Insurance Journal
AUGUST 30, 2024
Specialist Risk Group (SRG) announced the acquisition of the ongoing renewal rights of Morton Insurance Brokers, a specialist in private hire and taxi insurance across the UK since 1987. Financial details of the transaction were not disclosed.
Property Insurance Coverage Law
AUGUST 30, 2024
An article by Sean Scott published this March in Restoration & Remediation Magazine, Cyanide Residues in Fire Damaged Buildings, made the following observation, which all property insurance adjusters and those involved with fire damage should be aware of: During a structure fire, toxic gases, acids, VOC’s, and a vast array of other hazardous chemicals are … The post Are We Valuing Fire Losses Accurately and Keeping Up with the Science of Fire Loss?
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Insurance Journal
AUGUST 30, 2024
California lawmakers passed a bill to help close the pay gap between the California Department of Insurance’s fraud detectives and officers in other state agencies.
Property Insurance Coverage Law
AUGUST 30, 2024
Employer’s liability insurance protects businesses from lawsuits filed by employees who have suffered a work-related injury or illness. It’s distinct from workers’ compensation insurance; workers’ comp (as it’s often called) provides benefits to employees who are injured on the job, while employer’s liability insurance covers the employer’s legal costs and potential damages if an employee … The post What Is Employers Liability Insurance?
Insurance Journal
AUGUST 30, 2024
The Texas Department of Insurance will hold two public meetings in September on the Texas Windstorm Insurance Association’s annual rate filing increase of 10% for residential and commercial properties. TDI will host a meeting on Monday, Sept.
CDC: Workers Compensation
AUGUST 30, 2024
Each Labor Day we honor workers and the role they play in building a strong and prosperous nation. Much like the first Labor Day more than a century ago, many of us mark this federal holiday with festivities such as parades or picnics. This year, as you head out to celebrate the end of summer with friends and loved ones, I urge you to take a moment to reflect on the contributions of the workers all around us.
Insurance Journal
AUGUST 30, 2024
Typhoon Shanshan, which struck southern Japan this week with heavy rain and strong winds, was likely intensified by climate change, according to a study from Imperial College London.
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Insurance Journal
AUGUST 30, 2024
Florida’s insurance commissioner in early August noted that rate increases by property-casualty insurers in the state have slowed significantly since 2023 legislative reforms were enacted, with 12 carriers asking for a small decrease this year and another two dozen filing …
Insurance Marine News
AUGUST 30, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Lift arrives to pull sunken tug boat from Fraser River, Vancouver appeared first on Insurance Marine News.
Insurance Journal
AUGUST 30, 2024
BRINKLEY, Ark. (AP) — A crash on Interstate 40 in Arkansas involving two tractor-trailers and a truck carrying “potentially explosive” military devices killed one person and backed up traffic for hours on the busy highway, officials said.
Insurance Marine News
AUGUST 30, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Fire breaks out on NY Waterway ferry; passengers evacuated appeared first on Insurance Marine News.
Insurance Journal
AUGUST 30, 2024
A senior member of CrowdStrike Holdings Inc.’s operations team is scheduled to appear before Congress to answer questions on the company’s global IT outage in July that disrupted industries around the world.
Insurance Marine News
AUGUST 30, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Two more crewmembers on Bayesian named as being under investigation appeared first on Insurance Marine News.
Insurance Journal
AUGUST 30, 2024
ALVORD, Texas (AP) — Four people were killed and 10 were injured when a van rolled multiple times after the driver veered off a Texas highway and then overcorrected Wednesday, authorities said. The crash happened just before 8 a.m.
Insurance Marine News
AUGUST 30, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Red Sea insurance nearly doubles after latest ship attack (# appeared first on Insurance Marine News.
Insurance Journal
AUGUST 30, 2024
The CSX worker who discovered his friend run over by a pair of remote-control locomotives in a railyard last year sees a simple solution to preventing similar deaths in the future: two-person crews.
Insurance Marine News
AUGUST 30, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Houthis will allow salvage teams to attend to Sounion appeared first on Insurance Marine News.
Insurance Journal
AUGUST 30, 2024
Agile Underwriting Services, the Sydney, Australia-based insurtech, managing general agent, and Lloyd’s coverholder, has launched a unit in New Zealand, which Agile described as the first of its kind for a Lloyd’s syndicate.
Insurance Marine News
AUGUST 30, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Hafnia Nile’s cargo being offloaded appeared first on Insurance Marine News.
