Tue.Jan 28, 2025

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Avian Flu Could Shutter Long Island’s Last Duck Farm

Insurance Journal

New York’s Long Island was once synonymous with “duck” in the culinary world. Now it may lose its last commercial farm. The avian flu outbreak that has led to the slaughter of millions of birds at U.S.

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Scrap metal fires – is the IMSBC code adequately addressing the risks?

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Scrap metal fires is the IMSBC code adequately addressing the risks? appeared first on Insurance Marine News.

Risk 95
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Mississippi House Bill Puts New Rules on PBMs, But May Do Little for Workers’ Comp

Insurance Journal

A pharmacy benefits manager bill passed by the Mississippi House of Representatives last week may have little impact on drug costs in the state’s workers’ compensation system, even if that is part of the bill’s intent.

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Shadow fleet generates newly popular flags

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Shadow fleet generates newly popular flags appeared first on Insurance Marine News.

Marine 91
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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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Climate Change Made LA 35% More Primed to Burn, Scientists Say

Insurance Journal

Climate change made Southern California’s dangerous wildfire conditions in early January 35% more likely than they would have been before the industrial era, according to a new analysis by the scientific group World Weather Attribution.

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US Economic Losses From Natural Disasters Soared in 2024

Insurance Journal

Economic losses from hurricanes and other natural disasters soared in the U.S. last year and were above average globally, reflecting another year of costly severe storms, floods and droughts.

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Costa Concordia captain seeks early release

Insurance Marine News

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Marine 66
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Family of Wrongfully Imprisoned Disabled Man to Receive $5.9 Million

Insurance Journal

More than four years after his death, Richard Lapointe’s family is set to receive a nearly $5.

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Vezhen owner denies any deliberate sabotage of Baltic Sea cables

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Vezhen owner denies any deliberate sabotage of Baltic Sea cables appeared first on Insurance Marine News.

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2025 Agency Salary Survey: Deadline Approaching

Insurance Journal

It’s the final days to take this year’s Agency Salary Survey. All respondents will receive a copy of the report in Insurance Journal magazine.

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Nine charged as part of “elaborate smuggling operation” at Ports of Los Angeles and Long Beach

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Nine charged as part of elaborate smuggling operation at Ports of Los Angeles and Long Beach appeared first on Insurance Marine News.

Marine 59
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Earthquake in Maine Rattles Houses, Nerves Across Northeast

Insurance Journal

A 3.8-magnitude earthquake centered near the southern Maine coast rattled houses in northern New England on Monday and was felt by surprised residents of states hundreds of miles away. The earthquake took place at about 10:22 a.m.

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Renewed interest in Russian tanker abandoned in Poland

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Renewed interest in Russian tanker abandoned in Poland appeared first on Insurance Marine News.

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Florida Condo Sales Reach 10-Year Low as Median Price Dips, Report Shows

Insurance Journal

Florida condominium sales last year reached their lowest point in almost a decade, according to a Florida Realtors report.

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China using more dry bulk carriers to move project cargoes

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post China using more dry bulk carriers to move project cargoes appeared first on Insurance Marine News.

Marine 52
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Not a Bear But a Fake Deer-Collision Claim Results in South Carolina Fraud Charges

Insurance Journal

First it was the fake bear insurance fraud that made headlines around the country. Now, it’s a fake deer that has landed a South Carolina woman in jail after authorities said she provided false information to a Progressive Insurance company.

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Iranian cargo vessels transporting missile propellant ingredient from China

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Iranian cargo vessels transporting missile propellant ingredient from China appeared first on Insurance Marine News.

Marine 52
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German Watchdog Raises Focus on Physical Risks Stemming From Climate Change

Insurance Journal

German watchdog BaFin said the country’s financial industry needs a better grasp of physical risks stemming from climate change because of the increasing impact of events such as floods and droughts.

Risk 165
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Stowaway fines at Ghanaian ports

Insurance Marine News

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Marine 52
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Washington Man on Workers’ Comp for 3 Years Caught on Video Carrying 48-Lb Table

Insurance Journal

A Pierce County, Washington, man has been ordered to pay back more than $60,000 to Washington’s workers’ compensation fund after videos reportedly showed he was working and carrying heavy objects in the years he was allegedly unable to work from …

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Navigating 2025 CMS Rule Changes for Dual Special Needs Plans

PSM Brokerage

What Agents Need to Know for 2025 The Centers for Medicare and Medicaid Services (CMS) is rolling out significant updates to Dual Special Needs Plans (D-SNPs), Low-Income Subsidy (LIS) programs, and Special Enrollment Period (SEP) rules in 2025. These changes impact not only how D-SNPs operate and how LIS benefits are administered but also when and how beneficiaries can enroll or switch plans through SEPs.

