Insurance Journal
NOVEMBER 13, 2024
Argentine fintech company Ualá has raised $300 million from investors at a valuation of $2.75 billion, the latest funding haul for one of the most valuable startups in Latin America.
Property Insurance Coverage Law
NOVEMBER 13, 2024
Yesterday, I submitted comments to Florida’s Department of Financial Services regarding Emergency Rule 69BER24-4. 1 The overwhelming response from insurance professionals, public adjusters, and attorneys shows how this rule impacts the entire claims-handling community. The emergency rule, while well-intentioned in promoting transparency, creates several practical challenges that could harm Florida policyholders.
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Insurance Journal
NOVEMBER 13, 2024
North American specialty insurance brokerage Risk Strategies reports it has acquired Felsen Insurance Services, Inc., a New Jersey-based agency offering commercial and personal property/casualty insurance. Terms of the deal were not disclosed.
Property Insurance Coverage Law
NOVEMBER 13, 2024
Why do some insurance companies nickel and dime their customers who have sustained a covered property loss? I was thinking about that while reading the case highlighted in yesterday’s post, Appraiser Qualifications and Bad Faith Suits Against Policyholders in California—Chubb’s Attempt to Vacate Huge Glass Fire Appraisal Award Largely Fails. Chubb successfully argued that the … The post The Construction Costs to Investigate the Full Extent of a Covered Loss Should Be Covered appeared first
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Insurance Journal
NOVEMBER 13, 2024
As with computer models that help predict risk from hurricane winds, insurers now have more than one model to use when gauging flood damage in storm-soaked Florida.
Neilson Marketing Services
NOVEMBER 13, 2024
We started our business as a telemarketing company in the property and casualty (P&C) insurance space. The industry, particularly in the P&C sector, is evolving, and telemarketing has followed suit. No longer confined to cold calls and scripts, modern telemarketing requires a multi-modality approach to remain effective and reach audiences in a way that drives engagement and conversions.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
EverQuote
NOVEMBER 13, 2024
Want to be an independent insurance agent but have no idea where to start? Let this guide—sourced from an expert agent who has traveled this same path—be your, well, guide.
Insurance Journal
NOVEMBER 13, 2024
General Motors will recall 461,839 vehicles over an issue with transmission, the National Highway Traffic Safety Administration said on Wednesday.
Wren Insurance Agency
NOVEMBER 13, 2024
As you know, Florida is a unique state when it comes to insurance. It's a challenging environment with our hurricane-prone coastlines, plethora of HOAs and unique retirement communities. Depending on your circumstances, traditional home, auto or business-related insurances may not be enough to cover your distinctive needs. This is where "surplus lines" insurance comes in.
Insurance Journal
NOVEMBER 13, 2024
A North Carolina insurance agent who was penalized by regulators almost 20 years ago has given up her producer license after she was charged with pocketing insurance premiums.
LexisNexis
NOVEMBER 13, 2024
Aleman-Belloso v. Garland "Jose Ernesto Aleman-Belloso (“Aleman”), a native and citizen of El Salvador, petitions for review of a decision by the Board of Immigration Appeals (“BIA”) adopting and affirming an Immigration Judge’s (“IJ”) denial of his claims for asylum, withholding of removal, and relief under the Convention Against Torture (“CAT”).
Insurance Journal
NOVEMBER 13, 2024
The Dutch company that owns Stop & Shop and Hannaford grocery stores across New England is dealing with a cyberattack that has disrupted online shopping, product deliveries and pharmacy services at some locations.
PSM Brokerage
NOVEMBER 13, 2024
Medicare OEP: An Agent’s Guide to Success, Compliance, and Client Trust The Medicare Open Enrollment Period (OEP) is a valuable yet often misunderstood opportunity for agents to assist clients. While the Annual Enrollment Period (AEP) receives the lion’s share of attention, OEP offers unique opportunities to further support clients and build trust—if used wisely and ethically.
Insurance Journal
NOVEMBER 13, 2024
YEMASSEE, S.C. (AP) — Employees at a South Carolina compound that breeds monkeys for medical research have recaptured five more animals that escaped last week from an enclosure that wasn’t fully locked.
PSM Brokerage
NOVEMBER 13, 2024
Medicare OEP Agent Checklist Review and Prepare Familiarize yourself with CMS OEP compliance rules, especially regarding unsolicited contact and plan change restrictions. Prepare neutral, educational materials that focus on coverage options without suggesting plan changes. Update all client records, ensuring contact information and coverage details are accurate and up-to-date.
Insurance Journal
NOVEMBER 13, 2024
Christensen Group Insurance announced its strategic expansion into San Antonio with a pair of hires, adding to its presence in Austin and the broader Texas region. Christensen Group have added professionals Ryan Ritchey and Andrew Peterson to its Benefits team.
Simply Insurance
NOVEMBER 13, 2024
What is Workers Compensation Insurance and How Does It Work in the US? Workers Compensation Insurance is a crucial safety net for both employees and employers in the United States. It serves as a form of insurance that provides wage replacement and medical benefits to employees injured in the course of employment.
