Fri.Aug 23, 2024

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Blackouts in Extreme Weather Create Demand for Cleaner Backup Power

Insurance Journal

Software engineer Kenna Ofoegbu in Houston, Texas tries hard to keep his three kids cool during the summer and that means air conditioning. Yet their house has lost power three times in just the past two and a half months.

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The Boston Insurance Library

Property Insurance Coverage Law

Imagine a man on a mission, a quest for knowledge that rivals Clark Griswold’s relentless pursuit of the perfect nerd’s vacation. I embarked on a journey from the sun-soaked shores of Tampa to the hallowed halls of the Insurance Library Association of Boston with visions of endless shelves brimming with insurance maps and dusty 19th-century … The post The Boston Insurance Library appeared first on Property Insurance Coverage Law Blog.

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Ping An Profit Rises Nearly 7% as Market Recovery Bolsters Returns

Insurance Journal

Ping An Insurance (Group) Co. said profit rose nearly 7% in the first half, after a stock-market recovery helped bolster investment returns at China’s second-largest insurer by market value. Net income climbed to 74.6 billion yuan ($10.

Insured 289
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Tap Into TikTok: Social Media Marketing for Insurance Agents | Solstice

Solstice Insurance Broker

TikTok is more than just a platform for entertainment, it has become a prime marketplace for both sellers and buyers. Boasting 128 million downloads , TikTok is the third most downloaded app worldwide. Professionals are actively using the app to showcase their businesses and products, while consumers are turning to it for insights on services or products before making a purchase.

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Tornado-Like Waterspouts Are ‘More Likely’ as the Mediterranean Warms

Insurance Journal

The type of weather phenomenon that may have led billionaire Mike Lynch’s yacht to sink in the Mediterranean this week is now more likely to happen as global warming has raised sea temperatures, according to climate experts.

Insured 288
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The 2024 Agency Revolution Summer Summit

Agency Revolution

More than a team. At Agency Revolution, we’re more than a team of digital marketing pros and independent insurance agency allies. We’re also a group of people who enjoy getting together, having fun, and planning for the future Welcome to our 2024 Summer Summit! Traveling far and wide. The 2024 AR Summer Summit began with a travel day for folks coming in from all over the United States: Alabama, Florida, Ohio, and more!

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Texas and Southwest Face Scorching Heat Wave

Insurance Journal

AUSTIN, Texas (AP) — Summer heat scorched Texas and the Southwest this week, pushing Phoenix to nearly 90 consecutive days of triple-digit temperatures and putting millions of people under excessive heat warnings.

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Markets/Coverages: Ascot Launches Capital Mgmt Platform for 3rd-Party Capital Biz

Insurance Journal

Ascot Group Ltd., the Bermuda-based global specialty insurance company, announced the launch of a unified capital management platform, Leadline Capital Partners, to support their expanded third-party capital business.

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The 2024 Agency Revolution Summer Summit

Agency Revolution

More than a team. At Agency Revolution, we’re more than a team of digital marketing pros and independent insurance agency allies. We’re also a group of people who enjoy getting together, having fun, and planning for the future Welcome to our 2024 Summer Summit! Traveling far and wide. The 2024 AR Summer Summit began with a travel day for folks coming in from all over the United States: Alabama, Florida, Ohio, and more!

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Complex Salvage Operations Begin as Last Body Is Recovered From Wrecked Superyacht

Insurance Journal

Italian divers have retrieved the body of British tech magnate Mike Lynch’s18-year-old daughter, Hannah, who was the last person still unaccounted for after the family’s luxury yacht sank this week off Sicily.

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Unlock Your Potential with "Value²: How to Articulate Your Value to Your Clients"

Your Journey With Jennie

Date: Friday, September 6, 2024 Time: 10am - 2pm Presenter: Jennie Wolek Location: 244 S Gateway Pl, Jenks, OK 74037, USA CE Credits: Earn 3 Hours of Continuing Education Credit Lunch Provided Are you ready to elevate your real estate business? Join us for an exclusive event, Value²: How to Articulate Your Value to Your Clients, hosted by renowned industry leader Jennie Wolek.

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Vibrant Green Fields Signal a Big US Corn Crop and Weak Prices

Insurance Journal

Between hail, strong winds, floods and plant disease, US corn crops were put through some tough times this summer. But somehow, the fields of green blanketing America’s heartland have proved to be ever resilient.

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Direct Line accounting error led to ‘miscalculation’ of solvency measure

Elmore

UK motor insurer admits it mistakenly calculated its solvency capital ratio, a measure of financial strength The post Direct Line accounting error led to ‘miscalculation’ of solvency measure appeared first on Elmore Insurance Brokers.

