Wed.Nov 06, 2024

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Spain Risks €10.6 Billion Flood Damage Bill, PM Sanchez Says

Insurance Journal

Spanish Prime Minister Pedro Sanchez announced the first financial package for victims of the storms that killed more than 200 people in the country’s eastern region of Valencia. Spain will earmark as much as €10.6 billion ($11.

Damage 289
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Colorado Leads the Way in Meaningful Consumer Input on Insurance Regulation and Issues

Property Insurance Coverage Law

I’m always encouraged when I see insurance regulators actively seeking consumer perspectives. The Colorado Division of Insurance has taken an impressive step forward with its stakeholder engagement process by initiating the Consumer Insurance Council (CIC). The Colorado approach is particularly noteworthy because it appears to actively call for diverse voices of regular folk to work … The post Colorado Leads the Way in Meaningful Consumer Input on Insurance Regulation and Issues appe

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Chinese Group Accused of Hacking Singtel in Telecom Attacks

Insurance Journal

Singapore Telecommunications Ltd., Singapore’s largest mobile carrier, was breached by Chinese state-sponsored hackers this summer as part of a broader campaign against telecommunications companies and other critical infrastructure operators around the world, according to two people familiar with the matter.

Cyber 279
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Egypt reveals $6bn revenue hit from Houthi attacks in Red Sea

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Egypt reveals $6bn revenue hit from Houthi attacks in Red Sea appeared first on Insurance Marine News.

Marine 105
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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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High Winds in Southern California Drive Two Blazes

Insurance Journal

A wildfire sparked in California’s upscale Malibu beach community on Wednesday was driven by powerful winds sweeping apart the state’s southern region.

More Trending

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‘Board Certified’ Could Soon be an Advertising Thing for Florida Insurance Lawyers

Insurance Journal

By this time next year, plaintiffs lawyers, who have frequently been held up as thorns in the side of the Florida property insurance industry for their sometimes-aggressive pursuit of policyholder claims litigation, could have a stamp of credibility to brandish …

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Royal Moroccan Navy stops migrant attempt to hijack cargo ship

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Royal Moroccan Navy stops migrant attempt to hijack cargo ship appeared first on Insurance Marine News.

Marine 104
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Texas Medical Supply Distributor to Pay $448K in Back Wages for Racial Hiring Discrimination

Insurance Journal

The U.S. Department of Labor’s Office of Federal Contract Compliance Programs has entered into an agreement with McKesson Medical-Surgical Inc.

Damage 246
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Late-season hurricane threatens Gulf of Mexico offshore production

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Late-season hurricane threatens Gulf of Mexico offshore production appeared first on Insurance Marine News.

Marine 104
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Legal Weed Ballot Measure Falls Short of Supermajority Vote Needed in Florida

Insurance Journal

A constitutional amendment that would have legalized recreational marijuana in Florida won a majority of votes Tuesday but fell short of the required 60% needed to pass.

Insurer 246
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Vancouver port employers say workers will be locked out

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Vancouver port employers say workers will be locked out appeared first on Insurance Marine News.

Marine 102
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Business Moves: Ryan Specialty Acquires MGU Specialist; Clear Buys UK’s CoverMarque

Insurance Journal

Ryan Specialty, the Chicago-based specialty insurance services firm, has completed the acquisition of Innovisk Capital Partners from Abry Partners and BHMS Investments. Financial details of the deal were not disclosed.

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Newbuild Tasmanian ferry goes adrift in a storm

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Newbuild Tasmanian ferry goes adrift in a storm appeared first on Insurance Marine News.

Marine 94
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Florida’s Citizens Suspends Binding on Policies as Another Storm Churns in the Gulf

Insurance Journal

Florida’s state-created Citizens Property Insurance Corp., the largest insurer in the state, has suspended binding on policies, statewide, as yet another hurricane approaches from the Carribbean Sea and Gulf of Mexico. As of Monday, Nov.

Policy 246
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Marine round-up : 7th 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 : 7th November 2024 appeared first on Insurance Marine News.

Marine 52
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About 17% of Gulf of Mexico Oil Production Shut Due to Hurricane Rafael

Insurance Journal

About 17% of crude oil production and 7% of natural gas output in the U.S. Gulf of Mexico was shut in response to Hurricane Rafael, the U.S. Bureau of Safety and Environmental Enforcement said on Wednesday.

