Tue.Nov 12, 2024

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Michigan Jury Awards $12M to Woman Fired for Refusing to Get COVID Vaccine

Insurance Journal

DETROIT (AP) — A jury awarded more than $12 million Friday to a woman who lost her job at a Michigan insurance company after declining to get a COVID-19 vaccination.

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Appraiser Qualifications and Bad Faith Suits Against Policyholders in California—Chubb’s Attempt to Vacate Huge Glass Fire Appraisal Award Largely Fails

Property Insurance Coverage Law

In a significant victory for policyholders, a federal magistrate in Northern California recently rejected most of Federal Insurance Company’s (aka Chubb) attempts to vacate a substantial appraisal award in a Glass Fire case. The case, Pollock v. Federal Insurance Company, highlights the limited grounds for challenging appraisal awards and reinforces the binding nature of the … The post Appraiser Qualifications and Bad Faith Suits Against Policyholders in California—Chubb’s Attempt to

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Meta Pushes Back Against FTC Effort to Toughen Privacy Order

Insurance Journal

Meta Platforms Inc. rebuffed the Federal Trade Commission’s plans to modify a 2020 privacy settlement with the company, arguing that such a move would need approval from a federal court.

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Norwegian Hull Club CUO Fjeldstad will relocate from Bergen to Oslo

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Norwegian Hull Club CUO Fjeldstad will relocate from Bergen to Oslo appeared first on Insurance Marine News.

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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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Safeco to Take Personal Lines Renewal Business of Main Street America

Insurance Journal

Liberty Mutual’s Safeco Insurance has agreed to take the personal lines business of Main Street America, marking the second time in two months that Safeco has stepped in to assume a personal lines book of business from another insurer.

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More Trending

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World Insurance Associates Expands Louisiana Texas With 5 Acquisitions

Insurance Journal

World Insurance Associates LLC (“World”), announced today that it acquired the business of five entities with locations across Louisiana and Texas on August 1, 2024. The agencies are The Firm of Louisiana P&C, LLC (Lake Charles), McFatter Insurance Agency, Inc.

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Protest against Maersk Denver docking at Tanger Med II

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Protest against Maersk Denver docking at Tanger Med II appeared first on Insurance Marine News.

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Specialist Risk Group Acquires UK Claims Specialist One Claim Ltd.

Insurance Journal

Specialist Risk Group (SRG), the London-based specialist insurance intermediary, announced the acquisition of One Claim Ltd. Based in Essex, England, One Claim provides broker partners and their clients with claims management support from initial notification through to settlement.

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COP 29 agrees on carbon quality credit standards

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post COP 29 agrees on carbon quality credit standards appeared first on Insurance Marine News.

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Hub Acquires Texas’ ANCO Insurance

Insurance Journal

Hub International Limited announced that it has acquired the assets of ANCO Insurance Managers, Inc. (ANCO Insurance). Terms of the transaction were not disclosed.

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What’s Your Why? A Collective Portrait of Purpose and Compassion at National Comp 2024

AMAXX

At the heart of the 2024 National Comp conference in Las Vegas, Paradigm invited attendees to participate in a unique and interactive experience, transforming personal reflections into a striking work of art. The “What’s Your Why? Portraits of Purpose” engagement activity at Paradigm’s booth, invited participants to share the driving force behind their work in the workers’ compensation industry.

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Fire Crews on Both US Coasts Battle Wildfires; 1 Death in New York-New Jersey fire

Insurance Journal

Fire crews on both coasts of the United States continued battling wildfires on Sunday, including a blaze in New York and New Jersey that killed a parks employee and another in Southern California that destroyed more than 130 structures and …

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Healthcare Cyber Attacks: What You and Your Clients Should Know

ProWriters

Healthcare cyber attacks and data breaches have risen in recent years, according to The HIPAA Journal. The year 2023 set two records: the most reported healthcare data breaches (725) and the most breached records (more than 133 million). Several major breaches have made headlines. In February 2024, Change Healthcare, whose technology powers the processing of some 15 billion medical bills and insurance claims a year, suffered a ransomware attack.

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Insurance Payments are Making the Leap Into the Modern Era

Insurance Journal

One of the few remaining industries dominated by check payments is now adopting online payments and financing, shaped by modern retail checkout convenience and trends.

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US Gulf oil production hit by Hurricane Rafael

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post US Gulf oil production hit by Hurricane Rafael appeared first on Insurance Marine News.

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Storm-Weary Philippines Forcibly Evacuates Thousands as Another Typhoon Hits

Insurance Journal

A new typhoon barreled across an agricultural region in the northeastern Philippines on Monday after thousands were evacuated to safety while still struggling to recover from the devastation caused by three successive storms in the last three weeks.

