Insurance Journal
SEPTEMBER 3, 2024
Hotter summers in Canada that have sparked wildfires in tourist areas, intense hailstorms and thunderstorms with severe flooding in major cities, all likely linked to climate change, are leading to personnel shortages and potentially claims adjustment delays, according to insurance …
Property Insurance Coverage Law
SEPTEMBER 3, 2024
I can only imagine that the owner of Opera Block Properties was a student of weather when ordering drain backup coverage—the day before drains backed up. This post highlights an agent’s binding authority under Michigan law and discusses important insurance principles concerning the “completed-loss” and “loss-in-progress” doctrines.
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Insurance Journal
SEPTEMBER 3, 2024
Insured losses have surged in the past decade as climate change in Canada sparks wildfires, intense hailstorms and thunderstorms with severe flooding in major cities. Insured losses from natural disasters averaged C$2.2 billion ($1.
Wren Insurance Agency
SEPTEMBER 3, 2024
As a Floridian, you may know that - regardless of the flood zone your home is in - it's always a good idea to have flood insurance in place, especially once you realize that your regular homeowners insurance doesn't cover most rising water events. Overflow of inland or tidal waters, heavy runoff from significant rainfall, collapse or destabilization of land along a body of water due to erosion, or unexpected wave activity can all cause flooding events in your home that aren't covered by your typ
Insurance Journal
SEPTEMBER 3, 2024
As the market for in-house insurance surpasses a record $200 billion, the underlying reasons for that boom show how a hotter, less stable planet is redrawing the risk map for corporations.
Relation
SEPTEMBER 3, 2024
You will want to take advantage of Relation’s upcoming compliance webinar – Wellness in the workplace. Join our VP of Compliance, Matthew LoPorto, and our Wellness Program Manager, Jeanne McDaniel, as they team up to discuss how to create a thriving Wellness Program that not only encourages engagement with health and wellness benefits but also cultivates a […] The post WEBINAR SERIES | Wellness in the Workplace – How to Create an Effective and Compliant Wellness Program a
Insurance Journal
SEPTEMBER 3, 2024
Conifer Holdings announced that it completed the sale of its insurance agency operations for consideration equal to $45 million (subject to transaction expenses and customary purchase price adjustments), plus possible additional earn-out payments of up to $25 million based on …
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Insurance Journal
SEPTEMBER 3, 2024
Urban expansion, property exposure and climate change could fuel a 40% increase in annual natural-catastrophe losses for the global insurance industry, according to a new report.
CDC: Workers Compensation
SEPTEMBER 3, 2024
What does safety have to do with forest engineering? Everything. For the first time, Safety, Health, and Workforce Development was highlighted as a distinct track at the Council of Forest Engineering’s (COFE) Annual Meeting. Hosted by the University of Idaho’s College of Natural Resources and the University of Idaho Experimental Forest on May 21-24 in Moscow, Idaho, and co-sponsored by the NIOSH Agricultural Center, Pacific Northwest Agricultural Safety and Health (PNASH) Center, the meeting inc
Insurance Journal
SEPTEMBER 3, 2024
DETROIT (AP) — The Michigan Supreme Court on Friday shut the door on businesses seeking to be paid by the state for restrictions that harmed sales during the COVID-19 pandemic.
Insurance Marine News
SEPTEMBER 3, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post New maritime disputes expert at WFW in Athens appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 3, 2024
Fitch Ratings published midyear underwriting results for 19 non-life reinsurers, finding that the group’s average first-half 2024 combined ratio was 84.2, and forecasting continued profits for the rest of 2024 and 2025 also.
Insurance Marine News
SEPTEMBER 3, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Vessel intended as a “game-changer” in New Zealand runs aground in storm appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 3, 2024
Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has signed a definitive agreement to acquire certain assets of the European managing general agent Geo Underwriting Europe BV (Geo Europe), part of London-based Ardonagh Group.
Insurance Marine News
SEPTEMBER 3, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Pilot reports that captain of containership appeared to be drunk appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 3, 2024
AG Equipment Company, a Broken Arrow, Oklahoma compressor packaging manufacturer, violated federal law when it fired 10 employees for failing to receive a COVID-19 vaccination because of their religious beliefs or medical restrictions, the U.S.
