Insurance Journal
SEPTEMBER 1, 2024
The city of Los Angeles will pay $38.2 million to settle a 2017 lawsuit after “falsely” stating on federal documents that its multifamily affordable housing units built with federal funds were accessible for people with disabilities.
Property Insurance Coverage Law
SEPTEMBER 1, 2024
Trade credit insurance is a risk management tool that protects businesses against losses from unpaid invoices or accounts receivable. It covers a company’s trade receivables in case a customer fails to pay due to insolvency, bankruptcy, default, or other reasons specified in the policy. The primary use of trade credit insurance is to safeguard a … The post Trade Credit Insurance—Applications and Right Complete Answers Are Important While Wrong Answers May Result in No Coverage appear
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Insurance Journal
SEPTEMBER 1, 2024
A survey of nearly 1,000 IT and security professionals shows numerous organizations were targeted by ransomware attacks in the past year with a high degree of success, with most paying a ransom — many of which paid multiple times.
ProWriters
SEPTEMBER 1, 2024
Cyber threats continue to challenge individuals, countries, and companies in today’s digitally interconnected world. Whether they are familiar but no less dangerous risks like ransomware attacks or denial-of-service (DoS) attacks, or whether they take such still-emerging forms as cryptojacking or AI-powered phishing campaigns , cyber security threats require constant vigilance and proactive protective measures, especially given current events.
Insurance Journal
SEPTEMBER 1, 2024
A Skagit County was fined nearly $330,000 for exposing workers to crystalline silica dust from cutting, grinding and polishing stone countertops.
Splash: Finance and Insurance
SEPTEMBER 1, 2024
The Poseidon Principles is set to expand beyond its original climate origins to encompass many other environmental, social, and governance (ESG) aspects. The Poseidon Principles Association, known for integrating climate considerations into financial lending and pioneering the assessment and disclosure of climate alignment in ship finance portfolios, has decided to create the Future Principles Committee.
Insurance Journal
SEPTEMBER 1, 2024
National Lockton, headquartered in Kansas City, Missouri, appointed Tim Ryan president of its U.S. business operations. Ryan has 19 years of experience as the COO of Lockton’s Northeast business and 30 years of industry experience.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
SEPTEMBER 1, 2024
California Insurance Commissioner Ricardo Lara in mid-August released a statement on his latest administrative action designed to address the state’s homeowners insurance crisis.
Simply Insurance
SEPTEMBER 1, 2024
Our Fabric Life insurance review covers all the changes such as new term lengths, faster approval processes, and lower rates.
Insurance Journal
SEPTEMBER 1, 2024
The number of Florida claims from Hurricane Debby, filed within 10 days of the storm, stood at almost two-thirds of the number of claims filed from Hurricane Idalia in a three-month period. Debby claims by Aug.
American Agents Alliance
SEPTEMBER 1, 2024
By: Steve Miller Payment processors specializing in insurance understand the unique challenges and regulatory requirements of the industry Prioritize payment processors that offer a user-friendly interface for both customers and internal staff Efficient authorization approval processes minimize delays in policy issuance and claims processing While cost optimization is essential, it is equally important to assess the overall value provided by a payment processor Seamless integration between the p
Insurance Journal
SEPTEMBER 1, 2024
Former Michigan State University head football coach Mel Tucker is suing the university and school leaders, alleging that they wrongfully fired him last year and violated his constitutional rights after he was accused of sexual harassment.
Insurance Journal
SEPTEMBER 1, 2024
For more than a decade, Insurance Journal has recognized some of the nation’s largest agency partnerships and networks in its annual Top 20 ranking. In 2014, Insurance Journal’s Top 20 Agency Partnerships together held $1.4 billion in total P/C revenue.
Insurance Journal
SEPTEMBER 1, 2024
The professional liability market for architects and engineers is continuously adapting to new trends and challenges. These shifts bring both opportunities and obstacles for brokers and design professionals.
Insurance Journal
SEPTEMBER 1, 2024
By Andrea Wells Finding the right partner can help make or break a business. That’s also true of finding the right agency partnership or network, especially as market cycles change and what agents need from a partner changes, as well.
Insurance Journal
SEPTEMBER 1, 2024
By L.S. Howard Global insured losses from natural catastrophes totaled US$60 billion during the first half of 2024, or 62% above the 10-year average, according to preliminary estimates from Swiss Re. Severe thunderstorms (mainly in the U.S.
Insurance Journal
SEPTEMBER 1, 2024
By Allen Laman Fourteen percent of insurance companies plan to reduce employee headcounts in the next year, according to numbers from Aon and The Jacobson Group’s latest insurance labor market study.
Insurance Journal
SEPTEMBER 1, 2024
The energy company at the center of a $60 million bribery scheme in Ohio will pay $20 million and avoid criminal charges as part of a deal with state prosecutors to resolve its role in the scandal. Akron-based FirstEnergy Corp.
Insurance Journal
SEPTEMBER 1, 2024
More than 2.6 million homes across 14 states with a total reconstruction cost of $1.3 trillion are at moderate to very high risk of wildfire damage during the 2024 wildfire season, the 2024 CoreLogic Wildfire Risk Report shows.
Insurance Journal
SEPTEMBER 1, 2024
The management liability insurance segment has attracted a lot of new capacity in the last few years, and the increased competition has pushed rates down significantly.
Insurance Journal
SEPTEMBER 1, 2024
In 2015, my partners and I started the buy-out process at Capstone. In 2018, the purchase was complete, but the real work had just begun. We thought about how to grow the company, which included hiring additional recruiters.
Insurance Journal
SEPTEMBER 1, 2024
The 22 acquirers that make up the Sica Fletcher Index were involved in 242 agent-broker deals in the first six months of 2024, totaling $635 million in revenue.
Insurance Journal
SEPTEMBER 1, 2024
Florida authorities in August arrested a well-known southwest Florida insurance agent, charging him with larceny and embezzlement of premiums.
Insurance Journal
SEPTEMBER 1, 2024
By Patrick Wraight We had some work done on our home recently and the contractor wasn’t what I was expecting.
Insurance Journal
SEPTEMBER 1, 2024
Auto insurance shopping volume set a new record for the second consecutive quarter of 2024. The number of U.S.
Insurance Journal
SEPTEMBER 1, 2024
National Confie, Affordable Insurance, US1 Insurance, Bridgepoint Insurance Confie, a California-based personal lines distributor, has acquired three insurance agencies in the South: Affordable Insurance in Hendersonville, North Carolina; US1 Insurance in Miami; and Bridgepoint Insurance in McAllen, Texas.
Insurance Journal
SEPTEMBER 1, 2024
By Jack Brook British energy giant Drax Global, already under scrutiny for running afoul of environmental laws in multiple states, has disclosed to the state of Louisiana that its wood pellet production facilities emit hazardous air pollutants above their permitted …
Insurance Journal
SEPTEMBER 1, 2024
Debby Flooding “These findings underscore the necessity for a reevaluation of flood risk assessments and preparedness strategies in vulnerable areas.
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