Wed.Aug 28, 2024

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Lyft is a Motor Carrier and State Farm Can be Sued Directly, Georgia Court Says

Insurance Journal

Georgia lawmakers this year put an end to direct-action lawsuits against trucking companies’ insurers, but that did not come soon enough to bar litigation brought by people involved in accidents with ride-sharing services.

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Overlapping Insurance and Other Insurance Clauses—The Guiding Principles

Property Insurance Coverage Law

This morning’s post, “What Is an “Other Insurance” Clause and Why Do They Exist In Property Insurance Policies?” raises the question: “How do I deal with ‘other insurance’ clauses?” Steve Figlin wrote a comment 14 years ago to the referenced post, The Other Insurance Clause, which referenced The Guiding Principles: Possibly the ‘Agreement of the Guiding Principles’ … The post Overlapping Insurance and Other Insurance Clauses—The Guiding Principles appeared first on Property Insurance Cover

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Americans Shop Around for Insurance More Than Ever as Costs Soar

Insurance Journal

Americans are seeking to change their insurance coverage more frequently than in the past, after a surge in premiums that’s squeezed household budgets, a new industry report shows.

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What Is an “Other Insurance” Clause and Why Do They Exist In Property Insurance Policies?

Property Insurance Coverage Law

An “other insurance” clause is a provision found in property insurance policies that establishes how a loss is to be apportioned among insurers when more than one policy covers the same loss. The original purpose of an “other insurance” clause is debatable. It may be to prevent the policyholder from collecting more than the actual … The post What Is an “Other Insurance” Clause and Why Do They Exist In Property Insurance Policies?

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Ford Joins Harley in Scaling Back DEI Policies Amid Backlash

Insurance Journal

Ford Motor Co. told employees it would modify its diversity, equity and inclusion initiatives and end participation in a notable ranking by an LGBTQ advocacy group, joining a series of companies including Lowe’s Cos. and Harley-Davidson Inc.

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Replacement Cost Value vs. Actual Cash Value When it Comes to Home Insurance

Wren Insurance Agency

At Wren, because we are protection minded, we always quote our home insurance policies using Replacement Cost Value (also known as RCV) on contents, versus Actual Cash Value (ACV). RCV is equal to the amount it would take to replace your contents at today's prices. ACV is tied to the value of each item taking full depreciation over time into account.

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Blog Post: Artificial Intelligence (AI) in Medicine and Law

LexisNexis

Position paper presented at CSIMS 2024 by Hon. Robert G. Rassp, Chairman of the Board of Directors, Friends Research Institute (friendsresearch.org) Disclaimers: The opinions expressed in this article are those of the author and are not those of the State of California Department of Industrial Relations, Division of Workers’ Compensation, or the Workers’ Compensation Appeals Board.

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Michigan Golf Club Pays $440K Settlement for Alleged Fraudulent Pandemic Loan

Insurance Journal

RICHLAND, Mich. (AP) — A golf club in southwestern Michigan has agreed to pay $440,000 to settle allegations that it wrongly obtained a loan through a federal program during the COVID-19 pandemic, authorities said Monday.

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Medicare Advantage Plans Illinois

Smart Insurance Agents

Top Picks for Best Medicare Advantage Plans Illinois Navigating the best Medicare Advantage plans Illinois? This guide outlines the top-rated options, key benefits, and essential considerations to help you make an informed choice. Key Takeaways In 2024, Illinois offers 158 Medicare Advantage plans , with options rated from one to five stars based on quality of care and member satisfaction.

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UK Tones Down Worker ‘Right to Switch Off’ Demands on Firms

Insurance Journal

Britain’s Labour government is watering down ambitions to give employees a legal right to ignore work demands outside office hours, favoring softer rules that had limited impact for workers in Ireland.

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2024 Midyear Employment Law Compliance Trends

Zywave

Throughout 2024, there have been significant changes in employment law at the federal and state levels. A review of recent and proposed legislation reveals a number of emerging trends that will affect employers for the remainder of the year. In this webinar, we will review these compliance trends and discuss how employees can respond to and prepare for the changing regulatory landscape.

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Man Accused of Starting Destructive California Wildfire by Throwing Firework out Car Window

Insurance Journal

A 26-year-old man has been accused of igniting a destructive California wildfire in early July by throwing a firework from a car window during hot, dry and windy weather.

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FCA to probe potential rip-offs in UK pure protection insurance market

Elmore

Financial regulator to examine whether customers receive poor value for products such as critical illness cover The post FCA to probe potential rip-offs in UK pure protection insurance market appeared first on Elmore Insurance Brokers.

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Listeria Outbreak Linked to Deli Meats Claims 5 More Lives, CDC Says

Insurance Journal

The U.S. Centers for Disease Control and Prevention said on Wednesday that a Listeria outbreak linked to deli meats has resulted in 14 new illnesses and five additional deaths.

