Fri.Jan 03, 2025

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New Orleans Barriers to Prevent Vehicle Attacks Were in the Process of Being Replaced

Insurance Journal

NEW ORLEANS (AP) Seven years ago, New Orleans officials began installing adjustable barriers at intersections in the famed French Quarter to temporarily prevent vehicles from entering the tourist area where the narrow streets are typically teeming with pedestrians every …

Risk 286
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Are Appraisals Adjustments? What Exactly is AUP Adjusting?

Property Insurance Coverage Law

The Insurance Journal published an article,For AUP in Claims, Objectivity and Training Expertise is Key,by a Sedgwick executive regarding an insurance term I was not familiar with: Appraisal Under Policy (AUP). No insurance treatise or dictionary of insurance terms provided a definition. It was obvious from reading the article that the author was referring to … The post Are Appraisals Adjustments?

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Colorado Governor Wants to Privatize State’s Workers’ Comp Carrier

Insurance Journal

Colorado Gov. Jared Polis wants to spin off the state’s stake in Pinnacol Assurance, privatizing the workers’ compensation carrier of last resort to help it make more money and plug government budget holes.

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Understanding the Impact of Inflation on Senior Living and Retirement Savings

P&L Financial Services

Inflation is a reality that affects everyone, but for seniors and those planning for retirement, its impact can be particularly significant. As insurance agents, understanding how inflation affects senior living expenses and retirement savings is crucial. This knowledge helps you provide better guidance to your clients and strengthens your value as a trusted advisor.

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State High Court Nixes Policy Cancellation Over ‘Ambiguous’ Communications

Insurance Journal

An insurer failed to properly cancel a workers’ compensation policy because its multiple notices and other conduct were not “definite, certain, and unambiguous” as to the status of the coverage. As a result, Ace America Insurance Co.

Policy 278
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Blog Post: CBP Notice: CNMI EVS-TAP (Advance Copy)

LexisNexis

This document is scheduled to be published in the Federal Register on 01/06/2025 "This document announces the implementation of the Commonwealth of the Northern Mariana Islands (CNMI) Economic Vitality & Security Travel Authorization Program (EVS-TAP). The CNMI EVS-TAP is a restricted sub-program of the Guam-CNMI Visa Waiver Program and allows prescreened nationals of the Peoples Republic of China to travel to the CNMI without a visa under specified conditions.

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Blog Post: ICE Final Rule: Immigration Bond Notifications (Advance Copy)

LexisNexis

This document is scheduled to be published in the Federal Register on 01/06/2025 "On August 8, 2023, DHS issued an interim final rule which amended the regulations to authorize ICE to serve bond-related notices to obligors electronically. The rule allowed DHS to electronically serve demand and other immigration bond notices for delivery, order of supervision, or voluntary departure bonds to obligors who consent to electronic service.

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Campbell Named Acting Director of Missouri Department of Commerce and Insurance

Insurance Journal

Governor Mike Parson announced that Mick Campbell will take over as the Acting Director of the Department of Commerce and Insurance (DCI) effective January 1, 2025. Campbell currently serves as the Commissioner of Finance for DCI.

Insurance 264
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Blog Post: January 2025 PERM Tip: The Problem of Evolving Job Descriptions

LexisNexis

BIB Daily presents bimonthly PERM practice tips from Ron Wada , member of the Editorial Board for Benders Immigration Bulletin and author of the 10+ year series of BALCA review articles, Shaping the Future of PERM. Questions or comments may be sent to Ron at ron.wada@tandslaw.com. A fundamental reality of modern jobs is that they are constantly evolving.

