Insurance Journal
OCTOBER 24, 2024
Global commercial insurance rates fell 1% in the third quarter of 2024 from the previous quarter, which marked the first time the index has recorded a quarterly decline since the third quarter of 2017, according to the Global Insurance Market …
Property Insurance Coverage Law
OCTOBER 24, 2024
The recently issued Emergency Rule 69BER24-4 in Florida creates a concerning conflict with Xactimate’s license agreement, highlighting yet another way the insurance industry exercises control over claims adjusting practices. Xactimate’s license agreement explicitly states: “You agree not to prohibit or preclude deviations from the Price Data where contractor requirements, market conditions, demand or any other … The post Florida’s Emergency Ethical Rule Conflicts wi
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Insurance Journal
OCTOBER 24, 2024
As the third-fastest growing company on a list of the world’s top 50 largest insurance companies, State Farm Mutual Automobile Insurance Co. continued to rank No. 1, according to research S&P Global Market Intelligence. State Farm recorded nearly $87.
LexisNexis
OCTOBER 24, 2024
By Madison Johnson, Esq. | Marketing Manager One of the foundational disciplines of the practice of law is the drafting of documents, from business contracts and licensing agreements to client legal memoranda and litigation briefs, pleadings and motions. There is pressure to create documents that are effective for the client and to do so in an efficient manner.
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Insurance Journal
OCTOBER 24, 2024
Intesa Sanpaolo SpA is replacing thousands of staff with younger hires to set the firm up for the use of artificial intelligence, demonstrating how much the technology is impacting workers across the financial industry.
Splash: Finance and Insurance
OCTOBER 24, 2024
Taiwanese carrier TS Lines launched its initial public offering in Hong Kong Thursday, looking to raise up to about $145m. The intra-Asia feeder specialist is floating nearly 251m shares at HK$3.50 to HK$4.50 apiece, according to a Thursday filing, of which 10% are being offered publicly in Hong Kong and 90% to international investors.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Frankenmuth Insurance
OCTOBER 24, 2024
Household leaks, small and large, can lead to structural damage and hefty repair bills. But with some proactive measures, you can significantly reduce the risk of water damage to your home, and prevent future hassles. Our experts are weighing in with insider advice to avert water damage that starts both inside and outside your home. Expert tips to stop water damage originating INSIDE your home.
Insurance Journal
OCTOBER 24, 2024
Brazilian authorities will sign on Friday a long-awaited reparation deal with miners Vale, BHP and Samarco over the 2015 Mariana dam collapse, the country’s presidential office said on Wednesday.
AMAXX
OCTOBER 24, 2024
Workplace injuries can have significant financial and operational impacts on businesses, but the cost to the employee is often much greater. From physical pain to financial insecurity, an injury can be life-altering. Despite this, many employers overlook one of the most critical aspects of workplace injury management: rehabilitation. Rehabilitation, particularly through physical therapy, occupational therapy, and vocational rehabilitation, plays a vital role in an employee’s recovery proce
Insurance Journal
OCTOBER 24, 2024
Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has launched disaster resilience vehicle with the United Nations Capital Development Fund (UNCDF) to deliver disaster risk financing to Small Island Developing States (SIDS) in the Pacific.
Rough Notes
OCTOBER 24, 2024
Has success in rebuffing COVID claims reduced the scope of income coverage? Since 2020, courts have changed their tune. Why? We all know why: the COVID-19 pandemic. By Joseph S. Harrington, CPCU Attorney Richard P. Lewis of the law firm Reed Smith is an impressive individual.
Insurance Journal
OCTOBER 24, 2024
A Texas federal judge with a record of ruling in favor of conservative causes injected uncertainty into Boeing’s agreement to plead guilty over two fatal 737 MAX plane crashes, seizing upon a single sentence in the deal about the U.S.
Splash: Finance and Insurance
OCTOBER 24, 2024
Greece’s Performance Shipping has agreed a new sale and leaseback deal for one of its newbuilds.
