Sat.Mar 02, 2024 - Fri.Mar 08, 2024

article thumbnail

Lithium Batteries a risk management issue.

Prof. Allan Manning

I read this morning that the NSW Fire and Rescue have today reported that there have been 45 fires directly related to lithium batteries since the beginning of the 2024 year. Sadly also two people have lost their lives in the fires and possibly a third yet to be confirmed. The reality is that Lithium batteries are in many items today and we need to personally manage the risk.

Risk 130
article thumbnail

Court Finds No Coverage for Loss Caused by Water Back Up Through a Storm Drain

The Property Insurance Law Observer

In Carrico v. Stillwater Ins. Co. , 23-CV-349-RAJ, 2024 WL 308106 (W.D. Wash. Jan. 26, 2024), the Western District of Washington considered competing motions for partial summary judgment in a property damage case involving a winter storm, where large amounts of rain and melted snow backed the drain up and the force of the water pushed through the exterior door causing damage to the entire basement level.

Damage 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2024 ERISA Compliance | The Who, What, Where, Why, and How 

Relation

With the 50th anniversary of ERISA upon us, our Compliance VP, Matthew LoPorto is set to guide you through its requirements and dive into how plan sponsors can stay true to their ERISA fiduciary duties. Join Relation Insurance Services for our upcoming webinar, where we will be kicking off this year’s compliance series! Matt will […] The post 2024 ERISA Compliance | The Who, What, Where, Why, and How appeared first on Relation Insurance.

Insured 52
article thumbnail

Why Every Insurance Agency Needs a Network Firewall

North American Software Associates

In today's increasingly interconnected world, insurance agencies handle more sensitive customer data than ever before. Having robust cybersecurity measures in place is crucial. One of the most vital protections is a network firewall. Let’s explore what a network firewall is, why insurance agencies need one, the threats it helps mitigate and how it secures critical agency assets.

article thumbnail

A Strong Customer Engagement Strategy Looks Like…

Client Focus

If you own an agency, this should be your dream list: Huge ROI Massive CLV Brand awareness Referral business Real Impact If so, the first ingredient is customer engagement. You already have great products. And great customer service. Those are non-negotiables. But customer engagement will set you apart. It’s your chance to build care and credibility, which are the foundations of a trust relationship.

Premium 40
article thumbnail

The Legislation Enacting Virginia’s New Class Action Statute Should Be Amended to Protect Virginia Businesses From In Terrorem Statutory Damages

Hunton Andrews Kurth

Virginia is currently one of just two states, along with Mississippi, without state-court class actions. But in the most recent legislative session, the General Assembly passed Senate Bill 259, which would create a class action mechanism in Virginia state courts. Under Virginia law, Governor Youngkin can sign the bill, veto it, do nothing (which permits it to become law)—or he can propose amendments to the bill, which would then be sent back to the General Assembly at the “veto session” in April

Damage 59