Fri.Dec 27, 2024

article thumbnail

New York to Fine Fossil Fuel Companies $75 Billion Over 25 Years for Climate Damage

Insurance Journal

New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday.

Damage 290
article thumbnail

Amica Finishes Number One in Claims Customer Satisfaction—Lessons For Adjusters About the Role of Empathy In an AI Claims Handling World

Property Insurance Coverage Law

Allen Laman wrote an article for Carrier Management, which was re-published in part in the Claims Journal, Claims Satisfaction Leaders Reveal Secrets to Success.One point of the article came as no surprise, with AMICA claiming top scores in a survey of claims customer satisfaction: Amica Mutual Insurance ranked highest in overall auto claims customer satisfaction … The post Amica Finishes Number One in Claims Customer SatisfactionLessons For Adjusters About the Role of Empathy In an AI Cla

Claim 203
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Germany’s BioNTech Settles With US Agency, UPenn Over COVID Vaccine Royalties

Insurance Journal

BioNTech has entered into two separate settlement agreements with the U.S. National Institutes of Health and the University of Pennsylvania over the payment of royalties related to its COVID-19 vaccine, the company said in filings.

264
264
article thumbnail

Paid Up Additions: The Magic of Cash Value Life Insurance

The Insurance Pro

Thepaid up additions feature of a whole life insurance policy is one of the most powerful components with respect to cash value accumulation. Most whole life products have a paid up additions (PUA) feature, but they can all work a little differently so it's important to note that one company's approach could vary substantially from. Keep Reading The post Paid Up Additions: The Magic of Cash Value Life Insurance appeared first on The Insurance Pro Blog.

article thumbnail

Pittsburgh Regional Transit Dealing With Ransomware Attack

Insurance Journal

Pittsburgh Regional Transit (PRT) has reported it is responding to a ransomware attack that was first detected on December 19, a day when the rail service experienced temporary disruptions.

264
264
article thumbnail

Financial Tips for Seniors: How to Maximize Social Security and Pension Benefits

P&L Financial Services

As an insurance agent, your role extends beyond policies and premiumsyoure a trusted advisor helping seniors navigate their financial futures. Social Security and pension benefits are critical components of that future, and your guidance can make all the difference. Heres how you can help your senior clients maximize these benefits while ensuring financial stability in retirement.

More Trending

article thumbnail

Blog Post: First Amendment Defenses to Alien Transportation Crimes

LexisNexis

Prof. Charquia Wright, First Amendment Defenses to Alien Transportation Crimes, 32 Wm. & Mary Bill Rts. J. 971 (2024) "Florida law now prohibits the transportation of undocumented aliens into the state. Briefings characterize these laws as unconstitutionally preempting federal immigration law and federal due process rights. Despite this emphasis on due process, field, and conflict preemption unconstitutionality, few have addressed the First Amendment implications of human smuggling pros

Crime 45
article thumbnail

New Texas Law Eliminates Annual Vehicle Safety Inspections

Insurance Journal

Most Texas drivers will no longer be required to have their cars pass an annual safety exam after state lawmakers removed the rule from Texas code. Texas is one of 15 states that mandate annual inspections for noncommercial cars.

246
246
article thumbnail

Blog Post: EOIR Final Rules

LexisNexis

1. Clarification Regarding Bars to Eligibility During Credible Fear and Reasonable Fear Review AGENCY: Executive Office for Immigration Review, Department of Justice. ACTION: Interim final rule; request for comment. SUMMARY: This interim final rule (IFR) makes a technical amendment to Department of Justice (Department) regulations to clarify that immigration judges de novo review of asylum officers credible fear and reasonable fear determinations shall, where relevant, include review of the asyl

40
article thumbnail

Minnesota Restaurant Owner to Pay $105K in Back Wages

Insurance Journal

Four Minneapolis restaurants with shared ownership will pay $105,784 in back wages, damages and penalties to resolve violations identified by U.S. Department of Labor, including illegally firing an employee who cooperated with investigators.

Damage 246
article thumbnail

Blog Post: Termination of Trial Testing of Redesigned Naturalization Test for Naturalization Applications

LexisNexis

This document is scheduled to be published in the Federal Register on 12/30/2024 "On December 15, 2022, DHS published a Federal Register Notice entitled Trial Testing of Redesigned Naturalization Test for Naturalization Applications, which announced it intended to conduct a nationwide trial of planned changes to the naturalization test, including a standardized English-speaking test, as part of the requirement to demonstrate an understanding of the English language, and a civics test with u

40
article thumbnail

Inszone Acquires Texas-Based Roten & Company Insurance

Insurance Journal

Inszone Insurance Services announced the acquisition of Roten & Company Insurance, a longstanding family-owned and operated insurance agency based in San Antonio, Texas.

article thumbnail

Blog Post: DOJ Settles Adelanto Immigration Jail Lawsuit

LexisNexis

While I wait for delivery of PDFs of docket entries, see news items here , here and here.

40
article thumbnail

Root Expands to Minnesota

Insurance Journal

Root has announced the availability of Root Insurance in Minnesota. The insurer now serves drivers in 35 states, extending its auto insurance offering to over 4 million registered drivers in Minnesota and covering more than three-quarters of the U.S. population.

article thumbnail

Local Regulations and Home Insurance Policies in Plano, TX

Paragon Independent Insurance Agencies

Understanding how local regulations near Plano, TX can influence your homeowner’s insurance policy is essential to protect and preserve your coverage. Knowing local building codes, state zoning requirements, and insurance regulations can also help you determine which homeowner’s insurance policy or provider is right for you. At Paragon Independent Insurance Agency, we can help you better understand how local regulations and home insurance policies are impacted together in Plano, TX.

article thumbnail

FDA Proposes Standardized Testing of Talc Cosmetics to Identify Asbestos

Insurance Journal

The U.S. Food and Drug Administration (FDA) has unveiled a proposed rule to require standardized testing to detect asbestos in talc-containing cosmetic products.

article thumbnail

NATO to Boost Baltic Sea Presence After Power, Internet Cable Damage

Insurance Journal

NATO said on Friday it would boost its presence in the Baltic Sea after the suspected sabotage this week of an undersea power cable and four internet lines, while alliance member Estonia launched a naval operation to guard a parallel …

Damage 245
article thumbnail

SCDOI Orders Atlantic Coast Life and its Reinsurer to Cease Writing in the State

Insurance Journal

South Carolina regulators have ordered Atlantic Coast Life Insurance and its captive reinsurer, Southern Atlantic Re, to stop writing new policies by Tuesday, Dec. 31.

article thumbnail

Crum & Forster Sells Credit Division to Amynta

Insurance Journal

Insurer Crum & Forster, a subsidiary of Fairfax Financial Holdings Limited, has sold its C&F Credit Division to Amynta Group.

article thumbnail

Colorado Secures Record Insurance Coverage for Stars Playing in Bowl Game

Insurance Journal

Colorado secured what it said was record insurance coverage for quarterback Shedeur Sanders and Heisman Trophy winner Travis Hunter as the star duo opted to complete their college careers in the Alamo Bowl rather than sit out and prepare for …

Insurance 237