Insurance Journal
DECEMBER 4, 2024
Executive Summary: With over 70% of insurers planning to deploy gen-AI tools over the next two years, AI promises much, and the keen adopters likely will be rewarded – but it’s a path that must be navigated carefully, keeping a …
Redbird Agents
DECEMBER 4, 2024
Redbird Training - We offer live Redbird training classes for Producers every Tuesday and Thursday. Lookup Your NPN Here. Everything Insurance Agents Need to Know About the National Producer Number (NPN) If you’re an insurance agent, broker, or adjuster, your National Producer Number (NPN) is a critical identifier in your professional journey. This unique number ties your licensing credentials to your records nationwide, simplifying compliance and connecting you with your state’s department of i
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Insurance Journal
DECEMBER 4, 2024
The UnitedHealth Group Inc. executive who was fatally shot in New York on Wednesday morning had no personal security detail, a circumstance that could prompt swift changes inside corporate boardrooms, especially as the global political environment grows more unstable.
Property Insurance Coverage Law
DECEMBER 4, 2024
Insurance policies are like a box of chocolates—you never quite know what you’re going to get. Or, in the case of Billings Clinic v. Zurich American Insurance Company, 1 maybe you do, but the label on the box has you scratching your head. You might think Zurich American Insurance Company is the insurer after reading … The post Who Is the Insurer?
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Insurance Journal
DECEMBER 4, 2024
Growth in net earned premiums outpaced a slight increase in losses and loss adjustment expenses to result in the U.S. property/casualty industry posting a nine-month 2024 underwriting profit of $4.1 billion versus a loss of $32.1 billion last year.
Splash: Finance and Insurance
DECEMBER 4, 2024
Idan Ofer has unveiled a new ship leasing arm in Singapore. Dynamis Capital has been created by Quantum Pacific, Ofer’s holding company, having just bought Fleetscape Capital from Oaktree Capital Management, a division that has a fleet of around 25 ships. Fredrik Ulstein and Kaizad Doctor, previously with Oaktree, have transitioned to lead Dynamis.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Wren Insurance Agency
DECEMBER 4, 2024
In November, Florida CFO Jimmy Patronis announced the new "My Safe Florida Condo" pilot program, meant to somewhat mirror the "My Safe Florida Home" program that currently provides free hurricane mitigation inspections and limited grants for storm protection-based home improvements that may help reduce condo insurance costs. With "My Safe Florida Condo," association boards and property managers are the beneficiaries of the free inspections and grant funds that may assist in lowering wind insuran
Insurance Journal
DECEMBER 4, 2024
Brian Thompson, a longtime UnitedHealth Group Inc. executive, was fatally shot in midtown Manhattan early Wednesday morning, the New York Police Department said. Thompson, 50, was shot in the chest before 7 a.m.
Triple-I: Homeowners Insurance
DECEMBER 4, 2024
The need for collective action to address the property/casualty risk crisis was a recurring theme throughout Triple-I’s Joint Industry Forum in Miami – particularly during the panel on climate risk and resilience. The discussion focused heavily on what’s currently being done to address this evolving area of peril. The panel, moderated by Veronika Torarp – a partner in PwC Strategy’s insurance practice – consisted of subject-matter experts representing a cross section of natural perils, fr
Insurance Journal
DECEMBER 4, 2024
SAVANNAH, Ga. (AP) — A judge has thrown out a lawsuit by a Georgia gun owner who sought to challenge a Savannah city ordinance that imposes fines and potential jail time for people who leave firearms inside unlocked cars.
R&R Insurance
DECEMBER 4, 2024
December is Seasonal Affective Disorder Awareness Month. This disorder, also known as S.A.D., is a type of depression that is linked to seasonal changes, particularly the reduction in daylight hours during the fall and winter. Most individuals with S.A.D. experience symptoms starting in the fall that persist into the winter months, causing them to feel more moody, lethargic, and generally less interested in activities they usually enjoy.
Insurance Journal
DECEMBER 4, 2024
Snow continued to fall Monday around parts of the Great Lakes region, where storm-weary residents who have plowed and shoveled for days faced the prospect of even greater accumulations.
Mark Jackson Insurance Agency
DECEMBER 4, 2024
Car parked at night by InstaWalli Car theft is a frustrating and costly experience that affects thousands of vehicle owners each year. While most modern cars come equipped with advanced anti-theft features, thieves are becoming more sophisticated, making it essential to take proactive steps to safeguard your vehicle. Here are some practical tips to protect your car from being stolen and how the right auto insurance policy can provide an added layer of protection in case you fall victim to auto t
Insurance Journal
DECEMBER 4, 2024
Arizona Department of Insurance Director Barbara D. Richardson has created a Resiliency and Mitigation Council that plans to examine the availability and affordability of homeowners insurance in forested and wildland-urban interface (WUI) areas of Arizona.