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Unlocking a Smart Home Insurance Discount: How Your Gadgets Can Lower Your Premiums

TGS

TGS Insurance » Blog Unlocking a Smart Home Insurance Discount: How Your Gadgets Can Lower Your Premiums If you’ve recently dipped a toe into the world of smart home technology, you’re likely familiar with the benefits of convenience. From lights that respond to a voice command to cameras that monitor your front door and thermostats that “learn” your preferences, it feels like living in the future.

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Malaysia’s Top Bank Is Said to Weigh Options for Insurer Etiqa

Insurance Journal

Malayan Banking Bhd. is considering options including buying out Ageas SA’s minority stake in Etiqa as Malaysia’s biggest lender seeks to boost the value of the Southeast Asian insurer, according to people with knowledge of the matter.

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Marine round-up : 13th November 2024

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 13th November 2024 appeared first on Insurance Marine News.

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People Moves: Everest Promotes Davis to Lead Reinsurance Global Specialties Business; Miller Names Armitage and Gorman for Professional & Financial Lines Team

Insurance Journal

This edition of International People Moves details appointments at the Everest Reinsurance and the broker Miller. A summary of these new hires follows here. Everest Reinsurance, the reinsurance division of Bermuda-based Everest Group Ltd.

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Western Australia plans to move Fremantle container operations to Westport

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Western Australia plans to move Fremantle container operations to Westport appeared first on Insurance Marine News.

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Shell Wins Appeal Against Landmark Dutch Climate Ruling

Insurance Journal

Oil and gas major Shell on Tuesday won an appeal against a landmark ruling that required it to accelerate carbon reduction efforts, dealing a blow to campaigners who have turned to legal channels to pursue climate action.

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Maersk Tankers backs suction sails

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Maersk Tankers backs suction sails appeared first on Insurance Marine News.

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Envelop Risk Launches Underwriting Division, Naming Ex-Dale Underwriter Peters CEO

Insurance Journal

Envelop Risk, the reinsurance managing general agent and analytics specialist, announced the launch of Envelop Underwriting, which will encompass all existing cyber underwriting activities: Envelop Risk Bermuda and Envelop at Lloyd’s, including the Envelop Risk SPA 1925.

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Near-hurricane-force winds force cruise ship to turn around

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Near-hurricane-force winds force cruise ship to turn around appeared first on Insurance Marine News.

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Suvivors Want to Rebuild Safer, But Cost Misperceptions Can Stand in the Way

Insurance Journal

As Florida and the Southeast begin recovering from 2024’s destructive hurricanes, many people are asking: How can we rebuild sustainably and in a way that avoids the same damage, costs and trauma in future storms?

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Fain and Viking sign global service agreement on marine fire safety

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Fain and Viking sign global service agreement on marine fire safety appeared first on Insurance Marine News.

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Alphabet’s Waymo Opens Autonomous Ride-Hailing Service to All in Los Angeles

Insurance Journal

Alphabet’s Waymo said on Tuesday its autonomous ride-hailing service, Waymo One, is now available to everyone in Los Angeles, a sign of rapid growth and adoption of the technology. Waymo had closed a $5.

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Humana Medicare is expanding

PSM Brokerage

Have you heard? Humana Medicare is growing – And they’re expanding their footprint. Request details here Contact us today. We’d love to talk about opportunities for your business. Subject to Centers for Medicare & Medicaid Services (CMS) approval. Confidential and proprietary. For internal/agent use only. Do not distribute.

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UK Motor Insurer Direct Line to Cut 550 Jobs in Turnaround Bid

Insurance Journal

Direct Line Insurance Group Plc, the UK insurer that rejected a takeover attempt by Belgian rival Ageas SA earlier this year, is set to cut about 550 jobs as part of a turnaround plan aimed at saving £50 million ($64 …

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Where Can a Broker Get Insurance Marketing Assistance? Multiple Options Are Available – Including Aligning Yourself with a GA

Word & Brown

In today’s competitive health insurance landscape, brokers face the challenge of not only understanding complex health plans but also marketing them effectively to the right audiences. Health insurance marketing may require a careful strategy, as brokers must remain compliant with regulations while effectively engaging and educating potential clients.

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Plains All American Agrees to Pay $73 M to Settle California Oil Spill Lawsuit

Insurance Journal

Plains All American Pipeline has agreed to pay $72.5 million to settle a lawsuit over the 2015 Refugio Beach oil spill in Santa Barbara, a filing showed on Tuesday.

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2025 Medicare Parts A & B Premiums and Deductibles

PSM Brokerage

Download PDF The Centers for Medicare & Medicaid Services (CMS) released the 2025 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2025 Medicare Part D income-related monthly adjustment amounts. Medicare Part B Premium and Deductible Medicare Part B covers physicians’ services, outpatient hospital services, certain home health services, durable medical equipment, and certain other medical and health services not covered by Medicare Part A.