Thu.Nov 21, 2024

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Why Asbestos Is Still Being Found in Some Cosmetics

Insurance Journal

Asbestos, a notorious carcinogen, was in widespread use throughout the 20th century – from building materials to brake pads and even fake snow on film sets including The Wizard of Oz and White Christmas.

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Benefits for Seasonal Employees | Solstice

Solstice Insurance Broker

If you have clients who own businesses with "seasonality" that requires a temporary workforce, as their valued broker, you must pay attention to the laws requiring benefits for seasonal employees. Here we will go the benefits requirements for seasonal employees and how they can affect your clients.

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Blacks and Hispanics Pay More for Auto Insurance. Study Tries to Answer Why.

Insurance Journal

A new study examining potential unintentional bias in auto insurance finds that while Black and Hispanic drivers pay more than other drivers for coverage, they also have more claims and driving infractions.

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When Proof Is Everything: The Lesson About a Cow Loss in Nebraska and Filing a Proof of Loss

Property Insurance Coverage Law

In the world of insurance claims, a simple yet often overlooked step can make or break a policyholder’s chance of recovery: The proof of loss. This was driven home in the 1891 case of German Insurance Company v. Fairbank, 1 where the Supreme Court of Nebraska issued a critical reminder that compliance with policy terms … The post When Proof Is Everything: The Lesson About a Cow Loss in Nebraska and Filing a Proof of Loss appeared first on Property Insurance Coverage Law Blog.

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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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Florida Citizens’ Brass Tired of ‘Clickbait’ News on its Hurricane Claims Denials

Insurance Journal

Officials with Florida’s Citizens Property Insurance Corp. took issue Thursday with a number of national and Florida news reports that have suggested that the insurer has the “worst rate” on paying claims after recent hurricanes.

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Clergy Abuse Victim Whose Parents Kicked Him Out Will Use Settlement to Help Others

Insurance Journal

Duane Gray says the priest at his Connecticut parish began sexually abusing him around 1974, when he was 12 years old. He told his parents, but they didn’t believe it and beat him repeatedly.

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Blog Post: How Lexis+ AI is Transforming the Game for Law Students

LexisNexis

By Madison Johnson, Esq. | Manager, Large Markets As the legal landscape continues to evolve, the ability to conduct efficient and accurate research remains paramount for law students and legal professionals alike. With the advent of Lexis+ AI ® , the game has been forever changed, and students are taking notice. According to recent student comments, Lexis+ AI ® is the primary reason why law students are choosing LexisNexis over its competitors.

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Second Teen Charged in New Jersey Forest Fire; New York Hopes Rain Douses Blaze

Insurance Journal

A second teenager was charged with intentionally setting a wildfire in a New Jersey suburb of Philadelphia as “significant” rainfall was expected to help douse a stubborn wildfire burning on the New Jersey-New York border Wednesday.

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Where Hong Kong leads the world

Splash: Finance and Insurance

Managing vessels is something the Special Administrative Region does better than most. The latest installment from our brand new magazine being distributed across Hong Kong Maritime Week. Hong Kong remains one of the world’s greatest centres for shipmanagement with a number of the biggest brands in the sector headquartered in the Special Administrative Region (SAR).

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Zurich Insurance Group Sets New Targets After Meeting Existing Ones a Year Early

Insurance Journal

Zurich Insurance Group AG set new targets for profitability and profit growth for the next three years, after a better-than-expected market environment put it on track to exceed its existing guidance a year ahead of plan.

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Blog Post: Unlock New Opportunities with Targeted Legal News

LexisNexis

By Madison Johnson, Esq. | Manager, Large Markets Legal professionals understand the importance of staying informed about breaking developments in the business world, but it is especially critical for them to be on top of legal industry news and trends. Making smart decisions for your firm and your clients requires access to timely updates and insights about developments in the courts, legislatures and specific areas of practice.

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Miami Insurance Agent Pleads Guilty to Keeping $6M in Premium Finance Loans

Insurance Journal

A Miami insurance agent has pleaded guilty to defrauding a Georgia credit union by obtaining loans for condominium associations’ premium financing then using the $6 million for personal gain.

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Severe weather driving tips: how to drive more safely in any condition.

Frankenmuth Insurance

When severe weather hits, the way you drive can mean the difference between arriving safely and getting stuck in a dangerous situation. Follow our severe weather driving tips for upcoming fog , rain, snow , and ice. Buckle up. It’s the law. Everyone in your vehicle should have their seat belt on at all times. Seat belts are especially critical during severe weather and dangerous conditions.

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Ninety One Joins Rush of Asset Managers Chasing Insurer Deals

Insurance Journal

South African asset manager Ninety One Ltd. has agreed to sell a stake to Sanlam Ltd., joining a raft of investment firms that have been tapping the deep pockets of insurers through such deals.