Insurance Marine News
SEPTEMBER 3, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Markel names O’Neil as senior underwriter for marine and energy liability appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 3, 2024
Oil service company Halliburton on Tuesday said a cyberattack last month has caused “disruptions and limitations” to business applications that support operations.
Insurance Marine News
SEPTEMBER 3, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Conditions “not right” for towing of Sounion tanker. Says EUNAVFOR Aspides appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 3, 2024
Authorities are investigating the weekend collapse of a portion of bleachers at a rodeo arena in Texas, injuring 12 people near San Antonio. Emergency responders arrived at the rodeo arena shortly after 9 p.m.
Insurance Marine News
SEPTEMBER 3, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post At least one more tanker attacked in Red Sea on Monday appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 3, 2024
The National Highway Traffic Safety Administration said on Tuesday it had confirmed the 28th death in the United States stemming from a defective Takata air bag inflator since 2009. The issue has prompted the largest-ever recall in U.S. history.
Smart Insurance Agents
SEPTEMBER 3, 2024
Can You Have Private Insurance and Medicaid? Eligibility and Benefits Explained Yes, you can have private insurance and Medicaid simultaneously. This raises the question: can you have private insurance and Medicaid? This dual coverage can provide a broader range of medical services and reduce out-of-pocket costs. This article will explain how eligibility works, how benefits coordinate, and what you need to know about combining both types of insurance.
Insurance Journal
SEPTEMBER 3, 2024
This edition of International People Moves details appointments at AXIS Capital Holdings and Lockton Re. A summary of these new hires follows here. AXIS Names White as Head of Aviation, Succeeding Wood AXIS Capital Holdings Ltd.
Elmore
SEPTEMBER 3, 2024
Risk modelling firm says recent challenging years are not outliers The post Insurers face $151bn in yearly losses from natural disasters, report forecasts appeared first on Elmore Insurance Brokers.
Insurance Journal
SEPTEMBER 3, 2024
Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has signed a definitive agreement to acquire the property and casualty (P&C) MGUs owned by Ethos Specialty Insurance LLC from Ascot Group Ltd.
Insurance Marine News
SEPTEMBER 3, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Djibouti offers Ethiopia access to port appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 3, 2024
Four people were injured after a bus carrying the Abilene Christian University football team was involved in a crash with another vehicle in Lubbock, Texas, on Saturday night.
Insurance Marine News
SEPTEMBER 3, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 4th September 2024 appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 3, 2024
STEELE, N.D. (AP) — Tornadic winds knocked nearly four dozen train cars off a track in North Dakota, part of a storm system that spurred reports of five tornadoes across the Dakotas.
Insurance Marine News
SEPTEMBER 3, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post New shipping directive from Somalia appeared first on Insurance Marine News.
Insurance Journal
SEPTEMBER 3, 2024
Hewlett Packard said Monday it would continue legal proceedings to seek up to $4 billion in damages from British billionaire Mike Lynch’s estate in the UK. The U.S.
Rough Notes
SEPTEMBER 3, 2024
Learn everything you need to know, not the bare minimum “[S]oft skills” are often the hardest to learn, and the most important to possess, when working in an independent insurance agency. By Cheryl Koch, CPCU, ARM, AAI, ACSR, AFIS, and Mary Belka, CPCU, ARM, ARe, RPLU, CIC It was bound to happen sometime.
Insurance Journal
SEPTEMBER 3, 2024
Product recalls in the U.S. decreased across the automotive, consumer product, food and drink, medical device and pharmaceutical industries in the second quarter, according to a new report from Sedgwick. Sedgwick’s U.S.
American Agents Alliance
SEPTEMBER 3, 2024
Sponsored Post by Media Alpha When we first asked agents across the country about their experiences with internet leads, the feedback was consistent and clear: Agents want better leads and more control. Today, agents frequently buy prospects who are either low-intent or no longer in-market. And when these leads are purchased, they pay at a fixed-flat rate, regardless of how likely each person is to become a valuable, long-term customer.
Insurance Journal
SEPTEMBER 3, 2024
Three insurers that paid more than $1 million in auto and property damage claims to a New York couple and their homeowners association are attempting to recover the payments from the giant car maker and local dealership.
Rough Notes
SEPTEMBER 3, 2024
Don’t shortchange yourself and your fellow shareholders by buying into a myth The serial acquirers of insurance brokers have often worked on hundreds of merger and acquisition (M&A) transactions while an owner is likely to have never completed or been part of one.
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