Insurance Journal
OCTOBER 24, 2024
The owner of a Fresno, California-based for-profit vocational school was charged with engaging in fraudulent billing practices related to workers’ compensation. Paul Steve Ramirez, 59, was charged with 11 felony counts, including insurance fraud.
Insurance Marine News
OCTOBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Attacks on ships in Ukraine threaten 1% of dry bulk market: BIMCO appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 24, 2024
A former employee of a propane supplier has been charged in the death of a volunteer firefighter who died while responding to a house explosion in Sterling, Virginia in February, officials said this week.
Insurance Marine News
OCTOBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Two vessels suffer mishaps during transit of Kiel Canal appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 24, 2024
Until now, PCF Insurance Services was focused on size and scale, with independently operated offices that may not have known the PCF brand. That’s all about to change.
Insurance Marine News
OCTOBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post US Appeals Court sets aside $440m Havana damages award against cruise lines appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 24, 2024
ATLANTA (AP) — Former Georgia Insurance Commissioner John Oxendine, now in federal prison, has surrendered his law license after pleading guilty to conspiracy to commit health care fraud.
Insurance Marine News
OCTOBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Somalian pirates likely to return, soon, warns EOS appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 24, 2024
NEW ORLEANS, La. (AP) — Federal officials want to know if Louisiana remains committed to a nearly $3 billion planned coastal restoration project that litigation has stalled.
Insurance Marine News
OCTOBER 24, 2024
International Group Club member Steamship Mutual has announced a 5% General Increase for 2025/26, applied to premium on all classes of business. The Club said that “premium levels are under pressure due to the increasing cost of claims and premium churn”. There will be a capital distribution to Members of about $42m, which will be. The post Steamship announces 5% general increase appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 24, 2024
AM Best has revised the outlooks to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICRs) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of American Family Mutual Insurance …
Top Insurance Blogs
OCTOBER 24, 2024
Claiming insurance in Florida after Hurricane Milton involves several steps. The post How to claim insurance in Florida after Hurricane Milton appeared first on My Top Insurance Blogs.
Insurance Journal
OCTOBER 24, 2024
A Colorado man has filed what appears to be the first lawsuit against McDonald’s over an E. coli outbreak linked to Quarter Pounder burgers that has killed one person and sickened nearly 50 others.
LexisNexis
OCTOBER 24, 2024
Legal department budgeting is enhanced with accurate forecasting and smart financial budgeting tools essential for law department stability. To that end, legal department budgeting not only aids in the financial and economic health of the law department but also contributes to strategic decision-making for legal department leadership and those in other business units.
Insurance Journal
OCTOBER 24, 2024
An Iranian hacking group is actively scouting U.S. election-related websites and American media outlets as election day nears, according to a Microsoft blog published on Wednesday. Researchers say the activity suggests “preparations for more direct influence operations.
LexisNexis
OCTOBER 24, 2024
By: Justin Brownstone and Greg Selbo Lex Machina is proud to announce the release of its new API Alerts, which enhances and expands the scope of our powerful existing alert tool and API functionality. API Alerts combine Lex Machina’s popular alerting service with the option to receive alerts in a machine readable format. API Alerts enable API customers to embed data directly into their workflows and other tools.
Insurance Journal
OCTOBER 24, 2024
After two weeks of number-crunching, it now seems clear that investors in catastrophe bonds emerged from Hurricane Milton relatively unscathed.
Insurance Marine News
OCTOBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 25th October 2024 appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 24, 2024
MONTGOMERY, Ala. (AP) — A judge has appointed a mediator in the long-running dispute over who gets licenses to grow and sell medical marijuana in Alabama.
Insurance Marine News
OCTOBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Changes at the top for INTERCARGO appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 24, 2024
This edition of International People Moves details appointments at Liberty Specialty Markets and Howden Re. A summary of these new hires follows here.
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