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FBI: From Cybercrime to Terrorism, America Faces Many Elevated Threats ‘All at Once’

Insurance Journal

The country is facing heightened threats from many corners at a time when law enforcement agencies are struggling, FBI Director Christopher Wray said in an exclusive interview, adding that he is “hard pressed to think of a time in my …

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Cheap Car Insurance with No Deposit: Debunking the Truth and Finding Cheap Coverage 

Agency Height

Does cheap car insurance with no deposit exist? And what are other ways of getting low-cost car insurance? Let's find out!

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People Moves: Hub Names Smith President of Carolinas Ops

Insurance Journal

Hub International Ltd., the global insurance broker, has named Tim Smith president and CEO of its operations in the Carolinas. Smith was previously the chief sales officer at Hub International Carolinas and was a Charlotte-area market leader.

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Blog Post: Expert: Legal Challenges to Biden's Asylum Block May Take Time

LexisNexis

Robert Brodsky, Newsday, Aug. 23, 2024 "The number of new court cases involving immigrants lacking permanent legal status has plummeted on Long Island and around the country since President Joe Biden's June order restricting entry into the country for most asylum-seekers, according to a new federal data analysis. Biden's presidential proclamation , issued amid a record increase of illegal border crossings, stated that migrants who cross the border without authorization — absent exce

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Arkansas County to Pay $3M Settlement Over Detainee’s 2021 Death in Jail

Insurance Journal

FORT SMITH, Ark. (AP) — A county in western Arkansas has approved a $3 million settlement with the family of a man who died from dehydration and malnutrition while being held in a local jail.

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How does the Medicare Prescription Payment Plan 2025 work?

Smart Insurance Agents

How does the Medicare Prescription Payment Plan 2025 work? How does the Medicare Prescription Payment Plan 2025 work? The Medicare Prescription Payment Plan (MPP) 2025 is a voluntary program that will be available to all Part D sponsors to help them manage their prescription drug costs more effectively. The MPP aims to provide sponsors with a predictable and stable payment stream through cost sharing mechanisms, which will allow them to manage their risk more effectively.

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Parent of Risk Strategies and One80 Intermediaries Closes $1 Billion Financing Deal

Insurance Journal

Accession Risk Management Group, the parent company of specialty insurance brokerages Risk Strategies and One80 Intermediaries, reports it has closed a $1 billion incremental debt raise and refinancing. Accession Risk Management Group is a portfolio company of Kelso & Co.

Risk 275
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10 Tips for Optimizing Your Office Setup; Don’t Skimp – You’re Worth It

Word & Brown

Whether you’re just getting started as an insurance sales professional, or you’ve been at it for years, it’s important that you establish a committed space where operate your business. It doesn’t matter whether you have an established office, or you work from your home. You want to have a workspace that’s separate from your living space. Below are some things to consider in upgrading your office.

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OneDigital Expands With Acquisition of Elite Insurance in Tennessee

Insurance Journal

OneDigital, an insurance brokerage, financial services and human resources firm based in Atlanta, has acquired Elite Insurance Solutions, a property-casualty insurance agency in Franklin, Tennessee, the company announced this week.

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London-Based Ship Registry Helps Russia Oil Tankers Keep Running

Insurance Journal

Three oil tankers that are under British sanctions for transporting Russian petroleum are sailing under the flag of a nation that bases its operations in London.

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Greece Braces for More Wildfires While Storm Lilian Crosses UK

Insurance Journal

Greek wildfire risks increased as temperatures climb and near gale force winds blow across the Aegean Sea, while Storm Lilian is battering parts of the UK.

Risk 279
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Fed’s Powell Says ‘Time Has Come’ to Cut Interest Rates

Insurance Journal

JACKSON HOLE, Wyoming, Aug 23 (Reuters) – Federal Reserve Chair Jerome Powell said on Friday “the time has come” for the U.S.

Risk 279
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Fires Spotted on Red Sea Tanker Drifting With Oil on Board

Insurance Journal

The UK Navy said that three fires have been observed on a ship attacked in the Red Sea earlier this week.

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People Moves: Miraglia and Rusas Join Alliant M&A from WTW; Embroker’s Maletsky Joins Hiscox’s Tech E&O

Insurance Journal

Alliant Insurance Services, headquartered in Irvine, California, hired Peter Miraglia as executive vice president, Alliant Specialty, within the company’s mergers & acquisitions vertical. Miraglia brings over three decades of insurance industry experience with specialized expertise in private equity transactions.

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People Moves: DiPhilippo Joins Alliant Employee Benefits; Cormier Joins Alliant Americas in Boston

Insurance Journal

DiPhilippo Joins Alliant Insurance Services’ Employee Benefits Team Alliant Insurance Services, headquartered in Irvine, California, hired Anthony DiPhilippo as vice president, employee benefits, health and welfare consultant within its employee benefits group.

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