Elmore
DECEMBER 4, 2024
Key investors say they support Direct Line’s decision not to engage with its larger rival The post Top Direct Line shareholders hold out for higher Aviva bid appeared first on Elmore Insurance Brokers.
Insurance Journal
DECEMBER 4, 2024
The Fortegra Group Inc., the Jacksonville, Florida-based specialty insurer and subsidiary of Tiptree Inc., announced it has received regulatory approval to launch a UK subsidiary, called Fortegra Insurance Company UK.
TGS
DECEMBER 4, 2024
TGS Insurance » Blog Christmas Tree Safety: Keeping Your Holiday Bright, Not Hazardous Ah, Christmas—the season of twinkling lights, festive cheer, and the iconic Christmas tree standing proudly in the center of your home. But while that evergreen beauty might steal the show, it’s essential to remember that natural and artificial Christmas trees can pose significant fire hazards if not handled carefully.
Insurance Journal
DECEMBER 4, 2024
Verlingue, the Quimper, France-based insurance broker and subsidiary of the Adelaïde Group, announced it has acquired ProConseils Solutions, a major player in the insurance brokerage market in French-speaking Switzerland. Financial details of the deal were not disclosed.
Elmore
DECEMBER 4, 2024
Sector left reeling by court ruling on commissions to car dealers The post Lloyds boss warns of UK ‘investability problem’ after motor finance ruling appeared first on Elmore Insurance Brokers.
Insurance Journal
DECEMBER 4, 2024
Aon Names O’Connell as Global Cyber Strategy and Growth Leader Aon plc named Robert O’Connell as global cyber strategy and growth leader, executive managing director, within its Reinsurance Solutions business. O’Connell will be based in New York.
Distinguished
DECEMBER 4, 2024
NEW YORK – Distinguished Programs, a leading insurance program manager, has announced an increase in its Fine Art & Collectibles program capacity to $125 million for single risks in the United States, effective now. This expansion from the current $100 million capacity highlights Distinguished’s dedication to offering brokers and their clients enhanced coverage options to meet evolving market demands.
Insurance Journal
DECEMBER 4, 2024
Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused the retailer of deceiving shareholders after its sales of LGBTQ-themed merchandise for Pride Month sparked a backlash and a customer boycott. U.S.
Agency Height
DECEMBER 4, 2024
Does car insurance cover battery replacement?
Insurance Journal
DECEMBER 4, 2024
The last thing John and Jenny Mackenzie saw as they fled their Vermont home with their daughters, dog and two guinea pigs last summer was their cars upended and propelled away by rushing flood waters.
LexisNexis
DECEMBER 4, 2024
LexisNexis has selected some recently issued noteworthy IMR decisions that illustrate the criteria that must be met to obtain authorization for a variety of different medical treatment modalities. LexisNexis Commentary for each selected IMR is provided below. Many of these IMR decisions were reprinted in California Compensation Cases , which can be accessed on Lexis+.
Insurance Journal
DECEMBER 4, 2024
A technology issue at Alaska Airlines resulted in the temporary grounding of flights in Seattle on Monday morning and problems into the afternoon for people trying to book flights on its website, the airline said.
CDC: Workers Compensation
DECEMBER 4, 2024
Back injuries are one of the most common concerns to workers across numerous industries and occupations. These injuries resulted in 250,830 days away from work from 2021-2022. According to the Bureau of Labor Statistics (BLS), back injury cases accounted for about 40% of all work-related musculoskeletal disorders (MSDs) involving days away from work.
Insurance Journal
DECEMBER 4, 2024
Claim frequency in California workers’ compensation remains significantly higher in the Los Angeles Basin than in the northern part of the state, a new study shows.
Insurance Journal
DECEMBER 4, 2024
Brecht & Associates announced the promotion of Jennifer Brecht to president and COO. Brecht has held various leadership positions, most recently as vice president of finance and marketing.
Insurance Journal
DECEMBER 4, 2024
Diane Moss lost her home in the Santa Monica Mountains after power lines ignited the apocalyptic Woolsey Fire in 2018. Since then, she’s pressed for a safer electric grid in California.
Insurance Journal
DECEMBER 4, 2024
Upland Capital Group announced it is expanding into a new market with the introduction of a Product Recall product to its portfolio.
Insurance Journal
DECEMBER 4, 2024
EPIC Insurance Brokers & Consultants announced an expansion of its expertise in specialized areas with the addition of three new professionals in the Midwest.
Insurance Journal
DECEMBER 4, 2024
This edition of International People Moves details resignations and appointments at two insurers — Everest Group and Tokio Marine Kiln — and the managing general agent Coalition. A summary of these new hires follows here.
Insurance Journal
DECEMBER 4, 2024
Mexico’s state-run oil company, facing heightened scrutiny over a string of deadly accidents at its facilities, set an ambitious goal early this year: No more fatalities.
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