Insurance Journal
AUGUST 13, 2024
James Kirsh expects the cost of the property and casualty insurance for his family-owned foundry in Wisconsin that makes cast iron parts for tractors and other equipment to at least double when it’s up for renewal this fall.
Property Insurance Coverage Law
AUGUST 13, 2024
In a breaking development, the Florida Department of Financial Services (DFS) issued the following: This is a major announcement and puts an end to the question raised in “Did Florida’s CFO Call Public Adjusters Despicable?” As I indicated in that post, it appeared that Patronis was warning people of the scammers and bad actors that … The post Florida Department of Financial Services Recognizes The Value of Licensed Public Insurance Adjusters appeared first on Property Insurance Coverage L
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Insurance Journal
AUGUST 13, 2024
NFP, an Aon company and insurance brokerage, announced its acquisition of Orca Financial Group, a specialist financial brokerage based in Leopardstown, County Dublin. Financial details of the deal were not disclosed.
Central Insurance
AUGUST 13, 2024
Learn how hazard assessments and working with loss control specialists can help protect your small business from risks and costly accidents. The post Hazard Assessment: How a Loss Control Specialist Can Protect Your Small Business appeared first on Central Insurance Blog.
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Insurance Journal
AUGUST 13, 2024
The U.S. Geological Survey confirmed that a magnitude 4.4 earthquake struck an area southeast of of Highland Park, California on Monday. The quake was 7.4 miles deep and struck at 12:20 p.m. PST, according to the USGS.
Property Insurance Coverage Law
AUGUST 13, 2024
Beginning July 1, 2024, policyholders in Louisiana will need to be more circumspect and scrutinize any estimate submitted to the carrier, either directly or submitted on their behalf by any third party, including contractors or public adjusters. A significant revision to Louisiana Revised Statute 22:1892 imposes a duty of good faith on the policyholder in, … The post A New Trap for the Unwary Could Jeopardize Policyholder’s Entitlement to Penalties and Attorney Fees in Louisiana appeared f
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
PSM Brokerage
AUGUST 13, 2024
As an insurance agent, when it comes to selling Medicare plans, one of the most critical aspects of your compliance toolkit is the Permission to Contact (PTC) form. This form is not just a regulatory requirement—it’s a vital step in building trust with your clients and ensuring that your interactions with potential enrollees are transparent and respectful.
Insurance Journal
AUGUST 13, 2024
Vineyard Wind and GE Vernova on Tuesday said U.S. safety officials have allowed them to resume limited construction on an offshore wind farm off the Massachusetts coast where a turbine blade shattered last month.
AMAXX
AUGUST 13, 2024
by Andrea Mills, Chief Client Officer, Ametros Settling a workers’ compensation or liability claim can and should be a win-win for the injured individual and the payer. But, various obstacles may impede what would otherwise be a seamless process, especially when Medicare comes into play. Fortunately, some experts devote their careers to understanding and alleviating the concerns of injured individuals and helping move claims to settlement.
Insurance Journal
AUGUST 13, 2024
Amwins announced the launch of its “Tees-to-Green” flood insurance program powered by Floodbase to reimburse U.S. golf courses for lost revenue due to flooding. Golf courses are often built on land prone to flooding.
Insurance Marine News
AUGUST 13, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post The Swedish Club reports “solid start” to 2024 appeared first on Insurance Marine News.
Insurance Journal
AUGUST 13, 2024
ALKEME acquired Dunhill Marketing & Insurance Services in San Diego, California. Founded in 1992, Dunhill Insurance Services offers insurance services and specializes in life insurance and annuities with a focus on high-end markets.
Word & Brown
AUGUST 13, 2024
As we edge closer to Q4, the importance of effective time management cannot be overstated. With the end of the year fast approaching, optimizing your productivity becomes crucial to meet your annual goals. Here are some productivity hacks that could significantly improve how you manage tasks and time. Time Management Hacks for Insurance Brokers 1: Create a daily schedule.
Insurance Journal
AUGUST 13, 2024
Farmers Group is laying off more employees one year after it cut ties with 11% of its workforce or 2,400 people. This time the insurer said it is not disclosing how many people may lose their jobs.
