Insurance Journal
SEPTEMBER 23, 2024
The FBI has disrupted a group of hackers working at the direction of the Chinese government who targeted universities, government agencies and other organizations, Director Chris Wray said last week.
Solstice Insurance Broker
SEPTEMBER 23, 2024
Options, options, options. Whether it’s having over 30 different brands of toothpaste to choose from, or hundreds of cable channels, consumers have choices. This also applies to employer groups. They have a lot of options when it comes to choosing which broker they partner with; so, why should they choose you? The key is knowing how to successfully build and maintain relationships with clients , where they know that their needs are your priority.
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Insurance Journal
SEPTEMBER 23, 2024
The maker of the popular party game Cards Against Humanity is accusing Elon Musk’s SpaceX of trespassing on and damaging a plot of vacant land the company owns in Texas.
Property Insurance Coverage Law
SEPTEMBER 23, 2024
Timely payment of an appraisal award should not be a “Get Out of Jail Free Card” for an insurer guilty of bad faith claims conduct. A federal court in Louisiana recently denied most of an insurer’s motion for summary judgment in a bad faith case arising from a disputed winter storm damage claim. 1 The … The post Timely Payment of an Appraisal Award Does Not Mean the Claim Was Handled in Good Faith appeared first on Property Insurance Coverage Law Blog.
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Insurance Journal
SEPTEMBER 23, 2024
A Mercedes-Benz electric vehicle that burst into flames in the South Korean city of Incheon has fueled public fear over the safety of battery-powered cars in recent months.
The Property Insurance Law Observer
SEPTEMBER 23, 2024
In AMAG Pharmaceuticals, Inc. v. American Guarantee and Liability Insurance Company , the United States District Court for the District of Massachusetts held that a loose bolt or fitting that could be remedied simply by tightening it did not constitute “direct physical loss of or damage” to equipment covered under an all-risk property insurance policy. [1] Background The insured, a pharmaceutical company that owned the rights to a particular drug, contracted with a third-party supplier to manufa
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Property Insurance Coverage Law
SEPTEMBER 23, 2024
Knowing exactly what hazard insurance is (and isn’t) can help protect you financially during a crisis. So, how does hazard insurance work exactly? Let’s break it down. Key Takeaways: Hazard insurance refers to the part of a homeowners policy that covers damage to the structure. Potential sources of damage include fire, lightning, hail, and windstorms. … The post What Is Hazard Insurance for Homeowners and What Does It Cover?
Insurance Journal
SEPTEMBER 23, 2024
The US Gulf Coast from Mississippi to the Florida Panhandle is at risk of a hurricane strike by the end of the week as a patch of turbulent weather in the Atlantic becomes more organized.
Cowbell
SEPTEMBER 23, 2024
National Insider Threat Awareness Month (NITAM) is observed every September and is a collaboration between U.S. federal agencies and industry organizations to educate and emphasize the importance of detecting, deterring, and reporting insider threats. The goal is to raise awareness of the risks posed by ‘insiders,’ and provide strategies, tools, and resources to identify and mitigate these threats.
Insurance Journal
SEPTEMBER 23, 2024
Federal agents on Saturday boarded a vessel managed by the same company as a cargo ship that caused the deadly Baltimore bridge collapse, the FBI confirmed. In statements, spokespeople for the FBI and the U.S.
AMAXX
SEPTEMBER 23, 2024
When it comes to calculating workers’ compensation premiums, two critical factors play a significant role: the frequency and severity of claims. These metrics are fundamental in determining the experience modification factor (often called “mod”), which ultimately influences the cost an employer will pay for workers’ compensation insurance.
Insurance Journal
SEPTEMBER 23, 2024
The majority of Washington and Oregon (82%) have some level of concern about growing wildfire dangers, but only about one-in-four are taking precautions to combat the impacts of smoky air or fire before it becomes an immediate threat, a new …
Word & Brown
SEPTEMBER 23, 2024
Building and maintaining strong relationships with prospects and clients is crucial for your business’s success. These connections foster trust and loyalty while creating opportunities for collaboration and feedback. By engaging with clients and understanding their needs, you can tailor your services to better meet their expectations, leading to increased satisfaction and long-term partnerships.
Insurance Journal
SEPTEMBER 23, 2024
GULFPORT, Miss. (AP) — A federal judge has dismissed a lawsuit that sought to protect dolphins along the Mississippi Gulf Coast after dozens were killed or sickened in 2019 following the prolonged opening of a spillway used for flood control.
LexisNexis
SEPTEMBER 23, 2024
FOR THE SECOND YEAR IN A ROW, a student group of aspiring attorneys from Chicago’s Legal Prep Charter Academy took first place in an annual mock trial competition held at the specialized high school. The winning team of dedicated students was coached by attorneys from LexisNexis and Crowell & Moring. The students worked tirelessly this year to master the fact pattern, create their trial strategy, and nail their arguments to secure the win.
Insurance Journal
SEPTEMBER 23, 2024
Stuart and Tonya Junker loved their quiet neighborhood near South Dakota’s Black Hills — until the earth began collapsing around them, leaving them wondering if their home could tumble into a gaping hole.
LexisNexis
SEPTEMBER 23, 2024
By: Chad A. Landmon and Suzanne E. Bassett , POLSINELLI PC THIS ARTICLE PROVIDES GUIDANCE ON THE IMPACT of the U.S. Supreme Court’s recent decisions in Loper Bright 1 and Corner Post 2 on decision-making by the U.S. Food and Drug Administration (FDA). By Overruling Chevron 3 deference to statutory interpretations made by federal agencies, the Supreme Court has likely opened the floodgates for legal challenges to regulations promulgated by the FDA and to final decisions rendered by the FDA.
