Mon.Feb 24, 2025

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Florida Contractor in Fatal Fall Incident Sentenced for Workers’ Comp Fraud

Insurance Journal

A Florida framing contractor has been sentenced to 48 months in prison and millions of dollars in fines and restitution after he failed to obtain workers’ compensation insurance and ignored safety practices, leading to deadly consequences.

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Insuring Unmarried Couples—Is There Coverage?

Property Insurance Coverage Law

Cohabitation among unmarried couples is not novel. A 2019 study indicated that the share of adults who are living with an unmarried partner is 7%. 1 Insuring property for unmarried couples is not so easy in many states. A recent Michigan case found that the unmarried woman did not qualify as an insured under a … The post Insuring Unmarried CouplesIs There Coverage?

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Florida AG Sues Target, Claiming DEI Initiatives Misled Investors

Insurance Journal

TALLAHASSEE, Fla.

Claim 243
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Insuring Unmarried Couples—Is There Coverage?

Property Insurance Coverage Law

Cohabitation among unmarried couples is not novel. A 2019 study indicated that the share of adults who are living with an unmarried partner is 7%. 1 Insuring property for unmarried couples is not so easy in many states. A recent Michigan case found that the unmarried woman did not qualify as an insured under a … The post Insuring Unmarried CouplesIs There Coverage?

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Streamline Insurance Claims Management By Analyzing Legal Trends

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

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NHTSA Laid Off 4% of Staff, Spokesperson Says

Insurance Journal

The National Highway Traffic Safety Administration laid off 4% of its staff as part of a government-wide trimming of probationary employees, a spokesperson said Monday. The agency has pending investigations into Tesla TSLA.

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Europe Braces for Freeze of US Foreign Corruption Practices Act

Insurance Journal

In recent years, Glencore Plc, Airbus SE and Credit Suisse have collectively paid more than $5.5 billion in fines for their roles in sprawling corruption cases.

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West P&I reports positive renewal after “strong member backing”

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post West P&I reports positive renewal after strong member backing appeared first on Insurance Marine News.

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Court Reduces Verdict for Michigan Gardener Whose Organic Lawn Was Destroyed

Insurance Journal

A Michigan court struck down a large chunk of an $88,550 verdict for a Detroit-area organic gardener whose beloved clover lawn was destroyed by a man spraying herbicide at the wrong address.

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How to Tell If You Need a Nurse Case Manager for Your Workers’ Compensation Claim

AMAXX

Nurse case managers (NCMs) coordinate medical care and determine the extent of disability. However, there are times when the NCM doesn’t serve a specific purpose and is assigned to the claim to get it moving. At times, NCMs are used to do some of the tasks adjusters are supposed to do. Your job is to clarify when nurse case management is warranted and useful.

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Texas Man Sentenced to 13 Years in Prison for Multi-Million Dollar Insurance Fraud

Insurance Journal

A Texas man was sentenced last week to more than 13 years in prison for constructing a $5 million insurance fraud scheme, the U.S. Attorney’s Office, Northern District of Texas announced.

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Cargo of sanctioned Russian oil temporarily “disappears” In Gulf of Oman

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Cargo of sanctioned Russian oil temporarily disappears In Gulf of Oman appeared first on Insurance Marine News.

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California Governor Asks Congress for $40B for LA Wildfire Relief

Insurance Journal

California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires, which he said could become the costliest natural disaster in U.S. history.

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Cambodia, Eswatini, Gabon and Guinea-Bissau make debut in ICS flag performance table

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Cambodia, Eswatini, Gabon and Guinea-Bissau make debut in ICS flag performance table appeared first on Insurance Marine News.

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Maryland Report Says Many Workers Misclassified, Costing $59M in Comp Premiums

Insurance Journal

Worker misclassification in Maryland is widespread, leaving thousands of workers without injury protection and depriving insurance companies of more than $58 million in workers’ compensation premiums each year, according to a new report from a state task force.

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UK blacklists 40 more shadow fleet ships

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post UK blacklists 40 more shadow fleet ships appeared first on Insurance Marine News.

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Insurance Fraud – Brazen and Big

Insurance Journal

Anyone who believes insurance is a dull industry is unfamiliar with recent fraud schemes so macabre they could be turned into gripping adventure movies. One such caper is the staged accident scheme perpetrated by the family of ringleader William Mize.

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What is Evidence-Based Medicine in Workers’ Compensation

AMAXX

Evidence-Based Medicine (EBM) plays a critical role in workers compensation, guiding both medical professionals and non-medical stakeholders in making informed decisions about injury treatment, recovery time, and return-to-work strategies. Over the past few decades, EBM has evolved significantly, moving from anecdotal observations to a structured approach supported by sophisticated analytics and peer-reviewed research.