LexisNexis
AUGUST 13, 2024
A recent analysis by the website GoodRx found that the cost of prescription drugs in the United States has risen 37 percent over the past decade, outstripping inflation. Drug companies, insurers and the government often take the blame for these skyrocketing prices. But a recent New York Times investigation points to another culprit: pharmacy benefit managers, intermediaries between drug companies and insurers, which the newspaper found drive up the cost of prescriptions.
Insurance Journal
AUGUST 13, 2024
Operators of illegal marijuana grow enterprises hidden inside rural homes in Maine don’t have to worry much about prying neighbors. But their staggering electric bills may give rise to a new snitch.
Insurance Marine News
AUGUST 13, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Ningbo blast could have “severe repercussions” on supply chain, says Container xChange appeared first on Insurance Marine News.
Insurance Journal
AUGUST 13, 2024
More than three-fourths of properties flooded by Hurricane Debby last week were outside a designated flood hazard area and were likely to be uninsured for the water loss.
Insurance Marine News
AUGUST 13, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Guinea: New constitution sparks political unrest appeared first on Insurance Marine News.
Insurance Journal
AUGUST 13, 2024
Ten of the top 15 metropolitan areas for wildfire risk concentration are in California, while more than 2.6 million homes across 14 states with a total reconstruction cost of $1.
Insurance Marine News
AUGUST 13, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Argentina grain ports are normalizing after government suspends oilseed workers strike action appeared first on Insurance Marine News.
Insurance Journal
AUGUST 13, 2024
Ford Motor and Mazda issued advisories to drivers of certain vehicles still affected by faulty Takata airbags and inflators that can cause potentially severe or fatal injuries.
Insurance Marine News
AUGUST 13, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Threatened US Gulf and East Coast labour strikes add to global supply chain worries appeared first on Insurance Marine News.
Insurance Journal
AUGUST 13, 2024
Goldman Sachs’ fund division is to leave investor engagement group Climate Action 100+, joining other financial services companies which have pulled out amid a political backlash in the United States. U.S.
Insurance Marine News
AUGUST 13, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post UKMTO reports blast incidents in Red Sea near Hodeidah appeared first on Insurance Marine News.
Insurance Journal
AUGUST 13, 2024
Skyward Specialty Insurance Group announced its entry into the mortgage (re)insurance market. In support of this new venture, Jean-Philippe “JP” Latour joined the company as senior vice president in May 2024.
Insurance Marine News
AUGUST 13, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Asya Energy spotted calling at Russia’s Arctic LNG 2 gas project appeared first on Insurance Marine News.
Insurance Journal
AUGUST 13, 2024
Insured losses from recent riots in the United Kingdom are expected to remain at manageable levels with a limited impact on insurers’ credit profiles, according to credit agency Morningstar DBRS, in a market commentary.
Insurance Marine News
AUGUST 13, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Thailand says it will attempt to stop toxic waste cargo appeared first on Insurance Marine News.
Insurance Journal
AUGUST 13, 2024
The National Council on Compensation Insurance is recommending a 9.1% decrease in workers’ compensation loss cost projections for the West Virginia voluntary market.
LexisNexis
AUGUST 13, 2024
As companies grow, so too do the transactions that turn into volumes of contracts. Contracts range in complexity, correlating to the type of the deal and whether the contract is written for an individual, a small company offering services, or a merger or acquisition. The corporate legal department knows all of this extremely well because they are the originators of contracts from start to execution.
Insurance Journal
AUGUST 13, 2024
FEMA announced last week it has approved more than $61 million for Iowa residents who experienced damage from this spring’s flooding, severe storms and tornadoes.
Elmore
AUGUST 13, 2024
FTSE 250 life insurer to ‘substantially exceed’ earnings target this year The post Just Group raises profit outlook after surge in corporate pension deals appeared first on Elmore Insurance Brokers.
Insurance Journal
AUGUST 13, 2024
This post is part of a series sponsored by AgentSync. Insurance compliance is serious business. Falling out of compliance can have real consequences for everyone from insurance agencies, carriers, MGAs, and MGUs, to individual producers, adjusters, and dually licensed broker-dealers.
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