Insurance Journal
NOVEMBER 13, 2024
This year’s U.N. climate summit – COP29 – is being held during yet another record-breaking year of higher global temperatures, adding pressure to negotiations aimed at curbing climate change.
Zywave
NOVEMBER 13, 2024
Within the next decade the cyber insurance market is projected to grow to over $120 billion according to a report by Fortune Business Insights. That means there’s a lot of opportunity for insurers who are looking to either grow their cyber business or expand into the cyber market. But with growth opportunities comes risk. So, before you jump into the cyber game, you need to consider: Do you have the distribution network that will support your expansion into this rapidly growing market?
Insurance Journal
NOVEMBER 13, 2024
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 …
LexisNexis
NOVEMBER 13, 2024
Lex Machina is proud to launch “ Full Federal ”, which includes the release of the remaining cases in its complete federal district court dataset. This is a momentous milestone in Lex Machina’s journey to bring Legal Analytics to all areas of the law. Legal Analytics are powerful tools that help legal professionals gain reliable, data-driven insights into the litigation landscape that matters most to them.
Insurance Journal
NOVEMBER 13, 2024
The family of a security guard who was shot and killed at a hospital in Portland, Oregon, sued the facility for $35 million on Tuesday, accusing it of negligence and failing to respond to the dangers that the gunman posed …
ProWriters
NOVEMBER 13, 2024
On July 19, 2024, the world got an unwanted glimpse of what might have happened had the Y2K “millennium bug” struck more than two decades earlier. A software update gone wrong caused millions of computing devices to crash. As a result, chaos plagued airlines, hospitals, banks, and retailers for days. The so-called “CrowdStrike attack” wasn’t Y2K, as IT expert Sean Michael Kerner notes.
Insurance Journal
NOVEMBER 13, 2024
A federal jury on Tuesday found U.S. defense contractor CACI International liable for its role in torture at the Abu Ghraib prison near Baghdad during the Iraq war and ordered it to pay $42 million in damages.
LexisNexis
NOVEMBER 13, 2024
USCIS, Nov. 13, 2024 "On November 7, 2024, the United States District Court for the Eastern District of Texas in State of Texas v. Department of Homeland Security , Case Number 24-cv-306 (E.D.T.X. Nov. 7, 2024) issued a final judgment vacating the Keeping Families Together (KFT) parole process, published at 89 Fed. Reg. 67,459 (Aug. 20, 2024). Effective immediately, USCIS is taking the following steps to comply with the Court’s Order: Pending Form I-131F applications will not be adjudicated
Insurance Journal
NOVEMBER 13, 2024
Baloise Holding AG has become one of the most-discussed takeover candidates in the European financial sector, after agitation by an activist investor triggered top industry players to take fresh looks at the Swiss insurer.
LexisNexis
NOVEMBER 13, 2024
Jeanne Leblanc, UConn Today, Nov. 13, 2024 "The Asylum and Human Rights Clinic helps immigrants along the path to a new life and provides law students with practical, hands-on experience.
Insurance Journal
NOVEMBER 13, 2024
Who gets to keep an engagement ring if a romance turns sour and the wedding is called off? That’s what the highest court in Massachusetts was asked to decide with a $70,000 ring at the center of the dispute.
LexisNexis
NOVEMBER 13, 2024
USCIS, Nov. 13, 2024 "Policy Highlights • Provides that Afghan nationals who arrived in the United States during OAW and received a full immigration medical examination conducted by a blanket-designated civil surgeon at a government-run facility who annotated the results on Report of Immigration Medical Examination and Vaccination Record (Form I-693), or by a panel physician abroad who annotated the results on DS-7794 or DS-2054, will not have to repeat the immigration medical examination w
Insurance Journal
NOVEMBER 13, 2024
Everest Insurance, the insurance division of Everest Group, headquartered in Warren, New Jersey, appointed Nina Corbo to lead U.S. primary casualty and Debbie Weiser to lead U.S. excess casualty. Corbo oversees the risk management and commercial casualty segments.
LexisNexis
NOVEMBER 13, 2024
Visa Bulletin for December 2024
Insurance Journal
NOVEMBER 13, 2024
The Oklahoma Insurance Department is offering assistance to residents affected by the severe storms that hit the state in early November. Tornadoes and severe storms struck Oklahoma Nov.
LexisNexis
NOVEMBER 13, 2024
Bochen Han, SCMP, Nov. 13, 2024 "[E]xperts say that while some migrants will likely heed the warning and voluntarily depart, there are significant hurdles to a massive deportation effort, especially a speedy one. Citing the due process clause of the US Constitution, Stephen Yale-Loehr of Cornell Law School said that “people have a right to a hearing before they can be deported”.
Insurance Journal
NOVEMBER 13, 2024
National insurance broker World Insurance Associates reports it acquired the business of Skylands Insurance Group of Flanders, New Jersey on August 1, 2024. Terms of the transaction were not disclosed.
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