Fri.Feb 21, 2025

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Tesla Recalls 380,000 Vehicles Over Power Steering Assist Issue

Insurance Journal

Tesla said on Friday it was recalling nearly 380,000 vehicles in the United States due to a power steering assist failure that could increase steering effort, particularly at low speeds, potentially raising the risk of a crash.

Risk 257
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Companies fail to stop furlough funds being deducted from pandemic payouts

Elmore

Decision is latest in broader dispute between business policyholders and insurers over Covid coverage The post Companies fail to stop furlough funds being deducted from pandemic payouts appeared first on Elmore Insurance Brokers.

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LA Mayor Removes Fire Chief in Fallout From Palisades Blaze

Insurance Journal

Los Angeles Mayor Karen Bass removed Fire Chief Kristin Crowley, citing failures in the department’s response to the devastating Palisades wildfire.

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UnitedHealth’s Medicare billing process faces US justice department scrutiny

Elmore

Shares fall in countrys largest healthcare company which said it was unaware of any review The post UnitedHealths Medicare billing process faces US justice department scrutiny appeared first on Elmore Insurance Brokers.

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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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North Dakota Insurance Department Recovers Over $2M in 2024

Insurance Journal

The North Dakota Insurance Department recovered over $2 million for policyholders across the state in 2024, helping over 1,500 customers, Insurance Commissioner Jon Godfread announced.

More Trending

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Chilean Men Charged With Burglarizing Homes of Mahomes, Burrow, Other Players

Insurance Journal

ST. PETERSBURG, Fla. (AP) Seven men from Chile have been charged in Florida federal court with orchestrating burglaries at the homes of prominent professional athletes around the country, according to a criminal complaint.

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Pick an Umpire from the Other Party’s List

Property Insurance Coverage Law

A federal judge recently made parties select one umpire nominee from the other partys list. 1 The federal judge then decided between the two. I have not seen this method by a judge. It seems to have pros and cons, although I am intrigued by the concept. One advantage is that by withholding the selection … The post Pick an Umpire from the Other Partys List appeared first on Property Insurance Coverage Law Blog.

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People Moves: Alliant Hires Leadley, Pelletiere and Rhatigano as Commercial Surety VPs

Insurance Journal

Alliant Insurance Services, headquartered in Irvine, California, hired Jeff Leadley, Glenn Pelletiere and Tom Rhatigan as senior vice presidents in Alliant Specialty, within the company’s national commercial surety practice.

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Your Policyholders are Talking—Is Your CRM Listening?

InsuredMine

It starts with a simple call. A long-time policyholder reaches out to check on a claim. Theyve been with your agency for years, yet theyre transferred between departments, asked for their policy number multiple times, and left wondering if anyone is actually paying attention. Meanwhile, another customer, frustrated by a recent rate increase, vents on social media.

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Georgia Commissioner Proposes New Rules on Lithium Batteries, Mobile Homes

Insurance Journal

The Georgia Office of insurance commissioner will hold a hearing March 20 on new rules regarding fire safety, including the storage of lithium-ion batteries, as well as new permitting rules for mobile homes.

Insurer 173
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Blog Post: EOIR Policy Memo 25-23: EOIR Inferior Officers (Feb. 21, 2025)

LexisNexis

EOIR, Feb.

Policy 45
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AM Best: US P/C Industry Improves Despite 2024 Underwriting Loss

Insurance Journal

The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection. A report from industry rating agency AM Best this week said U.S.

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Blog Post: EOIR Policy Memo 25-22: Access EOIR Initiative (Feb. 20, 2025)

LexisNexis

EOIR, Feb. 20, 2025 " Access EOIR Initiative is returned to its original form and limited to providing greater access to information online regarding EOIR. If not already rescinded and cancelled, any policies expanding the Access EOIR Initiative beyond that original conception are rescinded and cancelled. Further, no potential future expansion of the Access EOIR Initiative may occur unless it is consistent with EOIRs Core Policy Values, see PM 25-02 EOIRs Core Policy Values (Jan. 27, 2025),

Policy 45
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SEC to Drop Lawsuit Against Coinbase, Firm Says

Insurance Journal

Coinbase said on Friday the U.S. securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a contentious years-long legal battle once considered existential for the trading platform and the broader sector.

