Prof. Allan Manning

MARCH 5, 2024

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

Risk Business Interruption Casualty Insurance Property Insurance 130

The Property Insurance Law Observer

MARCH 4, 2024

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

Damage Policy Claim Property Damage 130

Hunton Andrews Kurth

MARCH 7, 2024

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

Damage Protection Claim Risk 59

Relation

MARCH 6, 2024

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.

Insurer 52

Insurer Insurance Insured 52

North American Software Associates

MARCH 5, 2024

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.

Insurance Agency 52

Insurance Agency Insured Insurance Insurer 52

Client Focus

MARCH 5, 2024

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

Premium Building Agents Policy 40