Wed.Dec 18, 2024

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Viewpoint: Giving Thanks and Making a Wish List for US Insurance Regulation

Insurance Journal

The state of U.S. insurance regulation is almost certainly not a topic for most families this holiday season. Yet there is much to be thankful for as well as areas where we can do better.

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Understanding The Collapse Peril

Property Insurance Coverage Law

There was more to be said about yesterdays post:When is a Collapse Not a Collapse? The Importance of Proving Damages for Partial Losses. One item that should be understood is that the ISO changed the collapse peril language so that collapse cases before 2000 do not have an enlarged definition of collapse, and many cases … The post Understanding The Collapse Peril appeared first on Property Insurance Coverage Law Blog.

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Tampa Bay Rays Secure New Stadium as County Approves Bonds

Insurance Journal

The Tampa Bay Rays secured their future in west-central Florida as county officials approved a crucial bond sale for the team’s proposed new stadium.

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Syria’s ports working normally as Ukraine looks to supply staple foods

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Syrias ports working normally as Ukraine looks to supply staple foods appeared first on Insurance Marine News.

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Streamline Insurance Claims Management By Analyzing Legal Trends

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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Three Dozen High-Rise Buildings in South Florida are Sinking, Study Says

Insurance Journal

SUNNY ISLES BEACH, Fla. (AP) Almost three dozen high-rise condos and luxury hotels along the beach in South Florida are sinking or settling in unexpected ways, in some cases because of nearby construction, according to a new study.

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Millions of Homeowners May Be Underinsured Due to Secondary Structures: ZestyAI

Insurance Journal

Millions of U.S. homes are underinsured, not because of any added value in the homes, but because additional structures on the homeowner’s property have gone unreported and are without protection.

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A third Russian tanker issues distress signal near Kerch Strait

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post A third Russian tanker issues distress signal near Kerch Strait appeared first on Insurance Marine News.

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US House Task Force Releases ‘Blueprint’ for Federal AI Responsibility

Insurance Journal

A U.S. House of Representatives task force on artificial intelligence on Tuesday released a report of more than 250 pages outlining the potential benefits and harms of the technology.

Risk 246
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Agile launches marine division with Hughes as head

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Agile launches marine division with Hughes as head appeared first on Insurance Marine News.

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US Probes China-Founded Router Maker on National Security Fears

Insurance Journal

The US government has launched a national-security investigation into TP-Link, the China-founded router maker whose equipment now dominates the American market and has been targeted in repeated Chinese cyber attacks, people familiar with the matter said.

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Tim S. Dool refloated after three weeks aground in St Lawrence River

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Tim S. Dool refloated after three weeks aground in St Lawrence River appeared first on Insurance Marine News.

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G20 Watchdog Urges Governments to Address Non-Bank Financial Risks

Insurance Journal

The Financial Stability Board (FSB) on Wednesday pitched recommendations for governments to reduce risks around hedge funds, insurers and other non-bank financial intermediaries, which now account for almost half of global financial assets.

Risk 246
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US hits Russian shipping companies with new sanctions

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post US hits Russian shipping companies with new sanctions appeared first on Insurance Marine News.

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Amazon Faces Possible Strikes as Christmas Looms

Insurance Journal

Pressure is building on Amazon.com to come to the bargaining table with the Teamsters union as thousands of workers threaten to strike during the retailer’s busy holiday selling season.

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Blog Post: Immigrant Detention in Focus: The Unconventional Photography of Greg Constantine

LexisNexis

Austin Kocher, Dec. 18, 2024 "Greg Constantine's "Seven Doors" project captures the lives and stories behind immigrant detention in the United States and around the world through patiently composed photographic essays.

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Can China Shield the Biggest Uninsured Economy From Floods?

Insurance Journal

The rivers and canals that meander through Hemudu in southeastern China are a vital source of life and community they provide income for fishermen, an after-school hangout spot for kids, and define the town’s landscape.

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Marine round-up : 19th December 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 : 19th December 2024 appeared first on Insurance Marine News.

