Insurance Journal
NOVEMBER 18, 2024
Meteorologists are forecasting a stormy pattern that could impact millions of people across U.S. this week with the threat of flooding, travel disruptions and the potential for the first accumulating snowfall of the season in some places.
Property Insurance Coverage Law
NOVEMBER 18, 2024
The 1802 New York Supreme Court case of Lenox v. United Insurance Company 1 offers timeless guidance on the distinction between preliminary “proof of loss” requirements and “proof” evidence required at trial. This distinction remains critically important for today’s insurance practitioners and policyholders alike. This post is a follow-up to Where Did the Proof of Loss … The post Proof of Loss Requirements: A 222-Year-Old Case Still Relevant for Modern Insurance Claims appeared first
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Insurance Journal
NOVEMBER 18, 2024
A pair of small earthquakes were reported in Southern California’s Inland Empire on Saturday, according to the U.S. Geological Survey. The first magnitude 3.5 earthquake occurred at 2:17 p.m. northwest of Fontana. It was 1.
LexisNexis
NOVEMBER 18, 2024
By Madison Johnson, Esq. | Manager, Large Markets Consumers were introduced to the generative artificial intelligence (Gen AI) revolution two years ago with the launch of ChatGPT, then the category of Legal AI — Gen AI solutions trained specifically for the legal profession — was born with the rollout of Lexis+ AI in October 2023. Just one year later, more than half of Am Law 200 law firms (53%) have already purchased Legal AI tools, according to a LexisNexis survey , and this rapid adoption sho
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Insurance Journal
NOVEMBER 18, 2024
The U.S. Chemical Safety and Hazard Investigation Board (CSB) released an update on its investigation into the hazardous ammonia release at a food processing facility in Sterling, Virginia that injured dozens of employees.
Splash: Finance and Insurance
NOVEMBER 18, 2024
The city has plenty of core strengths when it comes to providing capital to shipping. The latest installment from our brand new magazine being distributed across Hong Kong Maritime Week.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Cowbell
NOVEMBER 18, 2024
Black Friday and Cyber Monday are synonymous with big sales, increased online shopping, and higher retail volumes—both in stores and online. But these high-traffic days also mark a peak period for cybercriminals looking to exploit the surge in consumer activity, stressed systems, and distracted employees. As the shopping frenzy begins, it’s crucial to remain vigilant about cybersecurity to prevent disruptions or breaches that could leave your business vulnerable well after the deals are over.
Insurance Journal
NOVEMBER 18, 2024
A construction industry captive insurer along with three construction contractors have filed a lawsuit alleging a massive New York fraud scheme involving staged workplace accidents and bogus workers’ compensation and personal injury lawsuits backed by complicit lawyers and medical providers.
Splash: Finance and Insurance
NOVEMBER 18, 2024
Fast-expanding offshore wind vessels pureplay Cyan Renewables has secured backing from Australia’s TCorp. The funding arm of Australia’s most populous state, New South Wales, said it had acquired an interest in Cyan with an initial investment of over $100m, with plans for further cash injections to support the Singapore-based company’s growth.
Insurance Journal
NOVEMBER 18, 2024
A federal judge reduced a $237.6 million jury award against United Parcel Service to $39.6 million in the case of a Black former driver who accused the package delivery company of workplace bias and wrongful firing.
Splash: Finance and Insurance
NOVEMBER 18, 2024
The New York Shipping Exchange (NYSHEX) has received investment from Intercontinental Exchange (ICE) and will proceed with plans to launch its own series of container freight indices next year.
Insurance Journal
NOVEMBER 18, 2024
After ditching two-thirds of its office space and selling its Chicago headquarters, Allstate Corp. realized that even employees who prefer working remotely still need a place to gather with their coworkers from time to time.
ProWriters
NOVEMBER 18, 2024
As 2024 unfolds, the Directors and Officers (D&O) Insurance market is hitting yet another turning point. After several years of dramatic rate fluctuations, insurers, brokers, and businesses are bracing for what could be a defining year for D&O premiums. With rising litigation risks, emerging industries, and a more competitive marketplace, the question remains: Will the soft market continue, or are we in for another shake-up?
Insurance Journal
NOVEMBER 18, 2024
DALLAS (AP) — A bullet struck the body of a Southwest Airlines airplane preparing for departure from a Dallas airport, forcing the cancellation of the Friday evening flight, the airline said.
PSM Brokerage
NOVEMBER 18, 2024
Need help getting certified? Talk to a PSM team member How to Get Certified to Sell Cigna Medicare Plans As an insurance agent, getting certified to sell Cigna Medicare plans is a key step to expanding your portfolio and offering clients access to trusted healthcare solutions. Whether you’re new to selling Medicare or an experienced agent looking to add Cigna to your options, the certification process is straightforward and packed with opportunities to grow your business.
Insurance Journal
NOVEMBER 18, 2024
When Hurricane Beryl was rushing across the Atlantic basin in July, the weather forecasting tool made by Google Deepmind, the tech company’s artificial intelligence unit, saw something other models missed.
PSM Brokerage
NOVEMBER 18, 2024
Turning 'No' Into 'Know' As a Medicare insurance agent, objections are part of the game. But objections aren’t the end of the conversation—they’re the beginning of a new opportunity. Whether it’s skepticism, confusion, or just plain hesitation, learning to navigate objections with confidence and humor can turn potential roadblocks into steppingstones.
