Fri.Aug 09, 2024

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Taylor Swift Cancellations Deal Blow to Insurers: Sources

Insurance Journal

Insurers face millions of dollars in claims after a foiled attack forced three Taylor Swift concerts in Austria to be canceled, though several providers will share out the hit, two people involved in insurance for her tour told Reuters.

Insurance 312
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Where to Find the Best Car Insurance in Utah

Central Insurance

Looking for the best car insurance in Utah? Discover the top policies you need to protect yourself or your business on the road. The post Where to Find the Best Car Insurance in Utah appeared first on Central Insurance Blog.

Insurance 130
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California Commissioner Moves to Implement Insurance Rate Review Reforms

Insurance Journal

California Insurance Commissioner Ricardo Lara on Friday released a statement on his latest administrative action designed to address the state’s homeowners insurance crisis.

Insurance 289
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Amendment to Louisiana Unfair Claims Settlement Practice Adds Weapon to the Policyholder’s Arsenal

Property Insurance Coverage Law

The “Hurricane Season from Hell” 1 is upon us. Hurricane Beryl, a Category 5 storm at peak strength and a rarity for July, impacted the Texas coast only weeks ago. As we inch closer to the statistical height of the Hurricane Season, Louisiana policyholders need to be aware that very significant revisions affecting first-party claims … The post Amendment to Louisiana Unfair Claims Settlement Practice Adds Weapon to the Policyholder’s Arsenal appeared first on Property Insurance Coverage Law

Claim 133
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Hong Kong’s Insurance Boom Lures Job-Seeking Mainlanders

Insurance Journal

Hong Kong is seeing an influx of professionals from mainland China’s finance and tech sectors who are disillusioned with their career and salary prospects across the border.

Insurance 289
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Get Long Term Care Insurance Quotes Now

Simply Insurance

Get your ltc insurance rates today with no hassle. Get a quote from a licensed agent for the best rates.

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Court Orders Regulators to Fix Process, Reconsider Gas Export Projects in South Texas

Insurance Journal

McALLEN — A federal court struck down a regulatory agency’s authorization of two controversial, multi-billion-dollar gas export projects in far South Texas, one of which is already under construction.

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New York City Deploys Drones to Warn About Storms

Insurance Journal

Gone is the bullhorn. Instead, New York City emergency management officials have turned high-tech, using drones to warn residents about potential threatening weather.

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Australia’s QBE Reports More Than Doubling of 1st-Half Profit, but Misses Estimates

Insurance Journal

Australia’s QBE Insurance Group on Friday reported a more than twofold jump in its first-half profit, boosted by higher income from premiums, but missed analysts’ view, sending its shares to over a six month low.

Premium 264
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Japan Issued Its First ‘Megaquake’ Warning After Powerful Tremor

Insurance Journal

An earthquake off the coast of Japan’s southern island of Kyushu prompted the government to issue its first-ever warning for a megaquake from an undersea trough running along a swath of the country’s coast.

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Hyundai, Kia Software Upgrades Cut Theft Rates By More Than Half, HLDI Finds

Insurance Journal

Anti-theft software upgrades provided for Hyundai and Kia vehicles regularly targeted by thieves has cut theft rates by more than half, according to new research from the Highway Loss Data Institute.

Theft 264
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Judge Tosses Suit Alleging Excessive Force During Dakota Access Pipeline Protest

Insurance Journal

BISMARCK, N.D. (AP) — A federal judge in North Dakota has thrown out the remainder of a lawsuit by an Arizona man who alleged excessive force was used against him when he was protesting the Dakota Access oil pipeline.

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Delta Rejects CrowdStrike Criticism, Sees $500 Million Hit From Cyber Outage

Insurance Journal

Delta Air Lines said on Thursday it is pursuing legal claims against CrowdStrike and Microsoft after a global outage last month caused mass flight cancellations, disrupting travel plans of 1.3 million customers and costing it at least $500 million.

Cyber 264
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Oklahoma Contractor Faces $85K Fine Over Fatal Trench Collapse

Insurance Journal

An Edmond, Oklahoma contractor with a history of workplace safety violations dating back to 2018, including three related to the dangers in underground trenches, was found disregarding U.S. Department of Labor regulations.

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Palomar Plans Public Offering to Fund $25M Acquisition of Surety Bonds Specialist FIA

Insurance Journal

La Jolla, California-based Palomar Holdings, Inc. reports it is buying First Indemnity of America Insurance Co. (FIA), a Morris Plains, New Jersey domiciled insurance carrier specializing in surety bonds for small to medium sized contractors primarily in the Northeast states.

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Hurricane/Tropical Storm Debby Should be Manageable for Insurers, Early Data Show

Insurance Journal

Reports from Gallagher Re and the Florida Office of Insurance Regulation suggest that Tropical Storm Debby will not be a heavy lift for property insurers and reinsurers.

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Sign of the Times: With Debby, Georgia Neighborhood Floods Twice Since 2016

Insurance Journal

POOLER, Ga. (AP) — The water began seeping into Keon Johnson’s house late Monday night after Tropical Storm Debby had been dumping rain nearly nonstop throughout the day.

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New York, Mid-Atlantic States On Tornado Watch as Debby Remnants Move North

Insurance Journal

A tornado threat is expected today from the Mid-Atlantic states northward into eastern New York, according to the National Weather Service.

Risk 257
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Dog Chewing on Lithium-Ion Battery Sparks House Fire in Oklahoma

Insurance Journal

TULSA, Okla.

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