Sun.Nov 03, 2024

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Would Letting Roofers Do More Wind-Mit Work Help Cut Florida’s Insured Losses?

Insurance Journal

A recent photograph of destruction left by Hurricane Milton’s wind tells the story: An entire roof section on a residential complex in Bradenton, Florida – including rafters and ceiling joists – was ripped off, exposing people’s abodes and belongings to …

Insurer 299
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Public Adjusters Beware: Unlicensed Solicitation is Both Unethical and Criminal in Florida

Property Insurance Coverage Law

As an advocate for policyholders and someone who works closely with many public adjusters, I feel compelled to address an important compliance issue that has recently come to my attention. Some public adjusting firms seem to be using unlicensed individuals and phone banks to conduct cold-call solicitation of potential clients. This practice is not only … The post Public Adjusters Beware: Unlicensed Solicitation is Both Unethical and Criminal in Florida appeared first on Property Insurance

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Digital Transformation in Insurance Marketing: How to Leverage Technology to Drive Growth and Engagement

Insurance Journal

The insurance industry has historically been slow to adopt new technologies o often relying on traditional outreach, marketing and client management methods.

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Chaucer to launch Asian marine offering on Lloyd’s Singapore platform

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Chaucer to launch Asian marine offering on Lloyd’s Singapore platform appeared first on Insurance Marine News.

Marine 111
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States Lead the Way on Better Insurance Markets

Insurance Journal

By Andrew Mais, Jon Godfread, Scott White, & Elizabeth (Beth) Kelleher Dwyer Most homeowning Americans consider their home their most valuable asset.

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Blaze at BAE Systems shipyard on north-west England coast

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Blaze at BAE Systems shipyard on north-west England coast appeared first on Insurance Marine News.

Marine 107

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Canadian Dockworkers’ Union announces strike for Monday November 4th

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Canadian Dockworkers’ Union announces strike for Monday November 4th appeared first on Insurance Marine News.

Marine 106
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SEC Says JPMorgan Chase Settles Five Enforcement Cases, to Pay $151M

Insurance Journal

JPMorgan Chase will pay $151 million to settle five U.S. Securities and Exchange Commission enforcement cases, including accusations that the largest U.S. bank made misleading disclosures to brokerage customers, the regulator said on Thursday.

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New IMO circular updates fuel oil sampling guidelines

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post New IMO circular updates fuel oil sampling guidelines appeared first on Insurance Marine News.

Marine 106
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Employees Enjoy Many Paths for Growth, Advancement at Brightway

Insurance Journal

By William Rabb The people at Brightway Insurance, based in Ponte Vedra Beach, Florida, near Jacksonville, seem to have taken employee satisfaction and performance to a whole new level.

Insured 246
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Collision reported off Spain

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Collision reported off Spain appeared first on Insurance Marine News.

Marine 97
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SMA Gives Employees Freedom to Succeed

Insurance Journal

By Jahna Jacobson Scarbrough, Medlin and Associates Inc. has built its success on a foundation of trust. ìI never needed to be pushed or made to work,î said Rod Medlin, Scarbrough, Medlin & Associates Inc. (SMA) CEO.

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Maersk sees no Suez Canal return until well into 2025

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Maersk sees no Suez Canal return until well into 2025 appeared first on Insurance Marine News.

Marine 89
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Former Triple-I Exec Says He Was Fired After Testifying in Bullying Case Against CEO

Insurance Journal

By Chad Hemenway A former employee of the Insurance Information Institute is suing his former boss and the organizationis owners on allegations of discrimination and retaliation.

Insured 243
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Dry Bulk shortages In Vietnam

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Dry Bulk shortages In Vietnam appeared first on Insurance Marine News.

Marine 71
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Recreational Cannabis Home Delivery Begins in Arizona

Insurance Journal

Arizona residents were able to get recreational cannabis delivered to their homes beginning last Friday, marking a new milestone for a state program that until now had allowed the service only for medical marijuana patients.

Liability 246
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Trials of RoRo ferry in Scotland are unsuccessful

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Trials of RoRo ferry in Scotland are unsuccessful appeared first on Insurance Marine News.

Marine 52
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Don’t Risk the Agency – E&O Tips on Trials and Trends

Insurance Journal

By Andrea Wells When it comes to agency errors and omissions liability thereis nothing more important than playing it safe. One proven way is ensuring that everything is documented properly.

