Progressive to End Offering Dwelling Fire Insurance
Insurance Journal
NOVEMBER 11, 2024
Progressive said it will stop offering dwelling fire insurance, with nonrenewal notices going out as early as Nov. 19.
Mon.Nov 11, 2024
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Why Should I Invest in Grooming Insurance?
Central Insurance
NOVEMBER 11, 2024
Discover why grooming insurance is essential for dog groomers. Learn how it protects your business, assets, and clients while ensuring financial stability. The post Why Should I Invest in Grooming Insurance? appeared first on Central Insurance Blog.
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California Insurance Commissioner Orders 1-Year Moratorium on Cancellations for Wildfire Victims
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.
Spain stops US vessel from docking because of suspected Israeli military connection
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.
Streamline Insurance Claims Management By Analyzing Legal Trends
Advertiser: Trellis
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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NYC Man is Charged With Insurance Fraud in Staged Car Crash Captured By Dashcam
Insurance Journal
NOVEMBER 11, 2024
A New York City man has been charged with staging a car accident for insurance fraud purposes last month in a case that received wide publicity after the victim shared dashboard camera footage of the crash, authorities announced Friday.
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Nonresident Surplus Brokers in Alabama Must Have $50,000 Bond Starting Jan. 1
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.
Blog Post: Make Sure Your Legal AI Solution Adheres to Ethical AI Principles
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.
Judge Says New York Can’t Use ‘Antiquated, Unconstitutional’ Law to Block Migrant Buses from Texas
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.
Lockouts now in place on both Canadian coasts
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.
Transforming Insurance Operations Across All Lines of Business with Underwriter Link
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).
Property Managers and Commercial Owners Beware: Insurance Placement Should List the Property Owner as a Named Insured
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
Biden Administration to Support Controversial UN Cyber Treaty
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.
Oil transfer from Sounion is underway off Suez
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.
Inszone Acquires Nugent Insurance Brokers in California
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.
Part 1 of 3: Are You Sabotaging Your Return to Work Program-Hidden Policy Obstacles
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.
Abiomed to Pay $57K to Resolve Alleged Gender-Based Promotion Discrimination
Insurance Journal
NOVEMBER 11, 2024
The U.S. Department of Labor has announced that its Office of Federal Contract Compliance Programs and Abiomed Inc.
Shipbrokers clinch deal to transport ex-Fremantle Highway to China for repairs
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.
FTX Sues Binance and Its Former CEO for $1.8B
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.
EC head says EU might replace Russian LNG imports with US supplies
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.
People Moves: LP Insurance Services Names Reed to Commercial Team in Nevada
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.
Marine round-up : 12th November 2024
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.
OEP Trainings Start in January - Register Now!
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.
Group Clubs release updated sanctions advisory
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.
Why can’t I get insurance?
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!
How to Accelerate Business Success with Insurtech Solutions
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.
Direct Line to cut 550 jobs in turnaround effort
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.
Blog Post: Just the Two of Us: Trial Prep with In-House Counsel
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.
FEMA Fires Manager Who Told Staff to Skip Homes With Trump Signs
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.
Blog Post: 2025 SEC Filing Deadlines Calendar
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.
Blog Post: Six Tips for Companies Facing Service Provider Cyber Incidents
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
Blog Post: The Numbers Are In! IRS Updates Plan Limits for 2025. Will You Be in Compliance?
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.
Blog Post: It will Be AI Ok: Risks and Benefits of Using AI Relating to Employment Discrimination/DEI
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.
Blog Post: Loper Bright and Tax: What’s the IRS and Treasury to Do?
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?
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