Wed.Oct 23, 2024

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The Data Behind Rising Homeowners Premiums: By Peril and By State

Insurance Journal

The U.S. home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according to a new report released by LexisNexis Risk Solutions. The ninth annual LexisNexis U.S.

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The Façade of Consumer Protection: How Florida’s Political Leadership Continues to Favor Insurance Companies Over Policyholders — Are Florida’s Politicians in Bed with the Insurance Industry?

Property Insurance Coverage Law

While Jimmy Patronis and Governor DeSantis trumpet their latest emergency rule as consumer protection following the CBS 60 Minutes Expose noted in CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Altered Hurricane Damage Estimates by Claims Management, the reality reveals a different story. Governor DeSantis’s response to the CBS 60 Minutes exposé on … The post The Façade of Consumer Protection: How Florida’s Political Leadership Continues to Favor Insur

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McDonald’s Is Racing to Contain Fallout From E. Coli Outbreak

Insurance Journal

McDonald’s Corp. is trying to contain the fallout from a severe E. coli outbreak that appears to be linked to the slivered onions in its popular Quarter Pounder sandwiches.

Liability 276
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Tips for Establishing Trust with Elderly Customers in Final Expense Insurance Sales

Final Expense Brokerage

Oct 24, 2024 1:53:43 PM Contact Us Share: Gain valuable insights for building trust with senior clientele. Establishing a strong connection with older clients is essential for excelling in final expense insurance sales. Elderly individuals are often at a stage in life where they are navigating sensitive issues such as planning for the end of their lives and ensuring financial stability for their loved ones to avoid unexpected expenses.

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Helicopter Crashes Into Radio Tower Near Downtown Houston, Killing 4

Insurance Journal

HOUSTON (AP) — Four people aboard a helicopter were killed when it crashed into a radio tower in Houston and burst into flames, officials said. The helicopter went down just before 8 p.m.

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More than 6% of international trade vessels now in shadow fleet, says Kpler

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post More than 6% of international trade vessels now in shadow fleet, says Kpler appeared first on Insurance Marine News.

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Unlocking New Growth for Carriers, MGAs, and InsurTechs with Independent Agency Data

Neilson Marketing Services

The insurance distribution landscape is changing more quickly than ever before. Carriers, MGAs, wholesalers, and InsurTechs are all facing growing complexity. While new tech is reshaping how insurance is bought and sold, one of the biggest challenges remains unchanged—effective distribution. While focusing on the latest shiny objects of innovations is tempting, the real key to growth lies in finding the right distribution partners.

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E. Coli Outbreak Tied to McDonald’s Quarter Pounder Kills 1, Sickens Dozens

Insurance Journal

One person died and dozens fell ill from E. coli infections linked to McDonald’s Quarter Pounder hamburgers in 10 states, led by Colorado, where 26 people were sickened, the U.S. Centers for Disease Control said on Tuesday. The E.

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UK says Russian strikes on Black Sea ports are delaying grain supplies to Palestinians, global south

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post UK says Russian strikes on Black Sea ports are delaying grain supplies to Palestinians, global south appeared first on Insurance Marine News.

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Thousands Hit by Floods as Trami Tracks Toward Philippines

Insurance Journal

Tropical Storm Trami has dumped heavy rain across the main island of the Philippines, triggering extensive flooding that’s affected around 150,000 people as the government shut most of its operations.

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Mediation offer over Montreal port strike was rejected, says Canadian minister

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Mediation offer over Montreal port strike was rejected, says Canadian minister appeared first on Insurance Marine News.

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BHP Says Claim it Put Profit Over Safety ‘Unjustified’ in Brazil Dam Collapse Case in UK

Insurance Journal

BHP said on Wednesday that allegations a pursuit of profit over safety contributed to Brazil’s worst environmental disaster were “far-fetched and unjustified,” as the miner opened its defense to a mammoth lawsuit at London’s High Court.

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Crash on River Thames was result of “challenging” propulsion trials

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Crash on River Thames was result of “challenging” propulsion trials appeared first on Insurance Marine News.

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AIG Plans to Consolidate Atlanta Ops Into Innovation Hub

Insurance Journal

American International Group, better known as the global insurance enterprise AIG, said it will consolidate its Atlanta-area operations into a huge new innovation hub in Brookhaven, on the north side of the city.

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Marine insurance premiums up by nearly 6% in 2023: IUMI stats report

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine insurance premiums up by nearly 6% in 2023: IUMI stats report appeared first on Insurance Marine News.

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Cash-Flush Florida Tries to Buy Back Its Bonds for First Time

Insurance Journal

Florida bond investors are about to have an unusual decision to make — whether to sell their debt back to the state that issued the securities in the first place.