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Blog Post: The Fundamental Flaws in the Barnett/Wurman Defense of Trump’s Birthright Citizenship Executive Order

LexisNexis

Adam Cox, Pamela Karlan, Marty Lederman, Trevor Morrison and Cristina Rodríguez, February 19, 2025 " Barnett and Wurmans apologia for the Trump Executive Order is fundamentally flawed and irresponsible in several critical respectsmost importantly, in its contention that a child born in the United States is denied citizenship because his or her parents once violated the law.

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OID Announces Zip Codes for Strengthen Oklahoma Homes Grant Pilot Program

Insurance Journal

The Oklahoma Department of Insurance shared eight zip codes for the initial pilot launch of OKReady, the Strengthen Oklahoma Homes (SOH) program. SOH provides grants of up to $10,000 to homeowners to fortify homes pursuant to the IBHS Fortified standard.

Insurer 162
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Sweden Investigates Possible New Breach of Baltic Sea Cable

Insurance Journal

Sweden is investigating a possible breach of an undersea cable off the country’s southwestern coast in the Baltic Sea, the coastguard said on Friday, in an area where multiple seabed cables have been damaged in recent months.

Damage 162
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People Moves: People Moves: Brown & Riding appoints Conyers, Jr. Energy Practice Leader

Insurance Journal

Brown & Riding, headquartered in Dallas, appointed Robert Conyers, Jr., as energy practice leader. Conyers joined Brown & Riding in 2017 and became a principal in 2023.

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Ohio Ex-Police Officer Sentenced for Starting 26 Arson Fires in Wayne National Forest

Insurance Journal

A former Ohio fire department administrator and police officer was sentenced in federal court here to 18 months in prison for starting dozens of arson fires in Wayne National Forest. James A.

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Woman Sues Georgia Fertility Clinic, Saying She Gave Birth to Another Woman’s Baby

Insurance Journal

SAVANNAH, Ga. (AP) Krystena Murray became pregnant after undergoing in vitro fertilization two years ago, and said she was unaware until she gave birth that the fertility clinic had made a fateful mistake.

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People Moves: Price Forbes Rebrands Turkey Operations, Making 3 Key Appointments

Insurance Journal

Price Forbes, the London-based broker, has announced three key appointments in Turkey and a rebranding of its local business.

Broker 147
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Birkenstock Sandals Are Pieces of Design and Not Protected by Copyright: German Court

Insurance Journal

Birkenstock sandals, which have evolved from a symbol of counterculture to a trendy fashion item, do not qualify as art and are therefore not protected by copyright, Germany’s highest civil court ruled on Thursday.

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People Moves: Chesapeake Employers’ Insurance Names Swartz Chief Growth Officer

Insurance Journal

Chesapeake Employers’ Insurance Company, headquartered in Towson, Maryland, named Jodi M. Swartz as the company’s senior vice president and chief growth officer.

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Intel Resolves Antisemitism Lawsuit, Case Is Dismissed

Insurance Journal

A Jewish former employee of Intel has resolved his lawsuit accusing the chipmaker of firing him after he complained about an openly antisemitic supervisor, the former employee’s lawyer said on Thursday.

Liability 147
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Pro-Russian Hackers Attack Italian Websites After President’s Comments About Ukraine

Insurance Journal

A pro-Russian hacker group attacked Italian government websites on Tuesday [Feb. 18] in what it said was a reaction to a speech by Italian President Sergio Mattarella that compared Russia’s invasion of Ukraine to the Nazis ‘ “wars of conquest.

Cyber 147
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India Insurers Look to Hike Health Premiums as Pollution Stings

Insurance Journal

Indian insurers are considering making New Delhi residents pay 10% to 15% more for new health policies after an extraordinary spike in claims related to air pollution in 2024 in India’s capital, according to nine executives aware of the matter.

Premium 147
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Hawaii’s Kilauea Again Spewing Lava in Its 10th Episode

Insurance Journal

Kilauea volcano began shooting lava into the air once again on the Big Island of Hawaii.

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Texas Bill Would Allow Vacant Offices to be Converted Into Dwellings

Insurance Journal

As Texas’ major urban areas grapple with a glut of vacant offices, state lawmakers may make it easier to transform empty office and commercial space into dwellings. A bill by state Sen.

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Climate Goals Still Make Business Sense, Rio Tinto CEO Says

Insurance Journal

Rio Tinto Group, the world’s second-largest mining company and a major polluter, came out in support of corporate efforts to curb emissions, insisting that pursuing green targets can add value.

Policy 214