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Blog Post: Recording of Webinar: Immigration Reform in 2025 (Cornell Law)

LexisNexis

Overview "Immigration will be a key issue in 2025. Everyone agrees that we have a broken immigration system, but people disagree on the solutions. Congress is paralyzed. Presidents try executive actions but are sued. Federal courts seem to be the final arbiters of immigration policy these days. In the meantime, employers face labor shortages. The demographics of an aging population and declining birth rates are indisputable.

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New Jersey Bakery Fined $385K After OSHA Says Workers Still Exposed to Hazards

Insurance Journal

A New Jersey commercial baker in Paterson faces $385,221 in federal penalties after a U.S. Department of Labor investigation found the employer failed to correct workplace safety hazards identified in 2023.

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5 Tips for Building an Insurance Client Base

Word & Brown

The key to nurturing and growing your business is to increase your customer base. You want to do whatever you can to attract and reach potential new customers, build a lasting connection with current clients (so they stay customers and generate referrals), and rekindle connections with former customers (if they’re still in business and in need of your services).

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Risk Strategies Acquires Ohio’s Cornerstone

Insurance Journal

Risk Strategies announced it has acquired the assets of Ohio-based employee benefits specialty organization Cornerstone Broker Insurance Services Agency, Inc., an Ohio-based national provider of employee benefits solutions.

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CYBER SURPRISES

Rough Notes

Rulings raise questions about key coverages and exclusions. [E]enterprises (that outsource e-commerce functions) can breathe a little easier after a recent decision of the Superior Court of Pennsylvania, but they need to remain vigilant regarding their insurance coverage. So what else is new? By Joseph S. Harrington, CPCU Remember “e-commerce?

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CSB: 27,000 Pounds of Toxic Gas Released in Texas Hydrogen Sulfide Release

Insurance Journal

The U.S. Chemical Safety Board released an investigation update into a fatal hydrogen sulfide release at PEMEX Deer Park Refinery in Texas. The incident occurred on October 10, 2024, and killed two workers and injured 13 others.

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Fishing vessel grounds off Rhode Island

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Fishing vessel grounds off Rhode Island appeared first on Insurance Marine News.

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New Orleans to Pay $20M to School District to Settle Long-Running Suit

Insurance Journal

The New Orleans City Council and Orleans Parish School Board announced Monday that they have found a partial solution to the NOLA Public Schools district’s estimated $36 million budget gap.

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UK Supreme Court clarifies time-bar issue on misdelivery claims

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post UK Supreme Court clarifies time-bar issue on misdelivery claims appeared first on Insurance Marine News.

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People Moves: Omaha National Appoints Klucarich as Chief Actuary

Insurance Journal

Omaha National Group, Inc. announced the appointment of Joan Klucarich as its Chief Actuary. Ms. Klucarich is joining Omaha National after working as Actuarial Manager with Risk & Regulatory Consulting, a national professional services firm. Ms.

Risk 246
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Netherlands to hire private security firms for North Sea infrastructure

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Netherlands to hire private security firms for North Sea infrastructure appeared first on Insurance Marine News.

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Bank of Japan Governor Warns AI Could Bring New Financial Stability Risks

Insurance Journal

Bank of Japan Governor Kazuo Ueda said on Thursday central banks must be mindful that technological advances, such as in the area of artificial intelligence (AI), could bring new risks to financial stability.

Risk 246
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Some Brazil port pilots refuse to board ships with faulty air-conditioning

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Some Brazil port pilots refuse to board ships with faulty air-conditioning appeared first on Insurance Marine News.

Marine 52
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CIAB: All Commercial Lines See Lower Q3 Premium Increases Except Umbrella

Insurance Journal

Respondents of a recent survey reported lower premium increases for all lines of business except umbrella during the third quarter.

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Markel names Pressman senior underwriter for marine cargo

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Markel names Pressman senior underwriter for marine cargo appeared first on Insurance Marine News.

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NSA Director Wants Industry to Disclose Details of Telecom Hacks

Insurance Journal

The director of the National Security Agency on Wednesday urged the private sector to take swift, collective action to share key details about breaches they have suffered at the hands of Chinese hackers who have infiltrated US telecommunications.

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Cargo surge continues at Port of Los Angeles, Port of 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 Cargo surge continues at Port of Los Angeles, Port of Long Beach appeared first on Insurance Marine News.

Marine 52
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Australia’s Top Female Executives Make US$103,000 Less Than Men

Insurance Journal

Australia’s top female business chiefs are earning A$158,632 ($103,340) less per year than their male counterparts, according to the Workplace Gender Equality Agency, with the overall pay disparity between men and women nationally sitting at 21.8%.

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Resumption of port strikes in Canada a possibility

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Resumption of port strikes in Canada a possibility appeared first on Insurance Marine News.

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