AI Focal Point of Cybersecurity Outlook for 2025, Says Experian
Insurance Journal
DECEMBER 17, 2024
Artificial intelligence is at the center of Experian’s annual breach forecast due to its enabling capabilities.
Tue.Dec 17, 2024
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When is a Collapse Not a Collapse? The Importance of Proving Damages for Partial Losses
Property Insurance Coverage Law
DECEMBER 17, 2024
Collapse cases and collapse coverage are often complex. A recent builders risk insurance dispute out of Tennessee 1 involving collapse caught my attention because of the opening facts recited by the court: How many fallen bricks does a collapse make? Parties can contract to answer that question however they want. Here, Tahini Main Street and … The post When is a Collapse Not a Collapse?
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TWIA Anticipates Higher Reinsurance Spending in 2025
Insurance Journal
DECEMBER 17, 2024
The Texas Windstorm Insurance Association expects to spend more on reinsurance in 2025 to account for projected policy count and exposure growth and losses to the association’s catastrophe reserve trust fund (CRTF) arising from Hurricane Beryl.
9 Types of Insurance for Food TrucksÂ
Central Insurance
DECEMBER 17, 2024
Running a food truck comes with unique risks. Learn about the essential insurance coverages to protect your business from unexpected events. The post 9 Types of Insurance for Food Trucks appeared first on Central Insurance Blog.
Streamline Insurance Claims Management By Analyzing Legal Trends
Advertiser: Trellis
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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Troubled New York Taxi Insurer Sues 180 Providers in Huge No-Fault Fraud Case
Insurance Journal
DECEMBER 17, 2024
New York’s largest taxi insurer that is facing serious financial and regulatory challenges has filed a lawsuit seeking more than $450 million against medical providers it alleges have been part of a huge fraud scheme that takes advantage of the …
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ConnectUW Holdings Opens for Business at Lloyd’s
Insurance Journal
DECEMBER 17, 2024
ConnectUW Holdings, the parent company of Connect Underwriting and other specialist reinsurance MGAs, announced it will take ownership of Lloyd’s box number 356 from Dec. 23, 2024.
Blog Post: The Deportation of American Citizens Has Begun (Again)
LexisNexis
DECEMBER 17, 2024
[It's been happening for decades; this is just the most recent example.] Cory McCord, KHOU, Dec. 16, 2024 "A Houston man is fighting back after they said Immigration and Customs Enforcement Agency agents unexpectedly deported his wife and four children last week. It happened on Wednesday, Dec. 11, according to attorneys. Federico Arellano Jr. was there when ICE took his wife and children.
People Moves: Spot Insurance Names Hamann as CEO
Insurance Journal
DECEMBER 17, 2024
Spot Insurance, headquartered in Austin, Texas, appointed Joel Hamann as CEO. Hamann joined Spot in 2021 and most recently served as vice president of finance. He previously served as director of finance, technology and several other roles at Kohl’s Corporation.
Happy Holidays From Distinguished’s Environmental & Construction Professional Team
Distinguished
DECEMBER 17, 2024
From all of us at Distinguished, we wish you a joyful and safe holiday season. Thank you for your continued support and partnershipyour trust means so much to us. We’re excited to see what 2025 will bring! This holiday season, our team across the country gathered for festive celebrations and volunteering. In San Francisco, the team enjoyed a delightful dim sum luncheon before heading to the historic Royal Exchange for drinks and a lively white elephant gift exchange.
Becton Dickinson to Pay $175 Million to Settle SEC Probe
Insurance Journal
DECEMBER 17, 2024
Becton, Dickinson & Co. has agreed to a $175 million fine over Securities and Exchange Commission claims it repeatedly misled investors about one of its most important products.
Happy Holidays From Distinguished’s Environmental & Construction Professional Team
Distinguished
DECEMBER 17, 2024
From all of us at Distinguished, we wish you a joyful and safe holiday season. Thank you for your continued support and partnershipyour trust means so much to us. We’re excited to see what 2025 will bring! This holiday season, our team across the country gathered for festive celebrations and volunteering. In San Francisco, the team enjoyed a delightful dim sum luncheon before heading to the historic Royal Exchange for drinks and a lively white elephant gift exchange.
People Moves: Arch Insurance Taps Symenouh From Tokio Marine as Senior Cyber Underwriter; Chubb Promotes Latter to Lead Claims for Overseas General Insurance
Insurance Journal
DECEMBER 17, 2024
This edition of International People Moves details appointments at Arch Insurance and Chubb Overseas General. A summary of these new hires follows here.
Top Home Insurance Tips for New Homeowners in Snowy ClimatesÂ
Freeway Insurance
DECEMBER 17, 2024
When winter weather rolls into town, that means one thing for homeowners: an increased risk of weather-related damage. To limit the impact of harsh, freezing temperatures and blustering blizzards, its important to understand some basic snow home maintenance to avoid having to make a costly homeowners insurance claim. By going through a basic winter home maintenance checklist each year before temperatures drop, you can keep your home in tip-top condition and ensure your homeowners policy gives yo
DAC Beachcroft Expanding Into US With 2 New Offices
Insurance Journal
DECEMBER 17, 2024
Law firm DAC Beachcroft said it is expanding into the U.S. with offices in New York and Los Angeles. Insurance specialists Lawrence Klein and Gilbert Lee will join UK-based DACB as partners from law firm Robinson+Cole.
