Insurance Journal

NOVEMBER 11, 2024

Progressive said it will stop offering dwelling fire insurance, with nonrenewal notices going out as early as Nov. 19.

Insurance 331

Insurance Insurer Insured 331

Property Insurance Coverage Law

NOVEMBER 11, 2024

A recent federal appellate decision serves as a stark reminder for property managers about the importance of properly structuring insurance coverage for their property owner clients. In Sky Harbor Atlanta Northeast, LLC v. Affiliated FM Insurance Company, the court’s ruling highlighted a critical oversight that left the property owner without standing to sue the insurance … The post Property Managers and Commercial Owners Beware: Insurance Placement Should List the Property Owner as

Commercial 100

Commercial Property Insurance Insurance Insured 100

Insurance Journal

NOVEMBER 11, 2024

California Insurance Commissioner Ricardo Lara issued a mandatory one-year moratorium on insurance companies to preserve residential insurance coverage for more than 11,000 policyholders affected by the Shelly Fire located in Siskiyou County and the Bear Fire located in Sierra County.

Policyholder 246

Policyholder Insurance Companies Insurer Insured 246

Insurance Marine News

NOVEMBER 11, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Spain stops US vessel from docking because of suspected Israeli military connection appeared first on Insurance Marine News.

Marine 107

Marine Insurer Insurance Insured 107

Insurance Journal

NOVEMBER 11, 2024

Nonresident surplus lines brokers working in Alabama, like their in-state brethren, must secure a $50,000 fidelity bond to be licensed in the state, starting Jan. 1. The Alabama Department of Insurance posted the bulletin last week.

Broker 246

Broker License Insurer Insurance 246

Insurance Marine News

NOVEMBER 11, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Lockouts now in place on both Canadian coasts appeared first on Insurance Marine News.

Marine 105

Marine Insurer Insurance Insured 105

Insurance Marine News

NOVEMBER 11, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Panama has major throughput ambitions appeared first on Insurance Marine News.

Marine 108

Marine Insurer Insurance Insured 108

Insurance Journal

NOVEMBER 11, 2024

New York City can’t use an unconstitutional, two-century-old “anti-pauper” law to block the state of Texas from offering migrants free bus rides to the city from the southern border, a state judge has ruled.

Marine 246

Marine 246

LexisNexis

NOVEMBER 11, 2024

Generative artificial intelligence (Gen AI) is a new category of technology that has the potential to transform the way that law is practiced all over the world. The way your firm deploys Gen AI is crucial to your ability to serve clients most efficiently and effectively. Many early adopters of this technology have learned to their dismay, as reported by Law360 , that there are some important risks posed by attorneys’ reliance on commercially available general purpose AI tools.

Risk 105

Risk Policy Commercial Damage 105

Insurance Journal

NOVEMBER 11, 2024

The Biden administration plans to support a controversial cybercrime treaty at the United Nations this week despite concerns that it could be misused by authoritarian regimes, according to senior government officials.

Cyber 244

Cyber 244

Insurance Marine News

NOVEMBER 11, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Oil transfer from Sounion is underway off Suez appeared first on Insurance Marine News.

Marine 95

Marine Insurer Insurance Insured 95

Insurance Journal

NOVEMBER 11, 2024

This post is part of a series sponsored by Selectsys. In today’s fast-paced insurance market, underwriters and wholesalers face increasing pressure to streamline operations, reduce manual processes, and enhance efficiency across multiple lines of business (LOBs).

Underwriting 243

Underwriting Underwriter General Liability Liability 243

Insurance Marine News

NOVEMBER 11, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Shipbrokers clinch deal to transport ex-Fremantle Highway to China for repairs appeared first on Insurance Marine News.

Marine 96

Marine Insurer Insurance Insured 96

Insurance Journal

NOVEMBER 11, 2024

Inszone Insurance Services acquired Nugent Insurance Brokers LLC in Chico, California. Valerie and Tom Nugent Jr., and Tom Jr.’s daughter, Marissa, will remain with Inszone.

Insurance Broker 238

Insurance Broker Broker Insurer Insurance 238

Insurance Marine News

NOVEMBER 11, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post EC head says EU might replace Russian LNG imports with US supplies appeared first on Insurance Marine News.

Marine 85

Marine Insurer Insurance Insured 85

Insurance Journal

NOVEMBER 11, 2024

Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8 billion was “fraudulently transferred” by FTX management to Binance and its executives.

228

228

AMAXX

NOVEMBER 11, 2024

Returning an injured employee to work is a critical aspect of workers’ compensation management. When done effectively, it can significantly reduce costs, improve employee morale, and ensure smooth operations. However, many companies inadvertently sabotage their own return-to-work (RTW) programs by failing to recognize and address hidden obstacles.

Policy 75

Policy Workers Comp Workers Compensation Injury 75

Insurance Journal

NOVEMBER 11, 2024

The U.S. Department of Labor has announced that its Office of Federal Contract Compliance Programs and Abiomed Inc.

237

237

Insurance Marine News

NOVEMBER 11, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Group Clubs release updated sanctions advisory appeared first on Insurance Marine News.

Marine 52

Marine Insurer Insurance Insured 52

Insurance Journal

NOVEMBER 11, 2024

LP Insurance Services LLC named Travis Reed to its commercial lines team in northern Nevada. Reed has more than 10 years of industry experience, most recently as a sales executive with Alpine Insurance Associates.