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Container ship Moliva still stuck off Albanian port

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Container ship Moliva still stuck off Albanian port appeared first on Insurance Marine News.

Marine 52
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Generali Said to Weigh Deal for Credit Investment Firm MGG

Insurance Journal

Assicurazioni Generali SpA is considering a deal to acquire New York-based credit investment firm MGG Investment Group, people familiar with the matter said, as the Italian insurer looks to expand in the private asset business.

Insurance 245
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Report on Aratere grounding in NZ cites lack of knowledge of steering system

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Report on Aratere grounding in NZ cites lack of knowledge of steering system appeared first on Insurance Marine News.

Marine 52
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Markets/Coverages: Chaucer Offers Nuclear Power Stations Insurance for Cyberattacks

Insurance Journal

Chaucer has launched a new nuclear insurance policy that provides nuclear power plants (NPP) with insurance cover for cyberattacks.

Cyber 245
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Arctic LNG 2 takes step forward as US sanctions fail to stop key delivery

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Arctic LNG 2 takes step forward as US sanctions fail to stop key delivery appeared first on Insurance Marine News.

Marine 52
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Mississippi Worker Killed When Hot Asphalt Falls from Dump Truck

Insurance Journal

JACKSON, Miss. (AP) — Police in Mississippi’s capital said a man died Monday when he was trying to repair a dump truck and asphalt poured onto him.

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Containership delays increase

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Containership delays increase appeared first on Insurance Marine News.

Marine 52
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Illinois Contractor Cited for Exposing Workers to Fall Hazards

Insurance Journal

Federal inspectors have cited 595 Construction LLC – a Crystal Lake, Illinois contractor with a history of exposing employees to fall hazards – for eight safety violations after finding employees framing a residential structure without required protections three times at …

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Turkish national arrested in Florida for suspected sanctions breach

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Turkish national arrested in Florida for suspected sanctions breach appeared first on Insurance Marine News.

Marine 52
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Fairgoers Join Lawsuit Against State Fair of Texas and Dallas Over Firearms Ban

Insurance Journal

Three fairgoers have joined Texas Attorney General Ken Paxton in suing the State Fair of Texas and the city of Dallas over the fair’s policy banning all firearms from its properties.

Policy 243
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Canada west coast strike could cost $765m a day in lost trade: Russell Group

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Canada west coast strike could cost $765m a day in lost trade: Russell Group appeared first on Insurance Marine News.

Marine 52
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In an Expensive and Difficult Market, States Aim to Make Fire Risk Ratings More Transparent

Insurance Journal

This post is part of a series sponsored by AgentSync. If Colorado’s any indication, more state departments of insurance may be working on legislation to ensure consumer transparency. Across the U.S.

Risk 147
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Tankship docks in Algeciras after collision in Mediterranean

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Tankship docks in Algeciras after collision in Mediterranean appeared first on Insurance Marine News.

Marine 52
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Insurance Aggregator vs. Franchise Model or Something Better? The Darkhorse Model Explained

Insurance Journal

This post is part of a series sponsored by Darkhorse Insurance. As an agent, you must often choose between insurance aggregators vs. franchise models.

Agents 130
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The Secret Weapon for Insurance Marketing: Your Content Calendar

Agency Revolution

In the bustling world of insurance marketing, keeping your agency top of mind with potential clients can feel like a full-time job. Between emails, social media posts, and blog updates, it’s easy to feel overwhelmed. Enter the content marketing calendar—a tool that simplifies planning, enhances consistency, and ensures your message hits the mark every time.

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Pennsylvania Prohibits Fires on State Lands As Dry Conditions Persist

Insurance Journal

Earlier this week, the Pennsylvania Department of Conservation and Natural Resources (DCNR) announced that it is prohibiting campfires on state park and forest lands until further notice.

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Zywave Adds Benchmarking & Loss Data to Cyber Quoting

Zywave

Data embedded into quoting workflow provides exclusive insights into coverage levels using industry data and loss profiles Leading insurtech provider Zywave today announced a first-of-its-kind enhancement to its Cyber Quoting solution with the addition of embedded benchmarking. Brokers can now leverage industry data and loss profiles from similar organizations to provide their clients with more sophisticated insight into coverage limit adequacy and potential loss gaps.

Cyber 52