Why Every ACA Insurance Agent Needs HealthSherpa
PSM Brokerage
DECEMBER 17, 2024
If youre an ACA agent looking to streamline your sales, reduce headaches, and boost your productivity, youve probably heard about HealthSherpa. But whats all the fuss about? Is it just another tool promising to make your life easier, or is this the real deal? Spoiler alert: its the real deal. HealthSherpa is the ultimate enrollment platform built specifically for ACA agents to save time, simplify enrollments, and make closing sales easier than ever.
Toyota to Add $922M Paint Facility at Large Kentucky Complex
Insurance Journal
DECEMBER 17, 2024
GEORGETOWN, Ky.
Luigi Mangione charged with first-degree murder in UnitedHealthcare killing
Elmore
DECEMBER 17, 2024
Indictment alleges Brian Thompsons slaying was in furtherance of terrorism The post Luigi Mangione charged with first-degree murder in UnitedHealthcare killing appeared first on Elmore Insurance Brokers.
Baltic Sea Countries to Start Checking Insurance Status of Tankers Moving Russian Oil
Insurance Journal
DECEMBER 17, 2024
Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the world by asking to see how they’re protected against oil spills and other high-cost claims.
Happy Holidays From Distinguished’s Environmental & Construction Professional Team
Distinguished
DECEMBER 17, 2024
From all of us at Distinguished, we wish you a joyful and safe holiday season. Thank you for your continued support and partnershipyour trust means so much to us. We’re excited to see what 2025 will bring! This holiday season, our team across the country gathered for festive celebrations and volunteering. In San Francisco, the team enjoyed a delightful dim sum luncheon before heading to the historic Royal Exchange for drinks and a lively white elephant gift exchange.
Trucordia Acquires Virginia’s Richard King Agency
Insurance Journal
DECEMBER 17, 2024
Insurance brokerage Trucordia reports that its most recent acquisition is the Richard King Insurance Agency, a family-owned brokerage firm in Powhatan, Virginia.
ACA Subsidy Calculator
PSM Brokerage
DECEMBER 17, 2024
How It Works and Why Its a Game-Changer for Health Insurance Agents What Is an ACA Subsidy Calculator? Navigating the Affordable Care Act (ACA) marketplace can be complex for both agents and clients, especially when it comes to determining premium subsidies. An ACA subsidy calculator simplifies this process by providing accurate estimates of how much financial assistance a client may qualify for to lower their monthly health insurance premiums.
Massachusetts Weighs Workers’ Comp Rate Hike to Correct for ‘Excessive’ 2024 Cut
Insurance Journal
DECEMBER 17, 2024
Massachusetts workers’ compensation insurers have filed for a 7.1% increase in average rates for industrial classes beginning July 1, 2025 the first rate increase since 2016. Why an increase in 2025?
Consumer-Initiated Inbound Calls—Your Key To Agency Growth In 2025?
EverQuote
DECEMBER 17, 2024
Tired of dialing leads all day? Change up the game and have interested customers dial you with consumer-initiated inbound calls.
Can Comp-Exempt Sub Owner Sue Contractor for Work Injury? Miss. Court Says ‘No’
Insurance Journal
DECEMBER 17, 2024
It’s a question that has cropped up in state courts only on rare occasions: If the owner or officer of a subcontractor firm opts out of workers’ compensation coverage for himself, can he then sue the general contractor for negligence …
Blog Post: Lawyer Software Implementation Best Practice For Legal Operations Manager
LexisNexis
DECEMBER 17, 2024
Procurement of lawyer software solutions in the legal department requires more than just saying yes to the buy. Theres a process that adds a success bow to the lawyer software customer experience beyond the immediate horizon. A legal operations manager often leads the hands-on purchase decision and works with the procurement department and the chief legal officer or general counsel to ensure that the lawyer software selected is the right fit.
Ex-West Virginia School System Official Charged With Stealing $3.4 Million
Insurance Journal
DECEMBER 17, 2024
CHARLESTON, W.Va. (AP) A former maintenance director of a southern West Virginia county school system was charged in a scheme to steal about $3.4 million from a local board of education.
Two interim reports from MAIB on fishing vessel accidents
Insurance Marine News
DECEMBER 17, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Two interim reports from MAIB on fishing vessel accidents appeared first on Insurance Marine News.
Amazon Ignored Its Own Worker Safety Studies, Senate Report Says
Insurance Journal
DECEMBER 17, 2024
Amazon.com Inc. leaders rejected internal recommendations that the company relax warehouse worker productivity rates to curb injuries, according to a report from a congressional committee.
Significant port cost miscalculation led to a six-figure loss
Insurance Marine News
DECEMBER 17, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Significant port cost miscalculation led to a six-figure loss appeared first on Insurance Marine News.
Missouri Insurance Director Lindley-Myers to Retire at End of Year
Insurance Journal
DECEMBER 17, 2024
Missouri Department of Commerce and Insurance (DCI) Director will retire at the end of the year, Missouri Governor Mike Parson announced.
Maersk bullish on global trade in 2025
Insurance Marine News
DECEMBER 17, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Maersk bullish on global trade in 2025 appeared first on Insurance Marine News.
PointeNorth Expands in Southeast With Acquisition of Georgia Agency
Insurance Journal
DECEMBER 17, 2024
Atlanta-based PointeNorth Insurance Group, a broker and agency specializing in commercial insurance, including transportation, construction and condominium coverage, has continued its rapid pace of growth with the addition of another Georgia agency.
Temporary end of the line for Geo Barents migrant rescues
Insurance Marine News
DECEMBER 17, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Temporary end of the line for Geo Barents migrant rescues appeared first on Insurance Marine News.
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