Mon.Nov 25, 2024

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Despite Storms, Moody’s Upgrades Florida Tax Bonds for Cat Fund, Citizens, FIGA

Insurance Journal

Despite four hurricanes in just over a year and significant payouts by the Florida Cat Fund, three special tax bonds have seen their ratings upgraded, the state’s insurance commissioner announced Monday.

Insurance 213
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A Surprising Twist and Swirl in High-End Fire and Smoke Case: Alabama Court Allows Tort of Outrage Claim Against Chubb While Dismissing Bad Faith

Property Insurance Coverage Law

Pacific Indemnity Company, a Chubb subsidiary known for insuring high-end properties and affluent clients, recently secured a partial litigation victory in a property insurance dispute involving a newly constructed luxury home in Alabama. 1 The non-final decision regarding high-end smoke and fire damage to a residential structure is worthy reading for all adjusters.

Claim 115
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Best Agency to Work For – East Gold Winner: Mackoul Risk Solutions

Insurance Journal

At Mackoul Risk Solutions, ‘Employees Come First’ Instead of becoming a major league umpire, Ed Mackoul chose to help his father build an insurance empire.

Risk 218
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How Tribal Communities Can Use the Health Hazard Evaluation (HHE) Program

CDC: Workers Compensation

The final blog post in our series celebrating Native American Heritage Month highlights a free program available to anyone, including American Indian and Alaska Native (AI/AN) communities, employers, and workers. Some may not be aware of this service, though it has been part of the National Institute for Occupational Safety and Helath (NIOSH) around for over 50 years.

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Contentious COP29 Deal Shows Climate Cooperation Fraying at Edges

Insurance Journal

When COP29 President Mukhtar Babayev stepped to the podium at the closing meeting of the Baku climate summit on Sunday morning, hoping to clinch a hard-fought agreement on global climate finance, he carried with him two speeches.

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Accommodation vessel catches fire off Tianjin

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Accommodation vessel catches fire off Tianjin appeared first on Insurance Marine News.

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More Trending

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Mastering Sales Follow Up Techniques: 5 Tips

Word & Brown

If you’re an insurance sales professional, follow up is – or should be – an essential part of your routine. Follow-ups can help you build long-lasting client relationships. They are important to turn leads into actual sales. And, of course, they can help you generate referrals, promote loyalty, and drive increased revenue. Below are five tips to help you master your follow up. 5 Sales Follow Up Tips for Success 1: Establish a routine for follow up – including ongoing communications.

Broker 52
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Generali and Natixis in Early Talks for Asset Management Tie-Up, FT Reports

Insurance Journal

France’s Natixis Investment Managers is holding early-stage talks with Italian insurer Generali about a potential tie-up, the Financial Times reported on Monday.

Insurance 204
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Norwegian cancels 38 holidays on three ships for late 2025 / early 2026

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Norwegian cancels 38 holidays on three ships for late 2025 / early 2026 appeared first on Insurance Marine News.

Marine 52
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Higginbotham Fitts in Another Alabama Agency

Insurance Journal

Higginbotham, an independent insurance and human resources firm based in Texas, has joined forces with Fitts Agency in Tuscaloosa, Alabama, further expanding Higginbotham’s presence in the state.

Insurance 189
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Serious weather damages contents of Explorer Of The Seas

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Serious weather damages contents of Explorer Of The Seas appeared first on Insurance Marine News.

Damage 52
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Best Agency to Work For – West Gold Winner: Morris & Garritano

Insurance Journal

Want a simple, yet effective agency management tip for making your employees happy? Treat them like customers. That mindset stood out among comments from employees who nominated Morris & Garritano in Insurance Journal’s 2024 Best Agency to Work For survey.

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USCG tells owners of Chinese STS cranes to take more security steps

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post USCG tells owners of Chinese STS cranes to take more security steps appeared first on Insurance Marine News.

Marine 52
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Swedlow Stepping Down as President of California Workers’ Comp Institute

Insurance Journal

Alex Swedlow said he plans to retire from his post as president of the Oakland-based California Workers’ Compensation Institute. He is stepping down from the helm of CWCI effective August 2025.

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Many missing after dive boat sinks in northern Red Sea

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Many missing after dive boat sinks in northern Red Sea appeared first on Insurance Marine News.

Marine 52
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Safety Board Cites Oversight, Safety Failures in Bus-Truck Crash That Killed 6, Injured 9

Insurance Journal

Repeated disregard of safety regulations, along with ineffective federal and state enforcement and oversight, contributed to the collision between a bus and box truck in Louisville, New York in 2023, the National Transportation Safety Board said at a board meeting …

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German and Swedish Coast Guards arrive near cable damage suspect vessel

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post German and Swedish Coast Guards arrive near cable damage suspect vessel appeared first on Insurance Marine News.

