Insurance Journal
OCTOBER 9, 2024
Even before the second megastorm in as many weeks brings devastating floodwaters to the Southeast US, it’s already clear that federal flood-risk maps underpinning decisions by millions of American homeowners and businesses are severely out of sync with a new …
Property Insurance Coverage Law
OCTOBER 9, 2024
Imagine standing at a crossroads, where one path leads to your safety and the other to a stranger’s peril. Would you silently hope for your path to be the safer one? This moral dilemma isn’t just hypothetical—it’s a reflection of the wishes we make every day. I found myself deeply thinking about this while texting … The post Reflections on Historic Hurricane Milton Before It Strikes the Central West Coast of Florida appeared first on Property Insurance Coverage Law Blog.
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Insurance Journal
OCTOBER 9, 2024
Hurricane Milton could result in a $60 billion loss for the global insurance industry, creating a surge in 2025 reinsurance prices which could boost some insurance companies’ shares, analysts at RBC Capital said.
The Property Insurance Law Observer
OCTOBER 9, 2024
In a recent decision by the U.S. District Court for the Middle District of Florida, Wood v. GeoVera Specialty Insurance Company (2024 WL 3952571), the court affirmed that unambiguous policy limits remain enforceable even when an appraisal award exceeds those limits. This decision provides valuable guidance for insurers handling post-catastrophe claims.
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Insurance Journal
OCTOBER 9, 2024
Almost two years after a group of independent claims adjusters alleged that insurers had deceptively altered their damage estimates and low-balled policyholders, Florida’s chief financial officer has issued an emergency rule barring similar actions in Hurricane Milton claims.
AMAXX
OCTOBER 9, 2024
Paradigm is back as a Gold Sponsor for the 2024 National Workers’ Compensation and Disability Conference , October 15-17, in Las Vegas. While visiting booth #927 on the convention floor, you’re invited to share your passion and purpose in our What’s Your Why?: Portraits of Purpose booth experience. An onsite artist will transform your reasons into one unifying illustration—and for every response, Paradigm will make a donation to Kids’ Chance of America on your behalf.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Marine News
OCTOBER 9, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Montreal dockers to implement overtime ban appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 9, 2024
Investors in catastrophe bonds are girding themselves for substantial losses as the combined destructive force of Hurricanes Helene and Milton looks set to trigger payment clauses on a scale not seen in years.
Insurance Marine News
OCTOBER 9, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Maersk expects ship regulator to approve global CO2 levy in 2025 appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 9, 2024
NEW ORLEANS (AP) — A federal appellate court is reviewing a civil rights lawsuit alleging a south Louisiana parish engaged in racist land-use policies to place polluting industries in majority-Black communities. The Fifth U.S.
Insurance Marine News
OCTOBER 9, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post New Jersey’s first offshore wind farm gets final approvals from BOEM appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 9, 2024
Home security firm ADT Inc said on Monday an unauthorized actor had illegally accessed its network using credentials obtained through a third-party business partner. Shares of the company fell 1.8% after the bell.
Insurance Marine News
OCTOBER 9, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post West warns on increase in cargo claims for China-bound goods appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 9, 2024
With Hurricane Milton now expected to produce several hundred thousand wind-damage claims and with the storm coming so soon on the heels of Hurricane Helene, industry leaders are bracing for significant delays in claims adjusting.
Insurance Marine News
OCTOBER 9, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post MSC Taranto loses containers overboard off South Africa appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 9, 2024
A Virginia man pled guilty to embezzling funds from his former employer, a fund that provides financial assistance to families of infants who suffer from brain or spinal cord injuries, reports the U.S. Attorney for Eastern Virginia.
Insurance Marine News
OCTOBER 9, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Ship’s officer arrested in Norway for flying a drone appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 9, 2024
The U.N. weather agency is reporting that 2023 was the driest year in more than three decades for the world’s rivers, as the record-hot year underpinned a drying up of water flows and contributed to prolonged droughts in some places.
Insurance Marine News
OCTOBER 9, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Supply chain vulnerabilities highlighted by walkie-talkie attacks in Lebanon appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 9, 2024
GSK has agreed to pay up to $2.2 billion to settle most pending U.S. state court lawsuits claiming that a discontinued version of the heartburn drug Zantac caused cancer, the company announced on Wednesday.