Insurance Journal
AUGUST 30, 2024
Efforts in California to establish first-in-the-nation safety measures for the largest artificial intelligence systems cleared an important vote this week that could pave the way for U.S. regulations on the technology evolving at warp speed.
Insurance Marine News
AUGUST 30, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 30th August 2024 appeared first on Insurance Marine News.
Insurance Journal
AUGUST 30, 2024
PCF Insurance Services, a large U.S. brokerage handling commercial and personal lines, life and health, workers’ compensation and employee benefits, has acquired the insurance business of Kentucky Health Solutions.
Insurance Marine News
AUGUST 30, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Disney Dream to bypass Amsterdam appeared first on Insurance Marine News.
Insurance Journal
AUGUST 30, 2024
Align Technology, the maker of Invisalign clear teeth aligners, agreed to pay $27.5 million to settle a lawsuit claiming it entered an illegal antitrust conspiracy that drove up prices of aligners made by rival SmileDirectClub.
Word & Brown
AUGUST 30, 2024
The right sales presentation will turn your employer prospect into a customer. Whether your discussion is online or in-person, there are some basic guidelines to keep in mind when putting your presentation together. Below are five tips to help you create a winning sales presentation. 1: Do your research upfront – before you begin putting your presentation together.
Insurance Journal
AUGUST 30, 2024
Munich Re tops the list of the world’s 50 largest reinsurers that use IFRS 17 reporting standards, while Swiss Re is the largest non-IFRS 17 reinsurer, according to AM Best.
Rough Notes
AUGUST 30, 2024
Voluntary product covers planned and unplanned expenses “There can be two major sources of stress. First, the stress of the legal issue itself, and then the stress of figuring out who is going to help you deal with it.” —Emily B. Rose President, Business Solutions LegalShield By Thomas A.
Insurance Journal
AUGUST 30, 2024
JACKSON, Miss. (AP) — The use of force was justified in four fatal shootings by Mississippi law enforcement officers last year, Attorney General Lynn Fitch said Wednesday. Fitch based her findings on investigations conducted by the Mississippi Bureau of Investigation.
Rough Notes
AUGUST 30, 2024
Strategies for service staff, producers and principals By Heath Shearon Ah, time management—a topic that resonates deeply in the whirlwind world of insurance. In an industry where every tick of the clock can shift the balance of client satisfaction and operational efficiency, mastering this skill isn’t just important; it’s essential.
Insurance Journal
AUGUST 30, 2024
A federal appeals court revived Sarah Palin’s libel case against The New York Times on Wednesday, citing errors by a lower court judge, particularly his decision to dismiss the lawsuit while a jury was deliberating. The 2nd U.S.
Rough Notes
AUGUST 30, 2024
Standing in front of Zeller Insurance with his teammates, Nate West (third from left) is well known in Columbus, Indiana, for his ’75 Ford pickup truck. Indiana agent wins PIA National Young Insurance Professional of the Year award By Christopher W.
Insurance Journal
AUGUST 30, 2024
A crash that killed three passengers on a party bus on a Virginia highway was caused by a fatigued truck driver working for a company that allowed its drivers to log excessive hours, a federal report concluded Wednesday.
Rough Notes
AUGUST 30, 2024
Empowering its members through professional development and networking opportunities By Christopher W. Cook Founded in 1997 by independent insurance agent Jerald L. Tillman, whose insurance career today spans over 45 years, the National African American Insurance Association (NAAIA) was created for Black and African American insurance professionals to network and share information.
Insurance Journal
AUGUST 30, 2024
An Indian tax agency has found that British insurer Aviva breached local regulations capping commissions to sales agents with a system of fake invoices and clandestine cash payments, according to a notice seen by Reuters.
Rough Notes
AUGUST 30, 2024
A thought leader’s perspective on serving the modern insurance buyer By Mick Hunt In today’s rapidly evolving market, customer experience (CX) has undergone a seismic shift. Gone are the days when customer satisfaction was solely about face-to-face interactions or merely delivering a product.
Insurance Journal
AUGUST 30, 2024
Elon Musk and Tesla Inc. won dismissal of a lawsuit claiming they pumped up the price of the cryptocurrency Dogecoin into a $258 billion “pyramid scheme.
Rough Notes
AUGUST 30, 2024
Elevate both your customers’ experience and your agency’s overall performance By Michael Streit In today’s market shaped by tech giants, customer service expectations have significantly increased across all industries. And the reason is simple: Technology can perform tasks that humans alone cannot.
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