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Listeria Outbreak Tied to Yu Shang Food Leaves California Infant Dead and 10 People Sick

Insurance Journal

A California infant has died and at least 10 other people have been sickened in an outbreak of listeria food poisoning tied to ready-to-eat meat and poultry products that include chicken feet, duck neck, beef shank and pork hock, federal …

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Calls to prioritise flood defences as West Midlands town hit again by storm

Elmore

Tenbury Wells overwhelmed as Storm Bert causes damage across the UK The post Calls to prioritise flood defences as West Midlands town hit again by storm appeared first on Elmore Insurance Brokers.

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Justice Department Finds Pattern of Misconduct by Trenton Police

Insurance Journal

Police in New Jersey’s capital have shown a pattern of misconduct, including using excessive force and making unlawful stops, the Justice Department said last Thursday, in a report documenting arrests without legal basis, officers escalating situations with aggression and unnecessary …

Liability 147
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Natixis in talks with Generali over asset management tie-up

Elmore

Deal would bring together two of the biggest names in European asset management The post Natixis in talks with Generali over asset management tie-up appeared first on Elmore Insurance Brokers.

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Best Agency to Work For – Southeast Gold Winner: Prestige

Insurance Journal

Finding insurance coverage for trucking firms could be considered a high-stress occupation. With the rise of nuclear lawsuit verdicts and “big-truck attorneys,” escalating premiums, and new state laws and regulations, it’s a lot to think about.

Premium 147
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Thanksgiving Fire Safety: Protect Your Home, Your Family, and Your Peace of Mind

TGS

TGS Insurance » Blog Thanksgiving Fire Safety: Protect Your Home, Your Family, and Your Peace of Mind Thanksgiving—the word alone brings a flood of cozy images, doesn’t it? The smell of turkey roasting, the sound of laughter in the next room, and that one relative who always insists they make the best gravy. But amidst the joy and chaos, there’s a quieter statistic lurking in the background: Thanksgiving is the number one day for home cooking fires.

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Viewpoint: As Insurance Losses Outpace Premiums, State Regulators Play a Critical Role

Insurance Journal

Along with the rising cost of living in many facets of families’ daily lives, property insurance availability and affordability continue to be a challenge across the U.S. Inflation has been persistently increasing repair, labor, and medical costs.

Premium 147
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Marine round-up : 26th November 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 : 26th November 2024 appeared first on Insurance Marine News.

Marine 52
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FTC, Meta Face April Trial Over Suit to Break Up Company

Insurance Journal

Meta Platforms Inc. faces an April 14 trial in the Federal Trade Commission’s long-running antitrust lawsuit to break up the company. US District Judge James Boasberg ruled Monday that the trial will take place in Washington next year.

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Suez introduces crew change service

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Suez introduces crew change service appeared first on Insurance Marine News.

Marine 52
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Chinese Hackers Preparing for Conflict, Says US Cyber Official

Insurance Journal

Chinese hackers are positioning themselves in U.S. critical infrastructure in the event of a clash with the United States, a top American cybersecurity official said on Friday. Morgan Adamski, the executive director of U.S.

Cyber 147
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Blog Post: Asylum Success Still Varies Widely Among Immigration Judges: TRAC

LexisNexis

TRAC, Nov. 25, 2024 "Wide differences in Immigration Judge asylum denial rates are evident across many Courts in the latest release of TRAC’s Immigration Judge report series. These new reports update each judge’s asylum decisions over the past six years through September 2024. The series includes 823 individual judge reports covering each of the 66 current Immigration Courts. [1] Where these judges were based is shown in Figure 1.

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New York Fines GEICO $9.75M, Travelers $1.5M Over Auto Insurance Cyber Breaches

Insurance Journal

Two auto insurers will pay fines totaling $11.3 million for data breaches of online insurance quoting systems that New York officials say compromised personal information of an estimated 120,000 customers in total.

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Automated external defibrillators on ships are “a must have”, says West 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 Automated external defibrillators on ships are “a must have”, says West P&I appeared first on Insurance Marine News.

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UK Expands Sanctions Against Russian Oil Fleet and Its Insurers

Insurance Journal

The UK government expanded its sanctions against Russia’s energy industry on Monday, blacklisting dozens of tankers responsible for moving the nation’s oil as well as two insurers involved in the trade.

Insurance 147
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Class action being considered against Carnival Corp brand P&O Cruises Australia

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Class action being considered against Carnival Corp brand P&O Cruises Australia appeared first on Insurance Marine News.

Marine 40
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Missouri Insurance Department Cautions Drives to Look Out for Deer

Insurance Journal

The Missouri Department of Commerce and Insurance is cautioning drivers to be on the lookout for deer and other wild animals as temperatures drop and nights become longer.

Insurance 147