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Cornershop Insurance and BT Redcare Alarm changes

Property Insurance Centre

Corner Shop Insurance and BT Redcare Alarm changes Business Owners who have corner shop insurance are all to aware of the benefits an appropriate intruder alarm system will have, both in relation to their insurance premiums (or in being given an insurance policy at all in some cases) and to the physical security of their goods. Business owners should also be aware of the BT Redcare Alarm changes that will be coming in the not so distant future.

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Converge Insurance CEO Talks Focus, Innovation and Perseverance

Insurance Journal

Converge Insurance CEO Tom Kang said one of his most important pieces of advice for other InsurTechs is a seemingly obvious but often overlooked point, and that is to remember the insurance part of InsurTech.

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More can be done to prevent container losses at sea, says TT Club

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post More can be done to prevent container losses at sea, says TT Club appeared first on Insurance Marine News.

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Relation Insurance Gets Close With Carolina Heritage Agency

Insurance Journal

Relation Insurance Services, ranked by Insurance Journal as one of the largest brokerages in the country, has grown a little larger with the acquisition of Carolina Heritage Insurance, the company announced.

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Towing vessel accident linked to pilot fatigue, says NTSB

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Towing vessel accident linked to pilot fatigue, says NTSB appeared first on Insurance Marine News.

Marine 52
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AM Best Revises Outlook to Negative for Ohio’s Buckeye State Mutual

Insurance Journal

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Buckeye State Mutual Insurance Company and its affiliate, Home and Farm …

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Observer Programme “failing Australian sheep” says report

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Observer Programme “failing Australian sheep” says report appeared first on Insurance Marine News.

Marine 52
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Weathering the Storm: How IBHS Is Revolutionizing Building Safety

Insurance Journal

I recently watched the new movie Twisters starring Daisy Edgar-Jones and Glen Powell, which gives viewers a fantastic and frightening look at the damage tornadoes and severe weather can cause to American communities.

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Bordeaux local government moves for complete ban on cruise ships from Port de la Lune

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Bordeaux local government moves for complete ban on cruise ships from Port de la Lune appeared first on Insurance Marine News.

Marine 52
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Cal/OSHA Cites Nine Employers for Silica Safety Violations

Insurance Journal

California’s Division of Occupational Safety and Health cited nine employers in Sun Valley following efforts to address the growing number of silicosis cases among stone workers in California. The safety violations include more than $168,000 in fines.

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Greek Coastguard shoots at migrant boat – one dead: report

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Greek Coastguard shoots at migrant boat – one dead: report appeared first on Insurance Marine News.

Marine 52
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Disability Rights Group Sues to Stop Mask Ban in Suburban New York County

Insurance Journal

A disability rights organization is challenging a suburban New York ban on wearing masks in public except for health and religious reasons, arguing it is unconstitutional and discriminates against people with disabilities.

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Possible gas poisoning on cargo vessel kills two

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Possible gas poisoning on cargo vessel kills two appeared first on Insurance Marine News.

Marine 52
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Oklahoma Bulletin Addresses Upcoming Legislative Changes

Insurance Journal

Oklahoma Insurance Commissioner Glen Mulready addressed upcoming legislative changes in an Aug. 26 bulletin to insurers. The legislative changes, which go in effect on Nov.

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Ultra Galaxy operation shifts focus to wreck removal

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Ultra Galaxy operation shifts focus to wreck removal appeared first on Insurance Marine News.

Marine 52
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2 Small Planes Crash in Nebraska Less Than An Hour Part; At Least 1 Dead

Insurance Journal

CROFTON, Neb. (AP) — Two different small planes crashed into fields in northeast Nebraska Monday and killed at least one person. The two crashes happened less than half an hour apart around 9:30 a.m.

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Indian port workers call off strike after agreeing new wage deal

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Indian port workers call off strike after agreeing new wage deal appeared first on Insurance Marine News.

Marine 52
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Two Workers Killed in Tire Explosion at Georgia Airliner Maintenance Facility

Insurance Journal

Two workers were killed and a third was injured when an airplane tire apparently exploded at a Delta Air Lines maintenance shop at Hartsfield-Jackson International Airport in Atlanta, prompting an investigation by the U.S. Occupational Safety and Health Administration.

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Sounion appears to be leaking oil, US military says

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Sounion appears to be leaking oil, US military says appeared first on Insurance Marine News.

Marine 52
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Japan Issues Emergency Warning as Powerful Typhoon Shanshan Approaches

Insurance Journal

Japan issued an emergency warning on Wednesday as powerful Typhoon Shanshan approached the southwestern region with heavy rain and strong winds, prompting Toyota Motor 7203.T to suspend operations at all of its domestic factories.

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