Thu.Oct 03, 2024

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Softbank Says Credit Suisse to Blame For Fund’s $440 Million Greensill Los

Insurance Journal

Softbank Group Corp., facing a $440 million lawsuit from Credit Suisse, said the bank was to blame for some of the investor losses tied to the collapse of Greensill Capital.

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What to Do After Filing the Insurance Claim

Property Insurance Coverage Law

Filing a property insurance claim can feel unfamiliar to many. However, once you’ve submitted your claim, there are key steps you can take to ensure the best possible outcome. Here’s a guide on what to do next, from tracking your claim to ensuring your rights are protected. Stay Organized After filing your claim, keep all … The post What to Do After Filing the Insurance Claim appeared first on Property Insurance Coverage Law Blog.

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The Chief Artificial Intelligence Officer: Leading AI Innovation and Risk Management

Insurance Journal

Generative artificial intelligence (AI) has emerged as a new technology with the potential to completely reshape business practices and create new avenues for innovation. It will significantly impact virtually every industry sector.

Risk 317
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Containers to be discharged from inoperative container ship

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Containers to be discharged from inoperative container ship appeared first on Insurance Marine News.

Marine 104
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Lloyd’s Focuses on Delegated Authority Arrangements as Looming Market Risk

Insurance Journal

While the Lloyd’s market reported its best first-half profit in 17 years, it isn’t resting on its laurels. It is carefully monitoring areas where potential vulnerabilities have been identified.

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Bulk carrier a long-time resident of Algerian port

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Bulk carrier a long-time resident of Algerian port appeared first on Insurance Marine News.

Marine 104
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American Dams Weren’t Built for Today’s Climate-Charged Rain and Floods

Insurance Journal

As flooding hammered Appalachia in the aftermath of Hurricane Helene, residents became intimately familiar with a new norm in the US’s post-storm script: dams at imminent risk of failing.

Risk 283

More Trending

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FEMA Doesn’t Have Enough Funding to Last Through Hurricane Season, Mayorkas Warns

Insurance Journal

The Federal Emergency Management Agency can meet immediate needs but does not have enough funding to make it through the hurricane season, Homeland Security Secretary Alejandro Mayorkas told reporters Wednesday.

Insured 279
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High Court sets aside tribunal decision on loss recovery from negligent seller

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post High Court sets aside tribunal decision on loss recovery from negligent seller appeared first on Insurance Marine News.

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AssuredPartners Acquires Halstead Agency of Massachusetts

Insurance Journal

Global insurance broker AssuredPartners announced it has acquired Halstead Insurance Agency, a Fitchburg, Massachusetts-based agency offering personal and commercial insurance. The Halstead team will remain under the operational leadership of agency president Anthony P. Trapasso, Jr.

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AI-powered attacks are growing: Is your company ready?

Frankenmuth Insurance

AI-powered attacks are a significant concern for individuals and businesses. They use advanced methods to exploit vulnerabilities and breach security measures, making traditional defenses less effective. To help protect your business from AI-powered attacks, you need a baseline understanding of the threats and the resources to stand up to them. Not sure where to start?

Cyber 91
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UK Broker Kingfisher Insurance Acquires MIS Motorsport’s Commercial Business

Insurance Journal

Kingfisher Insurance Services Ltd., the London-based specialist insurance broker, has acquired MIS Motorsport’s commercial business in the UK and Ireland. Financial details of the transaction were not disclosed.

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Plans revealed for $500m shipping fund in India

Splash: Finance and Insurance

India’s Alphard Maritime Group has set out to establish a $500m shipping fund in the country’s new financial services centre, Gujarat International Finance Tec-City (GIFT City). The plan is for Alphard to contribute Rs500 crore, while partners would provide another Rs4,500 crore to Indian shipowners looking to acquire assets worth between $10m and $20m.

Insured 91
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AccuWeather Increases Estimate of Helene’s Economic Loss to $225B-$250B

Insurance Journal

AccuWeather has increased its estimate of the total damage and economic loss from Hurricane Helene in the U.S. to between $225 billion and $250 billion. The range makes Hurricane Helene one of the most damaging and impactful storms in U.S.

Damage 278
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New seafarer law could have wide-reaching impact, says Gard

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post New seafarer law could have wide-reaching impact, says Gard appeared first on Insurance Marine News.

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Environmental Group Turns to Oyster Shells to Rebuild Sinking Louisiana Coastline

Insurance Journal

Jonathan Phillips says he thinks about Louisiana’s disappearing coastline every day. As a commercial fisherman and member of the Atakapa-Ishak/Chawasha tribe, he sees water levels rising in Plaquemines Parish firsthand.

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ADVERTISEMENT : Liability Underwriter – Smallcraft P&I

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post ADVERTISEMENT : Liability Underwriter – Smallcraft P&I appeared first on Insurance Marine News.

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Iowa Woman Charged With Insurance Fraud

Insurance Journal

An Iowa woman was charged with insurance fraud following an investigation by the Iowa Insurance Division’s Fraud Bureau. Antonia Maddison, age 46, of Sully, was charged with one count of Insurance Fraud – Application Submission (Class D Felony).

Insurance 277
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Drug gang used commercial ships and Chinese money brokers, claim Italian police

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Drug gang used commercial ships and Chinese money brokers, claim Italian police appeared first on Insurance Marine News.

