Mon.Dec 23, 2024

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9 Insurance Commissioners Urge DOGE to Junk FIO

Insurance Journal

Insurance commissioners from nine states are looking to the new Department of Government Efficiency to do away with the Federal Insurance Office.

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Tow Truck Insurance: The Six Policies You Need for Your Business

Central Insurance

Six must-have tow truck insurance policies to protect your fleet, manage risk, and safeguard your business. The post Tow Truck Insurance: The Six Policies You Need for Your Business appeared first on Central Insurance Blog.

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Alabama Prisoners Work at Stores But Not Eligible for Parole or Workers’ Comp

Insurance Journal

DADEVILLE, Ala. (AP) A storm was looming when the inmate serving 20 years for armed robbery was assigned to transport fellow prisoners to their jobs at private manufacturers supplying goods to companies like Home Depot and Wayfair.

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Essential Communication Tools for Insurance Agents | Solstice

Solstice Insurance Broker

In the world of insurance, effective communication is your key to keeping clients happy and your business booming. It's all about managing what your clients expect and quickly sorting out any bumps along the way.

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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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Texas Teacher Killed and Toddlers Injured in Daycare Crash

Insurance Journal

SAN ANTONIO (AP) A teacher at a San Antonio-area day care was killed and another employee and five toddlers were injured when a parent’s car accelerated into another vehicle in the parking lot and both vehicles crashed into a …

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ZestyAI Receives Regulatory Approval From Iowa Insurance Division

Insurance Journal

ZestyAI, a provider of AI-informed climate and property risk analytics solutions, has received regulatory approval from the Iowa Insurance Division for its Severe Convective Storm suite, including Z-HAIL, Z-WIND, and Z-STORM.

Insurance 264
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National Flood Claims Have a One-Year Statute of Limitations

Property Insurance Coverage Law

The title of this post is not correct.But it is safer than saying the correct rule of law. A recent order dismissing a case involving a claim brought under the National Flood Insurance Program (NFIP)for failing to bring suit within the one-year limitations time shows why my practical rule may be better than the more … The post National Flood Claims Have a One-Year Statute of Limitations appeared first on Property Insurance Coverage Law Blog.

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Texas Bill Aims to Combat Forever Chemicals in Fertilizers

Insurance Journal

Johnson County’s newest state representative, Helen Kerwin, R-Cleburne, filed her first bill Friday targeting an environmental problem that has struck her county: PFAS contamination in sewage sludge-based fertilizers.

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Do I have the right lock for my insurance?

Property Insurance Centre

Do I have the right lock for my insurance ? Being a Commercial Property Owner or Business Owner you will be aware there will be certain conditions within your insurance policy with regard to the Security at the premises. However, the first thing you should ask yourself, is, “Do I have the right lock for my insurance?” Below are just a few examples of what many concern themselves with first, before they consider what lock they have.

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Freight Train Collision in West Texas Kills 2 Union Pacific Employees

Insurance Journal

Two Union Pacific employees were killed and three people were injured when a freight train collided with a tractor-trailer and derailed in a small West Texas city, authorities said Thursday. The train derailed around 5 p.m.

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2,000 jobs set to be lost in Aviva’s £3.7bn takeover of Direct Line

Elmore

Groups agree deal to control a fifth of UK motor insurance market The post 2,000 jobs set to be lost in Avivas 3.7bn takeover of Direct Line appeared first on Elmore Insurance Brokers.

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Aviva Agrees to Buy UK Insurer Direct Line for £3.7 Billion

Insurance Journal

Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly 3.7 billion ($4.65 billion) in a deal that would create the UK’s largest motor insurer.Each Direct Line shareholder will be entitled to receive 0.2867 new Aviva shares, 129.

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Best Insurance Franchising Opportunities in 2025 

Agency Height

Find out the best insurance franchise opportunities in 2025 and learn about the best insurance franchise to own. Learn more.

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RiverStone International to Provide Loss Portfolio Transfer for Zurich Insurance

Insurance Journal

RiverStone International, the London-based provider of legacy solutions, announced it has signed an agreement with the French branch of Zurich Insurance Europe and Zurich Insurance Co.

Insurance 264
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Blog Post: USCIS Policy Alert: Refugee and Asylee Relative Petitions

LexisNexis

USCIS, Dec. 20, 2024 "This policy update is part of an initiative to move existing policy guidance from the Adjudicators Field Manual (AFM) and policy memoranda into the Policy Manual. This update is not intended to change existing policy or create new policy. Rather, it incorporates existing guidance into the Policy Manual, streamlining USCIS immigration policy while removing obsolete information.

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DHL Plane Crash Black Box Shows No Foul Play, Lithuania Says

Insurance Journal

Initial findings from the flight recorders of a DHL-operated plane that crashed near Vilnius Airport in November have given no indication of “illegal interference”, according to the Lithuanian Justice Ministry.

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Blog Post: Cyrus Mehta on the H-1B Modernization Rule

LexisNexis

Cyrus Mehta, Dec. 23, 2024 "The Department of Homeland Security (DHS) announced a final rule, effective January 17, 2025 , that will significantly enhance U.S. companies ability to fill job vacancies in critical fields, strengthening our economy. The new rule modernizes the H-1B program by streamlining the approvals process, increasing [DHSs] flexibility to better allow employers to retain talented workers, and improving the integrity and oversight of the program.

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Virginia Governor Proposes $127 Million Disaster Relief Fund

Insurance Journal

Virginia Governor Glenn Youngkin, citing damage done by Hurricane Helen and other disasters, has proposed a $127 million disaster assistance fund to fill gaps left behind in communities by insurance and federal and private recovery efforts.

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US Bans Drones Over Infrastructure Sites in New York, New Jersey

Insurance Journal

The Federal Aviation Administration said on Thursday it was temporarily barring drone flights over dozens of critical infrastructure sites in New Jersey and New York.

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California Milk Output Down 9% in November on Bird Flu Outbreak

Insurance Journal

California’s milk production in November plummeted as a bird flu outbreak spreads rapidly among herds in the country’s biggest dairy state. The state produced just under three billion pounds of milk in November, down 9.

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Farmers Still Reeling After Hurricane Helene Ravaged Crops Across the Southeast

Insurance Journal

LYONS, Ga. (AP) Twisted equipment and snapped tree limbs still litter Chris Hopkins’ Georgia farm more than two months after Hurricane Helene made its deadly march across the South.

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CFPB Sues Walmart, Fintech for Illegally Opening Accounts

Insurance Journal

Walmart Inc. and one of its financial technology partners allegedly opened expensive bank accounts for delivery drivers without their consent, a US consumer protection agency said on Monday. The Consumer Financial Protection Bureau sued Walmart and Branch Messenger Inc.

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Michigan Taco Restaurant Owner Ordered to Pay $823K in Back Wages

Insurance Journal

A federal court has ordered the owner of three West Michigan taco restaurants to pay 177 workers a total of $823,326 after the court granted the U.S.

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Australia Braces for Worsening Bushfires as National Park Burns

Insurance Journal

Fire restrictions are in place across the Australian state of Victoria as one of its most popular national parks burns and officials warn of potentially “catastrophic” conditions in some areas over Christmas.

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NHTSA Proposes Voluntary Guidelines for Self-Driving Vehicles

Insurance Journal

In the waning days of President Joe Biden’s administration, the government’s highway safety agency is proposing voluntary safety guidelines for self-driving vehicles.

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