Insurance Journal
SEPTEMBER 23, 2024
A-G Specialty Insurance, a brokerage specializing in coverage for niche industries, is expanding its reach in the amateur sports world with the acquisition of eSportsInsurance, based in Lilburn, Georgia.
LexisNexis
SEPTEMBER 23, 2024
By: Jeffrey D. Mamorsky , COHEN & BUCKMANN, P.C. THIS VIDEO SERIES CELEBRATES THE ENACTMENT of the Employee Retirement Income Security Act (ERISA), signed by President Gerald Ford on September 2, 1974, and generally effective for plan years starting on or after January 1, 1976. 1 The law established minimum standards for most voluntarily established retirement and health plans in private industry.
Insurance Journal
SEPTEMBER 23, 2024
Johnson & Johnson’s third effort to end lawsuits claiming its baby powder caused thousands of women to get cancer should be dismissed because it violates US Supreme Court precedent and twists the purpose of the American bankruptcy system, holdout creditors …
LexisNexis
SEPTEMBER 23, 2024
By: Kirk A. Sigmon , BANNER WITCOFF THIS CHECKLIST OUTLINES KEY CONSIDERATIONS THAT ATTORNEYS should review when advising whether and how to copyright artificial intelligence (AI) and machine learning (ML)-generated works in the United States. The checklist provides a framework for documentation of human involvement in the creative process of an AI-generated work and for the preparation of a copyright application.
Insurance Journal
SEPTEMBER 23, 2024
The Florida Surplus Lines Association, which notes it provides a safety valve for Florida’s property insurance industry, named new officers for 2024-2025 at its recent annual convention in Tampa.
LexisNexis
SEPTEMBER 23, 2024
By: Damon W. Silver , Gregory C. Brown, Jr. , and Cindy Huang , JACKSON LEWIS P.C. Overview of Artificial Intelligence (AI) in Employment Decisions AI tools are fundamentally changing how people work. Tasks that used to be painstaking and time-consuming can now be completed near-instantaneously with the assistance of AI. Organizations of various sizes and across an array of industries have begun leveraging the benefits of AI to improve their hiring and performance management processes.
Insurance Journal
SEPTEMBER 23, 2024
Methane releases from some of the world’s major fossil fuel hubs are continuing to rise, as key polluters make little progress on pledges to curb the potent greenhouse gas.
LexisNexis
SEPTEMBER 23, 2024
Review this exciting guide to some of the recent content additions to Practical Guidance, designed to help you find the tools and insights you need to work more efficiently and effectively. Practical Guidance Customers please follow this link for recent updates and this link for the latest additions. Not yet a Practical Guidance Subscriber? Sign up for a FREE seven-day trial here to access the featured content linked below and in this guide.
Insurance Journal
SEPTEMBER 23, 2024
This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and QBE Iberia. A summary of these new hires follows here.
LexisNexis
SEPTEMBER 23, 2024
By: Erin Hanson , Arlene Arin Hahn , Sahra Nizipli , and Jordan Hill , WHITE & CASE LLP THIS ARTICLE SUMMARIZES VARIOUS INTELLECTUAL PROPERTY AND TECHNOLOGY (IP/IT) PROVISIONS, including sample definitions and representations and warranties, for attorneys to consider when representing the acquirer of an artificial intelligence (AI) business. For purposes of this article, an "AI business" is a business where AI, particularly generative AI (GenAI), comprises (or is a core component o
Insurance Journal
SEPTEMBER 23, 2024
CAC Group acquired Media Guarantors in Hollywood, California. Janet Comenos will assume the role of entertainment practice leader at CAC Group. Fred Milstein, president and CEO of Media Guarantors, will continue to lead the firm under the new structure.
LexisNexis
SEPTEMBER 23, 2024
LexisNexis® CounselLink® is pleased to announce a new feature, powered by the Lex Machina® Legal Analytics® engine, to help general counsels identify the most appropriate outside attorneys and law firms to meet their litigation needs. Outside Counsel Selector, now accessible through CounselLink, is available to existing CounselLink customers as part of a commercial preview running through the end of 2024.
Insurance Journal
SEPTEMBER 23, 2024
MASSAPEQUA, N.Y. (AP) — A police pursuit that began in New York City ended on Long Island with the shooting death of the driver, and seven police officers and a civilian taken to hospitals for treatment, police said.
ProWriters
SEPTEMBER 23, 2024
Employees today are keenly aware of their rights and quick to take action when they believe employers violate those rights. In FY 2023 alone, the U.S. Equal Employment Opportunity Commission (EEOC): Received 81,055 new discrimination charges (a 10.3% increase over FY 2022). Filed 143 new lawsuits on employees’ behalf (a greater than 50% increase). Obtained more than $22.6 million for individuals in litigation.
Insurance Journal
SEPTEMBER 23, 2024
A California Department of Forestry and Fire Protection employee was arrested on suspicion he started five brush fires in Northern California in recent weeks, officials said.
LexisNexis
SEPTEMBER 23, 2024
Cyrus Mehta, Sept. 23, 2024 "When the Administrative Appeals Office (AAO) designated Matter of Z-A- Inc. as an “Adopted Decision” in 2016 it was seen as a breakthrough as it recognized that a US company can rely on its resources outside the United States to produce products or provide services. Matter of Z-A -, Inc. held that an L-1A intracompany manager who primarily manages an essential function can be supported by personnel outside the United States within an international organization a
Insurance Journal
SEPTEMBER 23, 2024
When Iowa mutual GuideOne Insurance began assessing ways to add an infusion of capital to strengthen its balance sheet, the company went to the usual places a mutual of its size might turn to for financial backing.
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