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A New Partnership Focuses on the Occupational Safety and Health Needs of Lone Workers

CDC: Workers Compensation

Working alone is common in many industries and may introduce safety and health risks for workers. In 2023, the Occupational Safety and Health Administration (OSHA) and the National Institute for Occupational Safety and Health (NIOSH) formed a partnership to improve safety and health for lone workers by developing and disseminating information about the risks of working alone and promising prevention strategies.

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Risk Strategies Adds Blaisdell Insurance to Benefits Practice in New England

Insurance Journal

National specialty insurance broker Risk Strategies reported it has acquired George W. Blaisdell Insurance, an employee benefits agency based in Hampton Falls, New Hampshire. The acquisition expands the Risk Strategies Employee Benefits Practice in its New England region.

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Why Insurance Companies Won't Write Policies Before Named Storms

Wren Insurance Agency

Now that we are in the thick of the official hurricane season here in Florida, you may have noticed - if you recently tried to bind a new home insurance policy - that most carriers will stop writing up to a week or two prior to a named storm possibly impacting the state. The reason for this may be obvious - they don't want to take on additional risk of losses tied to hurricane damage - but the specific details vary by carrier.

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Markets/Coverages: MGA Rokstone Inks 3-Year Direct & Fac Property Deal With Aviva

Insurance Journal

Rokstone, the London-based speciality re/insurance MGA that is part of the Aventum Group, has announced a three-year binding authority agreement with Aviva for its direct & facultative (D&F) property portfolio.

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Panama Canal continues recovery from 2023 drought

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Panama Canal continues recovery from 2023 drought appeared first on Insurance Marine News.

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CRC Group, Insurance Office of America Add New Faces in the Deep South

Insurance Journal

CRC Group, a wholesale specialty insurance distributor with offices in Birmingham, Alabama, has added three new faces to its Southern U.S. operations. Melissa Waters joined CRC’s Tampa office as an underwriting team leader.

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MLC Amendments – entry into force at end of year

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post MLC Amendments – entry into force at end of year appeared first on Insurance Marine News.

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New Rules Proposed to Block China, Russia, Iran From Accessing Bulk US Data

Insurance Journal

The U.S. Justice Department on Monday proposed new rules to protect federal government data or Americans’ bulk personal data from getting into the hands of countries like China, Iran and Russia by placing new limits on certain business transactions.

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Price Cap Coalition issues new advisory; targets Russian shadow fleet

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Price Cap Coalition issues new advisory; targets Russian shadow fleet appeared first on Insurance Marine News.

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FAA Finalizes Pilot Training, Certification Rules for Air Taxis

Insurance Journal

The Federal Aviation Administration on Tuesday finalized comprehensive training and pilot certification rules for flying air taxis, addressing a key hurdle to the deployment of electric vertical takeoff and landing aircraft.

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Reducing air pollution from ships in California ports

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Reducing air pollution from ships in California ports appeared first on Insurance Marine News.

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AM Best Assigns Superior Credit Rating to Iowa-Based Berkley Luxury

Insurance Journal

AM Best has assigned a Financial Strength Rating (FSR) of A+ (Superior) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) to Berkley Luxury Insurance Company (Berkley Luxury), based in Urbandale, Iowa.

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Unlocking Growth Innovating with Zywave’s Partner Platform

Zywave

Join us for an exclusive webinar to explore Zywave’s Partner Platform, where continuous innovation meets unparalleled partnership opportunities. Discover how our cutting-edge platform empowers brokers to drive growth, enhance productivity, and deliver exceptional value to you. In this session, you’ll learn about: – Latest Innovations: Get a first-hand look at our newest features and tools designed to streamline your operations and maximize efficiency. – Success Stories us

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Akron to Pay $4.8M to Family of Black Man Killed by Police

Insurance Journal

The family of Jayland Walker, a Black man killed when eight police officers fired 94 bullets at him after he shot at least one round out his car window, will receive a $4.

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Elevated Liver Enzymes Life Insurance (Here’s How You Get Approved!)

RiskQuoter

Elevated liver enzymes don't mean you can't get life insurance. We specialize in finding affordable coverage even with liver health concerns. The post Elevated Liver Enzymes Life Insurance (Here’s How You Get Approved!) appeared first on RiskQuoter.com.

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Firefighter Killed Responding to Connecticut State Park Fire

Insurance Journal

A Connecticut firefighter was killed while battling a massive brush fire at Lamentation Mountain in Berlin. Governor Ned Lamont ordered flags lowered to half-staff in honor of Robert Sharkevich Sr.

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Marine round-up : 23rd October 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 : 23rd October 2024 appeared first on Insurance Marine News.

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Honda Recalling 780,000 Vehicles in North America on Fuel Pump Concern

Insurance Journal

Honda is recalling 780,000 vehicles in North America over concerns that a high-pressure fuel pump may crack and leak fuel.

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