Marine 52
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CVS Accused of Illegal Opioid Dispensing in Whistleblower Suit

Insurance Journal

CVS Health Corp. pharmacies illegally dispensed controlled substances including opioids, fueling an overdose crisis as short-staffed stores ignored red flags, the US Department of Justice alleged in a lawsuit unsealed Wednesday.

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Steel cargoes stowed with break-bulk, containers, or project cargoes aboard bulk carriers

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Steel cargoes stowed with break-bulk, containers, or project cargoes aboard bulk carriers appeared first on Insurance Marine News.

Marine 52
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LWCC Acquires North Carolina’s Prescient National

Insurance Journal

The Louisiana Workers’ Compensation Corporation (LWCC) announced that it will acquire all of the outstanding shares of Prescient National Insurance Company (PNIC) based in Charlotte, North Carolina.

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Kazakos named next ICS Secretary-General

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Kazakos named next ICS Secretary-General appeared first on Insurance Marine News.

Marine 52
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King Risk Acquires Talbert Insurance Services Agency in North Georgia

Insurance Journal

King Risk Partners, one of the largest U.S. insurance brokers, has acquired Talbert Insurance Services in Duluth, Georgia, expanding King’s presence in the Southeast. Talbert, in business in north Georgia since 1982, offers personal and commercial insurance.

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NorthStandard advises members on carrying steel scrap cargo to Turkiye

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post NorthStandard advises members on carrying steel scrap cargo to Turkiye appeared first on Insurance Marine News.

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Ardonagh Reaches $14 Billion Valuation With Stone Point Investment

Insurance Journal

Ardonagh Group has secured new investment from Stone Point Capital, almost doubling the valuation of the UK insurance broker to $14 billion in three years, according to people familiar with the matter.

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Norway provides Ukrainian Navy with $240m

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Norway provides Ukrainian Navy with $240m appeared first on Insurance Marine News.

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Highstreet Acquires Texas’ Collum Insurance Group

Insurance Journal

Highstreet Insurance Partners announced today its acquisition of Collum Insurance Group, LLC based in Richardson, Texas.

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Shadow fleet still growing by about 10 tankers a month, shipbroker estimates

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Shadow fleet still growing by about 10 tankers a month, shipbroker estimates appeared first on Insurance Marine News.

Marine 52
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Arthur J. Gallagher & Co. Acquires Texas-Based DMc Insurance Partners

Insurance Journal

Arthur J. Gallagher & Co. announced the acquisition of Austin, Texas-based Howe Insurance Group LLC, dba DMc Insurance Partners. Terms of the transaction were not disclosed.

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Atalanta operation extended through to at least 2027

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Atalanta operation extended through to at least 2027 appeared first on Insurance Marine News.

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Illinois Man Arrested for Defrauding Victims in Roofing Scheme

Insurance Journal

An Illinois man accused of defrauding individuals by claiming to be an insurance adjuster doing roof repair after a recent hailstorm was arrested in Florida on Dec. 13. Scott A. Lennington of Morton, Ill.

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17 Insurance Client Gifting Tips I Live By

Word & Brown

Byline credit to Luna Herrera, Director of Sales, Word & Brown General Agency Its gift-giving season. Many people love shopping for, wrapping, and delivering gifts to clients, family, and friends. Others dread it. Whatever your point of view, let me share 17 tips that I find useful at this time and throughout the year. 1: Consider whether your organization has a prohibition on gifts or limits the dollar amount for giving or receiving gifts.

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Brown & Brown Acquires UK Employee Benefits Specialist Drewberry

Insurance Journal

Employee benefits specialists Drewberry has been acquired by Brown & Brown (Europe) Ltd. The terms of the deal are undisclosed.

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Christmas Light Safety Tips

TGS

TGS Insurance Blog Christmas Light Safety Tips Christmas lights are the ultimate way to turn your home into a festive wonderland, but they also come with a few safety risks if not handled properly. Whether youre adorning your tree, decking the halls, or creating an outdoor light display to rival the North Pole, its essential to keep safety at the forefront.