Insurance Journal
OCTOBER 4, 2024
Tesla said on Thursday it would recall more than 27,000 Cybertrucks in the United States due to delayed rear-view camera images that could impair driver visibility and increase crash risks.
Property Insurance Coverage Law
OCTOBER 4, 2024
National Flood Insurance claims are notoriously complex and exacting. Most policyholders are unaware that National Flood claims are among the most difficult property insurance claims to handle correctly, and that the National Flood Insurance adjuster has limited authority. The field flood adjuster primarily serves to assist policyholders in making claims rather than having decision-making power. … The post Hurricane Helene National Flood Insurance Claims—What to Expect appeared first on Pr
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Insurance Journal
OCTOBER 4, 2024
SPRUCE PINE, N.C. (AP) — Two North Carolina facilities that manufacture the high-purity quartz used for making semiconductors, solar panels and fiber-optic cables have been shut down by Hurricane Helene with no reopening date in sight.
Property Insurance Coverage Law
OCTOBER 4, 2024
As Hurricane Helene swept through the Southeast United States, it left behind an overwhelming 40 trillion gallons of water. This catastrophic deluge impacted homes and businesses that had been flood-free for over 30 years, and it compounded the challenges faced by properties still recovering from previous storms like Ian and Debby. In my earlier blog … The post Controlling Your Relief: Key Forms for Flood Recovery After Hurricane Helene appeared first on Property Insurance Coverage Law Blo
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Insurance Journal
OCTOBER 4, 2024
The Pennsylvania Supreme Court has reversed lower court rulings and denied a dentist’s bid for insurance coverage for loss of use of his offices due to the COVID-19 pandemic.
LexisNexis
OCTOBER 4, 2024
Singh v. Garland (2-1) "Jaswinder Singh, a citizen and native of India, appeals the Board of Immigration’s (“BIA”) decision affirming the Immigration Judge’s (“IJ”) denial of his petition for asylum.1 He argues that the agency erred by misapplying Matter of R-K-K-, 26 I. & N. Dec 658 (BIA 2015), which permits immigration judges to consider strikingly similar affidavits submitted by asylum applicants in unrelated proceedings as a basis for an adverse credibility determination.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Protect Commercial Insurance
OCTOBER 4, 2024
Introduction If you’ve been keeping an eye on the financial news, you’ve probably heard a lot about rising interest rates lately. But what does this mean for property owners and their insurance needs? As interest rates creep up, they can have a surprising ripple effect on property insurance costs. Understanding this connection can help you make informed decisions about your investments and protect your financial well-being.
Insurance Journal
OCTOBER 4, 2024
Southern Taiwan worked on Friday to clear up damage from flooding and high winds after Typhoon Krathon slammed into a major port city, while most of the rest of the island resumed work and financial markets re-opened.
American Agents Alliance
OCTOBER 4, 2024
Insurance customers expect a hybrid insurance experience — and agents and brokers can provide this for them. Today’s policyholders have higher expectations than ever before and they are familiar with using intuitive, advanced tech in their personal lives. Insurers and agents are not only competing with each other, they are being compared with the digital experiences consumers have with services like Google, Uber, and Amazon.
Insurance Journal
OCTOBER 4, 2024
Russ Lewis has picked up some strange things along the coast of Long Beach Peninsula in Washington state over the years: Hot Wheels bicycle helmets with feather tufts, life-size plastic turkey decoys made for hunters, colorful squirt guns.
LexisNexis
OCTOBER 4, 2024
Maria Ramirez Uribe, PolitiFact, Oct. 3, 2024 "Temporary Protected Status and humanitarian parole do not provide people a pathway to citizenship. So, people with humanitarian parole or Temporary Protected Status must use another avenue — such as asylum, marriage or employment — to gain legal permanent residence. That leaves people who have these protections in a "precarious non-permanent status" that can expire or be ended by the president, Reisz said.
Insurance Journal
OCTOBER 4, 2024
BROOKLYN, Mich. (AP) — Concert promoter Live Nation isn’t responsible for the deaths of three young men who succumbed to carbon monoxide poisoning from a generator while camping at a Michigan music festival in 2021, the state appeals court said.
Insurance Journal
OCTOBER 4, 2024
HENDERSONVILLE, N.C. (AP) — Hurricane Helene dumped trillions of gallons of water hundreds of miles inland, devastating communities nestled in mountains far from the threat of storm surge or sea level rise.
Insurance Journal
OCTOBER 4, 2024
Texas Attorney General Ken Paxton sued TikTok on Thursday for sharing and selling minors’ personal information, violating a new state law that seeks to protect children who are active on social media, accusations that the company denied hours later.
Insurance Journal
OCTOBER 4, 2024
Ryan Specialty, headquartered in Chicago, named new leadership within its specialty underwriting segment, Ryan Specialty Underwriting Managers (RSUM). Eric Quinn was promoted to executive vice president – capital and product strategy.
Insurance Journal
OCTOBER 4, 2024
Optio Group, the London-based specialty managing general agent, announced it has acquired the Luxembourg-based MGA, Circles Group for an undisclosed sum, subject to regulatory approval.
Insurance Journal
OCTOBER 4, 2024
Antarctic sea ice at its annual peak this year covered the second-lowest area on record. It was just shy of last year’s record low, continuing what scientists fear is a trend caused by climate change. The ice covered 17.
Insurance Journal
OCTOBER 4, 2024
HORSESHOE BEACH, Fla. (AP) — It was just a month ago that Brooke Hiers left the state-issued emergency trailer where her family had lived since Hurricane Idalia slammed into her Gulf Coast fishing village of Horseshoe Beach in August 2023.
Insurance Journal
OCTOBER 4, 2024
One week after Hurricane Helene barreled ashore, Florida is bracing for another round of heavy rainfall and strong winds from a tropical system brewing in the Atlantic.
Insurance Journal
OCTOBER 4, 2024
US dockworkers agreed to end a three-day strike that had paralyzed trade on the US East and Gulf coasts and threatened to become a factor in the presidential election.
Insurance Journal
OCTOBER 4, 2024
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of C++ (Marginal) and the Long-Term ICR of “b+” (Marginal) of Farmers Mutual Insurance Company …
Insurance Journal
OCTOBER 4, 2024
The driver of a vehicle that crashed into a pipeline valve and sparked a four-day fire that forced the evacuation of nearby neighborhoods in a Houston suburb was a local 51-year-old man, according to police.
Insurance Journal
OCTOBER 4, 2024
Massachusetts Governor Maura Healey announced the appointment of Michael T. Caljouw as state’s new insurance commissioner.
Insurance Journal
OCTOBER 4, 2024
Africa Specialty Risks (ASR), the pan-African and Middle East-focused reinsurance group, announced that has begun operating as a Lloyd’s service company. As a Lloyd’s service company, ASR’s UK based entity, Africa Specialty Risks Ltd. (ASR Ltd.
Insurance Journal
OCTOBER 4, 2024
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