Insurance Journal
NOVEMBER 18, 2024
MINNEAPOLIS (AP) — Smithfield Foods, one of the nation’s largest meat processors, has agreed to pay $2 million to resolve allegations of child labor violations at a plant in Minnesota, officials announced Thursday.
Elmore
NOVEMBER 18, 2024
Roy Gori says increased oversight would be ‘welcome’ as a way to reinforce confidence in the insurance industry The post Departing Manulife CEO urges greater scrutiny of private equity deals appeared first on Elmore Insurance Brokers.
Insurance Journal
NOVEMBER 18, 2024
The California Department of Insurance has submitted its final wildfire catastrophe modeling regulation to the Office of Administrative Law for approval.
PSM Brokerage
NOVEMBER 18, 2024
Proven Marketing Strategies for Agents to Boost Sales Marketing as an insurance agent can feel like trying to juggle flaming torches while riding a unicycle. But fear not! With the right strategies (and maybe a fire extinguisher), you can captivate your audience, build your brand, and drive sales. Here are seven top marketing ideas to ignite your efforts, along with stats, quotes, and examples to make them actionable. 1.
Insurance Journal
NOVEMBER 18, 2024
ST. LOUIS (AP) — Two Missouri police officers were indicted separately this week and accused of similar crimes — pulling over women and searching their phones to find nude photos.
TGS
NOVEMBER 18, 2024
TGS Insurance » Blog What Does It Mean to Be a No-Fault State? If you’ve ever shopped for car insurance or heard about Florida’s unique approach to auto laws, you might have stumbled across the term “no-fault state.” But what does it really mean to be a no-fault state? How does it affect drivers, and why is it such a hot topic in the world of insurance?
Insurance Journal
NOVEMBER 18, 2024
Global watchdogs will move to rein in leverage at non-banks early next year, the Financial Stability Board promised on Monday, more than a year after its chair signaled a probe into mounting borrowings at hedge funds, private capital markets and …
CDC: Workers Compensation
NOVEMBER 18, 2024
There are currently 574 federally recognized tribes across the United States. American Indian and Alaska Native (AI/AN) workers play a crucial role in the U.S. workforce and economy, yet little is known about the hazards that AI/AN workers face. This is the first in a series of blogs by the National Institute for Occupational Safety and Health (NIOSH) honoring Native American Heritage Month.
Insurance Journal
NOVEMBER 18, 2024
A voluntary evacuation of homes over the weekend helped New York firefighters continue their progress in containing a state park wildfire near the New Jersey border.
LexisNexis
NOVEMBER 18, 2024
Oakland - A new California Workers’ Compensation Institute (CWCI) analysis that examines how medical inflation impacts allowable fees under the California workers’ compensation Official Medical Fee Schedule (OMFS) finds that physician and non-physician practitioner service fees represent more than half of treatment payments in the system and that differences in inflationary factors used between OMFS and Medicare explain the growing differential between California workers’ compensation and Medica
Insurance Journal
NOVEMBER 18, 2024
California Insurance Commissioner Ricardo Lara issued a mandatory one-year moratorium on insurance companies to preserve residential insurance coverage for more than 200,000 policyholders affected by the Mountain Fire, which has destroyed 243 structures.
LexisNexis
NOVEMBER 18, 2024
By Madison Johnson, Esq. | Manager, Large Markets Law firm marketing professionals are under the gun more than ever in today’s legal industry landscape. A report presented at last year’s Law Firm Marketing Summit found that almost two-thirds of marketing and business development teams are spending more time dealing with urgent problems than with developing strategic initiatives to drive revenues.This daily pressure to extinguish fires distracts from the time these law firm leaders can invest in
Insurance Journal
NOVEMBER 18, 2024
MINNEAPOLIS (AP) — Several business owners at the struggling corner where George Floyd was murdered by a Minneapolis police officer in 2020 are suing the city to demand it take over their properties and compensate them.
LexisNexis
NOVEMBER 18, 2024
OFLC, Nov. 18, 2024 "The Employment and Training Administration (ETA) published a notice of proposed rulemaking (NPRM) in the Federal Register proposing to amend its regulations at 20 CFR 655.10(f) for employer-provided wage surveys for the H-2B program. The publication of the NPRM is necessary because the U.S. District Court for the District of Columbia held the 2015 Wage Rule (the Rule), specifically the data and methodology requirements of 20 CFR 655.10(f)(2) and (f)(4), to be procedural
Insurance Journal
NOVEMBER 18, 2024
Total insured losses from recent floods in Spain are expected to exceed €4 billion (US$4.2 billion), according to credit rating agency Morningstar DBRS.
LexisNexis
NOVEMBER 18, 2024
Cyrus Mehta & Kaitlyn Box, Nov. 18, 2024 "Donald Trump’s recent reelection has sparked fears that restrictionist immigration policies will abound come January 20, 2025 onwards. During the time that remains of his presidency, President Biden can still act to safeguard the immigration system and implement policies that support and benefit immigrants through executive action.
Insurance Journal
NOVEMBER 18, 2024
LOUISVILLE, Ky. (AP) — Firefighters in Kentucky’s largest city rescued a construction worker on a demolition team who fell into a void Thursday and became trapped in rubble, requiring a tedious, hours-long operation to dig him out.
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