Commercial 240

Commercial Insurer Insurance Insured 240

PSM Brokerage

NOVEMBER 11, 2024

OEP Trainings Start in January - Register Now! Join us in January for the first of our Medicare open enrollment period (OEP) trainings. These trainings will focus on retention, supplemental benefits, and special needs plans. In each class, you’ll learn valuable tips to help you build your sales strategy for OEP and beyond. Please see below for an overview of our January classes.

Building 52

Building 52

Property Insurance Centre

NOVEMBER 11, 2024

Why Can’t I get Insurance ? Why can’t I get Insurance? It can be an extremely nuanced subject & question. You can’t get insurance (at all), you can get insurance but the price is extortionate, you can’t get insurance for certain perils on a buildings policy that are important, you can’t get insurance with an acceptable excess, you can’t get insurance due to your postcode, you can’t get insurance due to previous claims or you can’t get insurance as you live too close to the sea!

Insurance 52

Insurance Insured Insurer Premium 52

Zywave

NOVEMBER 11, 2024

The insurance market is competitive right now, and it has been for the past several years. Some of the drivers contributing to this competition include the economy, the rise of new technologies, and new players entering the market. Most of these factors are outside your control, but there is one area where you can set yourself up to stand out from the competition: taking advantage of the benefits of digital insurance solutions.

Building 52

Building Broker Insurer Insurance 52

Elmore

NOVEMBER 11, 2024

UK motor insurer targets £50mn cost savings in 2025 after bruising period The post Direct Line to cut 550 jobs in turnaround effort appeared first on Elmore Insurance Brokers.

Insurance Broker 52

Insurance Broker Broker Insurer Insurance 52

Insurance Marine News

NOVEMBER 11, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 12th November 2024 appeared first on Insurance Marine News.

Marine 52

Marine Insurer Insurance Insured 52

LexisNexis

NOVEMBER 11, 2024

This article on preparing for trial with in-house counsel goes straight to the source for guidance—a firm attorney and in-house counsel. These experts address the importance of working collaboratively in developing trial themes, selecting trial witnesses, and choosing trial documents. At trial, in-house counsel’s knowledge of the client and relationships with stakeholders, partnered with trial counsel’s experience and breadth of knowledge, is sure to ensure a good outcome.

Building 40

Building Protection Risk Insurer 40

Insurance Journal

NOVEMBER 11, 2024

A Federal Emergency Management Agency employee who ordered workers to bypass homes with yard signs supporting President-elect Donald Trump has been fired, the agency’s head said Saturday.

246

246

LexisNexis

NOVEMBER 11, 2024

2025 is right around the corner! Public companies have a considerable number of reporting deadlines, beginning (in most cases) with filing Form 10-K for the year ending December 31, 2024. Use this calendar to plan the year’s reporting obligations for public company clients. Read now » Related Content SEC Reporting for Voluntary Filers Checklist Ensure that your voluntary filer client complies with the applicable disclosure rules.

Protection 40

Protection Risk 40

LexisNexis

NOVEMBER 11, 2024

During third-party service provider incidents, businesses are not usually the ones in the driver's seat. However, they need to focus on what they can control before, during, and immediately after an incident. Check out the article below for steps to consider for a smoother ride. Read now » Related Content Third-Party Vendor Data Privacy Risk Management Read up on legal requirements and best practices for mitigating third party/vendor risks by ensuring that vendor contracts comply with s

Cyber 40

Cyber Risk Protection 40

LexisNexis

NOVEMBER 11, 2024

The IRS announced recently the 2025 limits that apply to qualified retirement plans and IRA contributions. The new annual elective deferral limit under IRC Section 402(g) that applies for 401(k) and 403(b) plans rises by just $500, to $23,500. Catch-up contributions remain at $7,500, except for those who first attain ages 60, 61, 62, or 63 in 2025. There, under SECURE 2.0 Act changes, the catch-up limit for 2025 (if the plan permits) is $11,250.

Compensation 40

Compensation Deductible Protection Claim 40

LexisNexis

NOVEMBER 11, 2024

Need guidance and best practices for counseling employers on key employment discrimination and diversity, equity, and inclusion (DEI)-related legal issues associated with using artificial intelligence (AI) tools? Read AI and DEI & Employment Discrimination: Key Legal Issues and Potential Pitfalls & Benefits by Emily Schifter, Troutman Pepper LLP.

Risk 40

Risk Policy Claim Protection 40

LexisNexis

NOVEMBER 11, 2024

The 2024 landmark case , Loper Bright Enters. v. Raimondo, 144 S. Ct. 2244 (June 28, 2024) , officially jettisoned the 40-year-old Chevron two-step standard for statutory interpretation. Will Loper Bright motivate the Treasury Department and IRS to now avoid formal rulemaking and shift to more informal guidance that can be issued quickly without notice and comment?

Protection 40

Protection Risk 40

LexisNexis

NOVEMBER 11, 2024

Chapter 11 debtors and courts are still grappling with the effect of the Harrington v. Purdue Pharma. In the decision, the Supreme Court did not address what constitutes a consensual third-party release. Check out this expertly drafted article discussing the post- Purdue cases that analyze the permissibility of third-party releases with opt-out mechanisms.

Protection 40

Protection Risk 40

LexisNexis

NOVEMBER 11, 2024

LexisNexis continues to expand its Practical Guidance offering with a wealth of new resources across practice areas. This month introduces several exciting new tools and content to help legal professionals work more efficiently. To view these resources, sign in or take a free trial of Practical Guidance today! Cross-Practice Area Resources One major addition is the new Natural Disaster Response Resource Kit , which compiles planning and response guidance across eight practice areas and topics, i

Commercial 40

Commercial Policy Insurer Insurance 40