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Rescuers Describe Scene at a Hawaii Home After Deadly Fireworks Blast

Insurance Journal

Emergency crews arrived to a chaotic and gruesome scene in a Honolulu neighborhood after a large New Year’s firework tipped over after being lit and ignited a fiery, shrapnel-studded blast that killed three people and injured more than 20 others, …

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The Benefits of Health Savings Accounts (HSAs)

Boyle Agency Insurance

Rising healthcare costs continue to be a concern for individuals and families across the United States. In this era of increasing medical expenses, having a financial tool that can help you manage healthcare costs while providing comprehensive health insurance coverage is invaluable. Enter the Health Savings Account (HSA). Understanding Health Savings Accounts A Health Savings Account, or HSA, is a powerful financial tool that has gained popularity for its ability to assist individuals and famil

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Finland Power Grid Operator Asks Court to Seize Oil Tanker Over Cable Damage

Insurance Journal

Finland’s national power grid operator said on Thursday it had asked a Helsinki court to seize the Eagle S oil tanker in a bid to secure the company’s claim for damages related to the breakdown of the undersea Estlink 2 …

Damage 264
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How sunsetting ARP’s subsidy enhancements would affect ACA subsidy amounts

Healthinsurance.org

In this article How have ARPs subsidy enhancements affected eligibility for Marketplace premiums? ACA subsidy rules prior to ARP Temporary subsidy enhancements under the ARP and IRA Subsidies disappear for people with household incomes over 400% FPL For everyone else, subsidies would get smaller Will the subsidy enhancements sunset? What will happen to Marketplace health insurance subsidy availability and subsidy size when the subsidy enhancements instituted under the American Rescue Plan (ARP

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South Carolina Leads Country in People Moving in, U-Haul Says

Insurance Journal

U-Haul, one of the best-known providers of trucks, vans and moving supplies, also tracks where that equipment is being used. And in 2024, Southeastern states led the nation, with South Carolina ranking as the state with largest number of customers.

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People Moves: Fairfax Insurance Names Young as President, Barnard as Chair; Acrisure Appoints Industry Veteran Reith as Exec Chair of MGA Unit Volante

Insurance Journal

This edition of International People Moves details at Fairfax Insurance Group and Acrisure’s Volante. A summary of these new hires follows here. Fairfax Insurance Group Names Young as President, Barnard as Chair Fairfax Financial Holdings Ltd.

Insurance 264
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Uber Not Liable: Driver Was Not Logged in at Time of Accident, Florida Court Says

Insurance Journal

A Florida man may have been an occasional driver for Uber, the ride-hailing company, but he was not working at the time that he struck and killed his former girlfriend, and Uber is not liable for the wrongful death, a …

Insurance 263
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FBI Says New Orleans, Vegas Attacks Don’t Appear Coordinated

Insurance Journal

Investigators say they haven’t found evidence linking separate deadly attacks in New Orleans and Las Vegas, as the FBI continues to probe two incidents that rattled Americans as they rang in 2025.

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Sanford Health to Pay $220K in Back Wages and Damages

Insurance Journal

The Minnesota Department of Labor and Industry (DLI) announced it has entered into a consent order with medical clinic Sanford to require that it comply with Minnesota laws that provide pregnant employees with reasonable workplace accommodations and pregnancy and parental …

Damage 259
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Europe Braces for Snow and Ice With UK Facing Amber Warnings

Insurance Journal

Northern Europe is facing freezing temperatures and snow, boosting heating demand and putting more pressure on the region’s depleting gas inventories.

Risk 147
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First Supertanker to Be Scrapped in Two Years Is a Dark Ship

Insurance Journal

The Amor, a Cameroon-flagged vessel known to have transported Iranian oil, has become the first supertanker to be registered for demolition in more than two years, a sign that increased scrutiny on ships hauling sanctioned crude is raising pressure on …

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A $24 Billion Fund Puts Its Religious Stamp on Corporate America

Insurance Journal

Jim Lake, a devout Christian in Washington state, said his religious beliefs have always made him opposed to practices such as abortion, transgender transitions or embryonic stem cell research.

Risk 298
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Biden to Ban More Offshore Oil Drilling Before Trump Arrives

Insurance Journal

President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US coastal waters, locking in difficult-to-revoke protections during his final weeks in the White House.