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Polished Gem GEICO Fuels Berkshire Hathaway Operating Gains

Insurance Journal

The work that GEICO’s chief executive has done to “repolish” Berkshire Hathaway’s “long-held gem” got a special shout-out in Warren Buffett’s Berkshire Hathaway 2024 annual report to shareholders last weekend.

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Russia orders inspections of its ships in ports after explosions

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Russia orders inspections of its ships in ports after explosions appeared first on Insurance Marine News.

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People Moves: Incline P&C Group Adds Wafer as Independent Director

Insurance Journal

Incline P&C Group, a leading insurance program market services firm, has elected Thomas Wafer to the Board of Directors of each of its insurance carriers as an independent director.

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China Classification Society finds “no evidence” to back claimed Kiel Canal grounding

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post China Classification Society finds no evidence to back claimed Kiel Canal grounding appeared first on Insurance Marine News.

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Pennsylvania’s NSM to Sell Commercial Insurance Division to Investment Firm

Insurance Journal

New Mountain Capital, an investment firm, has agreed to buy the commercial insurance division of Pennsylvania-based NSM Insurance Group. The firms said in a news release that the deal is expected to close in the next 45 days.

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US tariffs proposed for Chinese ships

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post US tariffs proposed for Chinese ships appeared first on Insurance Marine News.

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California Insurance: Intervening, Interfering

Insurance Journal

In insurance circles Florida and California have the dubious distinction of being perennial problem children for home and auto insurance. In both states insurance markets have been severely disrupted by unique factors unknown in any other state.

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Product tanker and cargo ship reportedly collide in stormy weather in Black Sea

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Product tanker and cargo ship reportedly collide in stormy weather in Black Sea appeared first on Insurance Marine News.

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Google to Be Hit With EU Charges of Breaching Big Tech Rules, Sources Say

Insurance Journal

Alphabet unit Google is set to be charged with breaching EU rules aimed at checking the power of Big Tech after proposed changes to its search results failed to address the EU antitrust regulator’s concerns and those of its rivals, …

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New ships and cargo transfers increase Russia’s crude exports

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post New ships and cargo transfers increase Russias crude exports appeared first on Insurance Marine News.

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Engineering Company to Pay $53M to Settle Flint, Michigan Water Lawsuits

Insurance Journal

An engineering company said Friday it has agreed to pay $53 million to settle all remaining lawsuits that alleged some blame for lead-contaminated water in Flint, Michigan, a decade ago.

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Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

Distinguished

Charlottes thriving restaurant scene has become a central part of North Carolinas culinary identity. With some of the best cuisine in the country, the Queen City offers a little bit of everything for its many residents and visitors. However, for insurance brokers, the wide spectrum of restaurants represents both a challenge and an opportunity. With thousands of restaurants in Charlotte and across North Carolina, the need for comprehensive insurance coverage is vital.

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Snowy Roads Lead to Hundreds of Crashes in Virginia, North Carolina

Insurance Journal

NORFOLK, Va. (AP) Roads in Virginia and North Carolina remained treacherous Thursday as unusually heavy snow led to hundreds of accidents, including crashes on an interstate that involved more than 50 vehicles.

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How a Liability Claim Can Ruin Your Business – And How to Protect Yourself

Property Insurance Centre

How a Liability Claim Can Ruin Your Business And How to Protect Yourself No matter how well you run your business, a single liability claim can have devastating consequences. From financial losses to reputational damage, legal battles, and even the risk of shutting down, the impact can be severe. Whether you’re a small business owner, contractor, or entrepreneur, understanding liability risks is crucial for survival.

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Mangione Draws Crowd at First Court Hearing Since Arraignment

Insurance Journal

NEW YORK (AP) The defendant wore a bulletproof vest and shackles. A woman in the crowd wore a “Free Luigi” scarf. Outside, throngs of people cheered and chanted his name.

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Cost-Effective Employee Benefits for a Colorado Government Contractor: How to Save Without Sacrificing Quality

Relation

At Relation Insurance, we understand that employee benefits are more than just policiesthey are a crucial part of a companys commitment to its workforce. When a veteran-owned engineering firm in Colorado faced an unsustainable rate increase, they turned to us for a solution that would balance cost containment with their goal of maintaining a high-quality […] The post Cost-Effective Employee Benefits for a Colorado Government Contractor: How to Save Without Sacrificing Quality appeared firs