marine 105
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Dick’s Sporting Goods Reports Unauthorized Access to Information Systems

Insurance Journal

Dick’s Sporting Goods on Wednesday said it discovered unauthorized access to its information systems. In a filing with the U.S. Securities and Exchange Commission, Dick’s said it made the discovery of the cyberattack on Aug.

Cyber 264
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Blog Post: Assessing the Accuracy and Quality of Answers from Your Legal AI Tool

LexisNexis

By Simon Weierman Lawyers must rely on the accuracy and quality of their legal research when providing counsel to clients, drafting business agreements or writing legal documents for submission to the court. Inaccurate or non-responsive results from a search of legal databases can lead a lawyer down the wrong path, jeopardizing their legal strategy and credibility.

Risk 98
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Southern California Edison Seeks to Recover $1.6B of Wildfire-Related Losses

Insurance Journal

Southern California Edison, a unit of utility Edison International said on Thursday it was seeking approval for a settlement agreement to recover nearly 60% of losses related to wildfires and mudslides in 2017 and 2018.

Damage 264
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Frontline in 10-ship leaseback deal to clear Fredriksen debt

Splash: Finance and Insurance

New York- and Oslo-listed tanker giant Frontline has lined up a 10-ship sale and leaseback deal in China to pay back money borrowed from controlling shareholder John Fredriksen. The deal worth up to $512.1m involves CMB Financial Leasing’s commitment to cover the refinancing of 10 suezmaxes, subject to execution of final documents, the company said.

Insured 88
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Telegram Lawyer Says Investigation Into CEO Durov Is ‘Absurd’

Insurance Journal

A lawyer for Telegram boss Pavel Durov, who is the target of an unprecedented investigation in France, said on Thursday it was “absurd” to suggest the head of a social network was responsible for any criminal acts committed on the …

Cyber 264
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Lilly Direct: Revolutionizing Telehealth for Weight Management

Smart Insurance Agents

Lilly Direct is revolutionizing weight management through obesity telehealth. This article explores remote evaluations, customized plans, and constant support that make managing obesity easier. Key Takeaways Lilly Direct provides a comprehensive range of telehealth services for effective obesity management, including remote evaluations, personalized plans, and continuous monitoring.

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Alabama Shipbuilder Austal to Pay $24M to Settle Accounting Fraud Probe

Insurance Journal

MOBILE, Ala. (AP) — Austal USA, an Alabama-based shipbuilder that makes vessels for the U.S. Navy, has admitted wrongdoing and agreed to pay a $24 million fine to settle an accounting fraud investigation, the U.S. Department of Justice announced Tuesday.

Liability 264
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Top Six Organizational Tips for Health Insurance Agents

P&L Financial Services

Working as a senior benefits agent can be incredibly rewarding, yet it’s a career path often misunderstood by many. There are several myths that deter potential agents from pursuing this fulfilling profession. Let’s debunk these myths and reveal the true nature of this important role. Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies.

Agents 52
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Captain of Sunken Superyacht Declines to Answer Prosecutors’ Questions, Lawyer Says

Insurance Journal

The captain of a superyacht that sank during a storm off Sicily last week, killing seven people, decided not to respond to prosecutors’ questions Tuesday, his lawyer said.

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What if I Need To Delay My Medicare Part A Enrollment?

P&L Financial Services

Working as a senior benefits agent can be incredibly rewarding, yet it’s a career path often misunderstood by many. There are several myths that deter potential agents from pursuing this fulfilling profession. Let’s debunk these myths and reveal the true nature of this important role. Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies.

Agents 52
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Hedge Fund Fermat Says Returns Took a Hit Amid Catastrophe Bond Selloff

Insurance Journal

Fermat Capital Management, one of the world’s biggest investors in catastrophe bonds, says anxiety about this year’s hurricane season has already left a meaningful dent on returns.

Insured 263
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What Is a DVH Plan?

P&L Financial Services

Working as a senior benefits agent can be incredibly rewarding, yet it’s a career path often misunderstood by many. There are several myths that deter potential agents from pursuing this fulfilling profession. Let’s debunk these myths and reveal the true nature of this important role. Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies.