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Maryland Approves $2.75 Million Settlement in State Police Discrimination Case

Insurance Journal

Maryland officials approved a $2.75 million settlement on Wednesday to resolve a federal investigation into discriminatory hiring practices affecting Black and female applicants to the Maryland State Police.

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NTSB says tug sinking incident was result of ATB captain’s error

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post NTSB says tug sinking incident was result of ATB captain’s error appeared first on Insurance Marine News.

Marine 52
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State Investigating Tenn. Plastics Factory After Flooding Killed 11 Workers There

Insurance Journal

A Tennessee plastics factory kept workers going until it was too late to evacuate before Hurricane Helene flooding swamped the building, employees have said.

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“Accidents happen when people don’t communicate”

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post “Accidents happen when people don’t communicate” appeared first on Insurance Marine News.

Marine 52
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Enhancing Underwriting Precision with AI and Cloud Technology: A Deep Dive into SelectsysTech’s RQB Platform

Insurance Journal

This post is part of a series sponsored by Selectsys. In today’s fast-paced insurance industry, precision in underwriting is not just a requirement—it’s a critical factor in maintaining competitiveness and ensuring profitability.

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How to Choose the Best Medicare Plan for 2025

P&L Financial Services

Medicare offers a variety of plans to meet the healthcare needs of seniors, but with so many options, it can be difficult to know which one is right for you. During the Medicare Annual Enrollment Period, from October 15 to December 7, you have the opportunity to switch plans or enroll in a new one. Understanding how to choose the best Medicare plan for 2025 ensures you receive the coverage you need at an affordable cost.

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Biden Says Prolonged Port Strike Would Be ‘Man-Made Disaster’

Insurance Journal

President Joe Biden ratcheted up pressure on US port employers and shipping lines to restart talks with striking dock workers, warning that the unfolding strike could turn into a “man-made disaster.

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10 Factors That Affect Homeowners Insurance Premiums in Florida

TGS

TGS Insurance » Blog 10 Factors That Affect Homeowners Insurance Premiums in Florida When it comes to homeowners insurance premiums, several factors come into play, and understanding them can be the key to managing your costs. While you might think it’s all about the size or value of your home, there’s a lot more at work beneath the surface. Let’s dig into the 10 factors that affect homeowners insurance premiums in Florida—and everywhere else, too. 1.

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WCIRB Summarizes 2024 California Workers’ Comp Legislation

Insurance Journal

The Workers’ Compensation Insurance Rating Bureau is giving its take on bills passed and passed on by California Legislature this year. The Legislature recessed for the year and Gov. Gavin Newsom had until Sept.

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Blog Post: Pitfalls Of Traditional Matter Management In The Legal Department

LexisNexis

Matter management with in-house legal teams can be highly automated with enterprise legal software , or done manually with the customary and traditional spreadsheets, forms and email. The 11th annual CounselLink 2024 Trends Report: Dynamics Shaping the Future of Legal indicates the rising cost of Large Law share of wallet. In fact, over the last three years, legal spend with outside counsel has increased dramatically.

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The Fidelis Partnership Launches Specialty Reinsurance MGA

Insurance Journal

Pine Walk Capital Ltd., the specialist MGA incubator platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch of Silverflame Re, a new specialty reinsurance MGA.

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Marine round-up : 4th October 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 : 4th October 2024 appeared first on Insurance Marine News.

Marine 52
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Texas’ Abbott Touts Dallas Finance Hub as New Bourse Makes Hires

Insurance Journal

Texas Governor Greg Abbott said the upstart Texas Stock Exchange will help transform Dallas into the country’s top financial center and boost businesses’ access to capital.

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Blog Post: The Untold Story: Migrant Deaths Along the US-Mexico Border and Beyond (Free Webinar)

LexisNexis

CMS: The Untold Story: Migrant Deaths Along the US-Mexico Border and Beyond October 16, 2024 01:00 PM - 02:00 PM (ET) The Journal on Migration and Human Security will soon release a special edition issue, “ Forced Migration, Deterrence, and Solutions to the Non-Natural Disaster of Migrant Deaths Along the US-Mexico Border and Beyond.” Authors of this special edition will discuss their articles and findings on migrant deaths along the US-Mexico border and beyond.

Policy 45
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McGriff Amps Up SE Benefits Offerings With Acquisition of Amity in Tampa

Insurance Journal

McGriff, a large retail insurance brokerage headquartered in Charlotte, announced it has acquired Amity Benefits, an employee benefits brokerage based in Tampa. Amity, founded in 2017, has specialized in the auto dealer space.

Insured 264
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Blog Post: Immigrant Leaders at the University of California Sue School for Discrimination

LexisNexis

UCLA Law, Oct. 1, 2024 "Today, a UCLA alumnus and a university lecturer, represented by attorneys from the law firm of Altshuler Berzon LLP, Organized Power in Numbers , and the Center for Immigration Law and Policy (CILP) at the UCLA School of Law , filed a lawsuit against the University of California (UC) for discriminating against undocumented students enrolled at the institution.

Policy 45
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Lawsuit Filed Over Road Rage Shooting by Off-Duty Police Officer

Insurance Journal

The family of a man who was left permanently disabled after he was shot in the head during a road rage encounter in New Jersey, allegedly by an off-duty New York City police officer, has filed a lawsuit against the …

Liability 262
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Tysers P&I Club Review #12: American Club

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Tysers P&I Club Review #12: American Club appeared first on Insurance Marine News.

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