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People Moves: Brooks Insurance Adds Garabedian as Underwriting SVP

Insurance Journal

Brooks Insurance hired Tiffani Ann Garabedian as senior vice president of underwriting. Garabedian is based in Los Angeles. Garabedian has nearly 20 years of insurance industry experience, most recently serving as a territory manager with Nationwide for the Northeast region.

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Prompts Insurance Agents Can Use In ChatGPT

The Insurance Marketer

Unless you have been living under a rock, you’ve probably heard of ChatGPT, by now Insurance agents and marketers can use ChatGPT to boost efficiency, enhance communication, and add creativity.

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Growth of Pet Insurance Continues as Market Could Reach $4.5B

Insurance Journal

Any pet owner who has been hit by sticker shock at the vet’s office understands why pet insurance is a booming business.

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US life insurer Brighthouse Financial seeks to sell itself

Elmore

Prominent private capital managers expected to bid for group with market value of $3bn The post US life insurer Brighthouse Financial seeks to sell itself appeared first on Elmore Insurance Brokers.

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‘World’s Largest Truck Stop’ Fined $390K by EPA

Insurance Journal

Two truck stops in Iowa and Missouri Iowa 80, advertised as “the world’s largest truck stop,” and Joplin 44 agreed to pay a combined $390,784 to resolve alleged violations of the federal Clean Water Act.

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Blog Post: Inaugural Insights: Taking Heed of CHIPS Act Final Regulations

LexisNexis

The Creating Helpful Incentives to Produce Semiconductors Act of 2022 (CHIPS Act), Pub. L. No. 117-167, § 107, was signed into law by President Biden on August 9, 2022. With the goal of incentivizing semiconductors and semiconductor manufacturing within the United States by implementing an advanced manufacturing investment credit, the CHIPS Act provides a credit that is equal to 25% of the qualified investment for the taxable year in an advanced manufacturing facility of an eligible taxpaye

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Corpus Christi Initiates Emergency Effort to Boost Water Supply

Insurance Journal

On the South Texas coast, the city of Corpus Christi has initiated an emergency effort to boost its water supply as local reservoirs experience a yearslong decline and water demand from big industrial projects continues to grow.

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Blog Post: Bankruptcy Timelines, Charts, and Presentations!

LexisNexis

The Practical Guidance bankruptcy practice area contains a wide array of resources, including timelines, charts, presentations, trackers, videos, and the state law comparison tool (in addition to practice notes, templates, clauses, and checklists). Check out this resource kit assembling our unique Practical Guidance bankruptcy content. Read now » Related Content Bankruptcy Practice Fundamentals Resource Kit Review this resource kit for Practical Guidance materials on the fundamentals of ban

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Trucordia Acquires Louisiana’s CADA

Insurance Journal

Trucordia has acquired the insurance business of CADA Insurance Services which has multiple offices in Louisiana, including Baton Rouge, Chalmette, Gretna and Kenner. “The CADA Insurance team is a welcome addition to Trucordia,” said Trucordia CEO Felix Morgan.

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Blog Post: Safeguard Your Practice: Navigate Conflicts of Interest with Confidence

LexisNexis

Elevate your legal practice with our comprehensive How to Assess Conflicts of Interest checklist! Well guide you through the critical questions needed to identify potential conflicts in representation, such as scenarios with multiple clients, former clients, third-party fee arrangements, and personal conflicts. Stay ahead of potential issues and enhance your decision-making at the link below!

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Everest Group Boosts Casualty Loss Reserves $1.7 Billion

Insurance Journal

Everest Group preannounced full-year 2024 earnings yesterday, disclosing about a 45% drop in net income attributable to a $1.7 billion boost in its casualty insurance reserves.

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Blog Post: Section 16 Forms: Guidance for Completing, Filing, and Amending

LexisNexis

Public company officers, directors, and principal stockholders (collectively, statutory insiders) of companies with a class of equity security registered under Section 12 of the Exchange Act (15 U.S.C. § 78l) are required to report their beneficial ownership of, and certain transactions in, those securities. This practice note explains relevant disclosures and when and how to file and amend Forms 3, 4, and 5.

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