Risk 246
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Ocean container carriers trying to push up freight rates, says Xeneta

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Ocean container carriers trying to push up freight rates, says Xeneta appeared first on Insurance Marine News.

Marine 52
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Agency E&O Buyers Report Higher Premiums

Insurance Journal

By Andrea Wells Fewer agencies reported increases in premium on their agency errors and omissions renewal policies from 2023 to 2024, according to Insurance Journalis annual Agency E&O survey, which polls buyers of the coverage on pricing and trends on …

Premium 246
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Alarming rise in cardiovascular incidents, reports West

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Alarming rise in cardiovascular incidents, reports West appeared first on Insurance Marine News.

Marine 52
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Changes to Washington Homeowners and Auto Premium Rule to Be Considered

Insurance Journal

Washington Insurance Commissioner Mike Kreidler has proposed modifying the state’s recently adopted premium change transparency rule. The proposal is specific to Phase 2 of the rule (the automatic inclusion of reasons for premium increases in policy renewals).

Premium 246
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Blog Post: How Legal Data APIs Can Drive Efficiency in Law Firm Business Development

LexisNexis

By: Justin Brownstone and Greg Selbo Law firms must continually seek more innovative strategies and tactical ideas to attract and retain clients in order to thrive in today’s increasingly competitive legal industry. The main engines that make this possible are the professional business development teams that most firms have carefully built in recent decades.

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Navigating the Fee Maze

Insurance Journal

Todayis insurance regulatory landscape can be a tricky one, particularly when it comes to charging fees. For property/casualty insurance brokers and agents, understanding permissible fee structures is crucial to maintaining compliance and avoiding penalties.

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Marine round-up : 4th 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 : 4th November 2024 appeared first on Insurance Marine News.

Marine 52
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Ergonomic Hazards

Insurance Journal

The federal Occupational Safety and Health Administration (OSHA) must do more to address ergonomic hazards at warehouses and delivery companies, where the number of injured workers in the growing sector are on the rise, according to a new report.

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Have you got suitable landlord insurance?

Cover4LetProperty

At first glance, there might seem little difference between a dwelling in which the owner occupier lives and one that is let to a tenant – despite the difference in tenure, both are homes, with a building and its contents broadly vulnerable to similar risks and perils. As far as mortgage lenders and insurers are concerned, however, there is a world of difference.

Insurer 40
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Agency E&O Claims Trends to Watch

Insurance Journal

By Andrea Wells Special relationships, fiduciary duties, the hard market and disasters, are areas of exposure that agencies need to watch over when it comes to agency E&O, the experts say. Here’s why.

Claim 244
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60,000 Wawa-Branded Tumblers Recalled Because Their Metal Straws Can Cut Customers

Insurance Journal

Some 60,000 Wawa-branded beverage tumblers are under recall due to a laceration hazard posed by the products’ metal straw. According to a Thursday notice published by the U.S.

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US shippers Avoid East Coast Ports on Risk of Second Strike

Insurance Journal

U.S. shippers are steering clear of East and Gulf Coast ports amid worries the 45,000 dockworkers at those trade hubs will go on strike again if their union leader does not land a new contract with employers by a Jan.

Risk 244
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Natural Disaster Losses Below Average Through Q3, Despite Higher Frequency: Report

Insurance Journal

Although 2024 has seen significant global natural catastrophe activity, economic costs were slightly below average through the third quarter, according to Gallagher Reis latest Nat Cat report.

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Legal System Abuse Hammers Truck Insurance

Insurance Journal

The U.S. trucking industry has been shaken to its foundations. A welter of external challenges catalyzed the failure of approximately 88,000 trucking firms in 2023. That is 10% of the nationis trucking companies.

Insurer 242
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Despite Recent Backlash, Nearly 60% of U.S. Workers Support Current DEI Policies

Insurance Journal

While recent events have put corporate America’s diversity efforts on defense, the programs continue to receive strong support from employees, according to new research from The Conference Board. The survey gauges employees’ and executives’ perceptions of DEI initiatives and backlash.

Policy 236
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Severity of Ransomware Attacks Rose 68% in First Half of 2024, Report Shows

Insurance Journal

Ransomware claims severity spiked by 68% to an average loss of $353,000, according to a new report by a cyber insurance provider.

Cyber 274