Agents 52
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NHTSA Closes Two Preliminary Probes Into Fisker’s Ocean SUVs

Insurance Journal

The U.S. auto safety regulator said on Wednesday it has closed two separate probes into Fisker’s Ocean SUVs over an alleged door malfunction and a loss of brake performance, after the electric-vehicle startup issued recalls to fix the problems.

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Did You Hear That? Proposed Legislation To Allow Over-the-Counter Hearing Aids

P&L Financial Services

Working as a senior benefits agent can be incredibly rewarding, yet it’s a career path often misunderstood by many. There are several myths that deter potential agents from pursuing this fulfilling profession. Let’s debunk these myths and reveal the true nature of this important role. Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies.

Agents 52
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Appeals Court Revives Tesla’s Challenge Against Louisiana Law Banning Direct Sales to Consumers

Insurance Journal

NEW ORLEANS (AP) — Tesla’s federal court challenge to a Louisiana law that prohibits automobile manufacturers from selling directly to consumers has been revived by an appeals court.

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Top Three Medicare Changes for 2022

P&L Financial Services

Working as a senior benefits agent can be incredibly rewarding, yet it’s a career path often misunderstood by many. There are several myths that deter potential agents from pursuing this fulfilling profession. Let’s debunk these myths and reveal the true nature of this important role. Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies.

Agents 52
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Court Tosses Missouri Law That Banned Police From Enforcing Federal Gun Laws

Insurance Journal

COLUMBIA, Mo. (AP) — Federal appellate judges overturned a Missouri law Monday that banned police from enforcing some federal gun laws. The 8th U.S. Circuit Court of Appeals found the Missouri law violated a section of the U.S.

Liability 256
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Everything an Agent Should Know About Qualifying Life Events

P&L Financial Services

Working as a senior benefits agent can be incredibly rewarding, yet it’s a career path often misunderstood by many. There are several myths that deter potential agents from pursuing this fulfilling profession. Let’s debunk these myths and reveal the true nature of this important role. Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies.

Agents 52
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Romanian Government Plans Drought Insurance Scheme for Farmers

Insurance Journal

The Romanian government plans to approve an insurance system for agricultural land as part of a series of measures to help farmers whose crops have been ravaged by drought, Agriculture Minister Florin Barbu said on Wednesday.

Insurance 252
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Seniors Enjoy Better Outcomes From Virtual Reality Health and Wellness Apps

P&L Financial Services

Working as a senior benefits agent can be incredibly rewarding, yet it’s a career path often misunderstood by many. There are several myths that deter potential agents from pursuing this fulfilling profession. Let’s debunk these myths and reveal the true nature of this important role. Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies.

Agents 52
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Screwber and Fake GPS: The $40 Million Dollar Ridesharing Fraud Scheme

Insurance Journal

Two men have been charged with conducting a six-year scheme in which they allegedly scammed a ridesharing company and customers out of $40 million in fraudulent “surge” fees by selling hacked smartphones and fake GPS applications to hundreds of rideshare …

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Differentiate Yourself in a Growing Field of Insurance Agents

P&L Financial Services

Working as a senior benefits agent can be incredibly rewarding, yet it’s a career path often misunderstood by many. There are several myths that deter potential agents from pursuing this fulfilling profession. Let’s debunk these myths and reveal the true nature of this important role. Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies.

Agents 52
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South Africa Insurer Santam Plans Asia Expansion, Following Success of Parent Sanlam

Insurance Journal

South Africa-based general insurer Santam Ltd. plans to expand in Asia to diversify its premiums and counter tepid growth at home. The insurer, a subsidiary of financial services group Sanlam Ltd., generates 82% of its premiums in South Africa.

Premium 249
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Insurance Technology Helps Everyone, Even Elderly Clients

P&L Financial Services

Working as a senior benefits agent can be incredibly rewarding, yet it’s a career path often misunderstood by many. There are several myths that deter potential agents from pursuing this fulfilling profession. Let’s debunk these myths and reveal the true nature of this important role. Myth 1: Senior Benefits Agents Are Just Salespeople One of the biggest misconceptions about senior benefits agents is that their job is solely about selling insurance policies.

Agents 52