Insurance Marine News
OCTOBER 9, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Superyacht removed from US sanctions list appeared first on Insurance Marine News.
Insurance Journal
OCTOBER 9, 2024
Hurricane Milton churned toward Florida’s west coast with winds powerful enough to demolish houses, threatening to unleash once-in-a-century flooding across some of the state’s fastest-growing counties.
Elmore
OCTOBER 9, 2024
Investors warn of impact to value of natural disaster-linked debt from massive Florida storm The post Hurricane Milton to test booming ‘cat bond’ market appeared first on Elmore Insurance Brokers.
Insurance Journal
OCTOBER 9, 2024
The state attorney general’s latest report on the deadly 2023 Lahaina wildfire flagged various locked gates that blocked people trying to flee as flaws in Maui’s evacuation planning.
Top Insurance Blogs
OCTOBER 9, 2024
What do you look for in a cyber policy as a risk manager? What are some of the key factors to consider in a cyber risk assessment? Cyber threats have risen in prominence in recent times, and the COVID-19 pandemic’s rapid move to remote working has amplified the requirement for firms to properly manage cyber […] The post What Are the Key Things to Look Out For in a Cyber Policy as a Risk Manager?
Insurance Journal
OCTOBER 9, 2024
Marriott International has agreed to settle with the Federal Trade Commission and 50 state attorneys general over a series of data breaches at a guest-reservation system subsidiary.
Top Insurance Blogs
OCTOBER 9, 2024
Dear Business Owners, As an experienced insurance agent, I understand the complexities and challenges you face while running your business. From managing finances to ensuring the safety of your employees and customers, every decision you make carries significant weight. One key area that can protect your business from unforeseen risks is a Business Owner’s Policy […] The post Business Owner’s Policy (BOP) Explained: Coverage and Advantages in the United States appeared first on
Insurance Journal
OCTOBER 9, 2024
It’s going to take about two weeks to remove smoldering debris from a Maine town’s trash incinerator after a fire burned in the waste for a week, officials said Tuesday.
Top Insurance Blogs
OCTOBER 9, 2024
And when we woke up, we had these bodies. They’re like, except I’m having them! Oh, I think we should just stay friends. You’ll have all the Slurm you can drink when you’re partying with Slurms McKenzie Hey, tell me something. You’ve got all this money. How come you always dress like you’re doing your […] The post Modern Language Wars, PHP vs Python vs Ruby appeared first on My Top Insurance Blogs.
Insurance Journal
OCTOBER 9, 2024
The U.S. Environmental Protection Agency has reached a tentative $4.2 settlement with a firm that owned and operated a major East Coast refinery that was shuttered after an explosion and fire in 2019.
Top Insurance Blogs
OCTOBER 9, 2024
And when we woke up, we had these bodies. They’re like, except I’m having them! Oh, I think we should just stay friends. You’ll have all the Slurm you can drink when you’re partying with Slurms McKenzie Hey, tell me something. You’ve got all this money. How come you always dress like you’re doing your […] The post After Effects Guru: Tracking and Stabilizing Footage appeared first on My Top Insurance Blogs.
Insurance Journal
OCTOBER 9, 2024
Munich Re Specialty announced it is entering the Spanish commercial market for primary specialty insurance, with an aim to begin underwriting in 2025. It has set up a Spanish branch of Munich Re Risk Solutions Ireland Ltd.
Top Insurance Blogs
OCTOBER 9, 2024
And when we woke up, we had these bodies. They’re like, except I’m having them! Oh, I think we should just stay friends. You’ll have all the Slurm you can drink when you’re partying with Slurms McKenzie Hey, tell me something. You’ve got all this money. How come you always dress like you’re doing your […] The post Home Run Kitten Favored in Competitive San Simeon appeared first on My Top Insurance Blogs.
Insurance Journal
OCTOBER 9, 2024
In the wake of wildfires over the weekend affecting parts of NorthDakota, Insurance Commissioner Jon Godfread and State Fire Marshal Doug Nelson are reminding residents of the necessary steps to protect themselves and their property during the recovery process.
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