Insurance Journal
NOVEMBER 20, 2024
New research reveals serious privacy flaws in the data practices of new internet connected cars in Australia. It’s yet another reason why we need urgent reform of privacy laws. Modern cars are increasingly equipped with internet-enabled features.
Solstice Insurance Broker
NOVEMBER 21, 2024
If you have clients who own businesses with "seasonality" that requires a temporary workforce, as their valued broker, you must pay attention to the laws requiring benefits for seasonal employees. Here we will go the benefits requirements for seasonal employees and how they can affect your clients.
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Property Insurance Coverage Law
NOVEMBER 20, 2024
Professor Jay Feinman, Co-Director of the Center for Risk and Responsibility, has prepared an analysis of the $308.6 billion figure that concludes it is pure misinformation. 1 The methodology used to arrive at fraud figures given to the media and cited publicly to government authorities by these propagandists is unsound. For example, the Coalition Against … The post When Do Insurance Company Lobbyists and Trade Association Supporters Lie About Insurance Fraud Statistics?
LexisNexis
NOVEMBER 19, 2024
By Serena Wellen & Min Chen There’s an entirely new category of generative AI that’s rapidly emerging – with the express purpose of making your legal work easier and faster. If you haven’t already heard, there’s a new buzz about Microsoft Copilot agents. These are conversational AI assistants designed for Microsoft 365 Copilot, which harness the power of customized Large Language Models (LLMs), like ours at LexisNexis, to extend Microsoft 365 Copilot.
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Insurance Journal
NOVEMBER 21, 2024
Asbestos, a notorious carcinogen, was in widespread use throughout the 20th century – from building materials to brake pads and even fake snow on film sets including The Wizard of Oz and White Christmas.
Solstice Insurance Broker
NOVEMBER 21, 2024
For a long time, researchers have been looking into how gum disease and heart health are connected. Inflammation and bacteria are often the main causes of problems in both oral and heart health.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
LexisNexis
NOVEMBER 21, 2024
By Madison Johnson, Esq. | Manager, Large Markets As the legal landscape continues to evolve, the ability to conduct efficient and accurate research remains paramount for law students and legal professionals alike. With the advent of Lexis+ AI ® , the game has been forever changed, and students are taking notice. According to recent student comments, Lexis+ AI ® is the primary reason why law students are choosing LexisNexis over its competitors.
Insurance Journal
NOVEMBER 21, 2024
A new study examining potential unintentional bias in auto insurance finds that while Black and Hispanic drivers pay more than other drivers for coverage, they also have more claims and driving infractions.
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.
Property Insurance Coverage Law
NOVEMBER 21, 2024
In the world of insurance claims, a simple yet often overlooked step can make or break a policyholder’s chance of recovery: The proof of loss. This was driven home in the 1891 case of German Insurance Company v. Fairbank, 1 where the Supreme Court of Nebraska issued a critical reminder that compliance with policy terms … The post When Proof Is Everything: The Lesson About a Cow Loss in Nebraska and Filing a Proof of Loss appeared first on Property Insurance Coverage Law Blog.
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
Insurance Journal
NOVEMBER 20, 2024
The five U.S. metropolitan areas with the biggest drop in home sales are all in Florida, the result of a perfect storm of rising insurance costs, homeowner association fees and repeat storms, a home sales tracking service reported Wednesday.
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.
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
LexisNexis
NOVEMBER 21, 2024
By Madison Johnson, Esq. | Manager, Large Markets Legal professionals understand the importance of staying informed about breaking developments in the business world, but it is especially critical for them to be on top of legal industry news and trends. Making smart decisions for your firm and your clients requires access to timely updates and insights about developments in the courts, legislatures and specific areas of practice.
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.
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?
Property Insurance Coverage Law
NOVEMBER 22, 2024
Federal Magistrate Judge Kyle Dudek recently issued the following Order: 1 Because the parties have not agreed on an umpire, the Court will set an in-person hearing for the appraisers to appear along with counsel to advise the Court of their respective objections to their counterpart’s proposed umpires. The Court will set this hearing by … The post Let’s Play “Guess the Umpire!
Insurance Marine News
NOVEMBER 20, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Ammonium nitrate vessel continues to cause controversy appeared first on Insurance Marine News.
Insurance Journal
NOVEMBER 19, 2024
Wesfarmers-owned Bunnings, the country’s biggest home improvement chain, breached the privacy of thousands of customers by using facial recognition technology without gaining consent, an Australian watchdog has found.
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.
Property Insurance Coverage Law
NOVEMBER 16, 2024
The recent Oregon federal court decision in Wilson v. Liberty Insurance Corporation serves as a stark reminder that invoking appraisal may be a one-way street with no turning off or around allowed. 1 The case offers important lessons for policyholders, insurers, and their representatives about the binding nature of appraisal provisions once triggered.
Insurance Marine News
NOVEMBER 20, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post UN institute calls for unified UN-level maritime security strategy appeared first on Insurance Marine News.
Insurance Journal
NOVEMBER 19, 2024
President Joe Biden’s administration is seeking $98.6 billion in emergency disaster relief funding from Congress to address the devastation from recent back-to-back hurricanes that hammered the US southeast and left billions in damage.
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.
Property Insurance Coverage Law
NOVEMBER 17, 2024
Do you know the historical origins of a property insurance policy’s proof of loss requirement? I love my fellow property insurance coverage nerd readers of this blog. One of them, attorney Tom Hamrick, wrote a comment to Insurance Company’s Two-Year Claims Handling Waives Proof of Loss Requirement: There’s a good deal of confusion as to … The post Where Did the Proof of Loss Requirement in a Property Insurance Policy Originate?
Insurance Marine News
NOVEMBER 20, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post HMNZS Manawanui fuel removal to get under way in December appeared first on Insurance Marine News.
Insurance Journal
NOVEMBER 19, 2024
New York City has issued its first drought warning in 22 years after months of little rain — and will restart the flow of drinking water from an out-of-service aqueduct as supplies run low.
Frankenmuth Insurance
NOVEMBER 21, 2024
When severe weather hits, the way you drive can mean the difference between arriving safely and getting stuck in a dangerous situation. Follow our severe weather driving tips for upcoming fog , rain, snow , and ice. Buckle up. It’s the law. Everyone in your vehicle should have their seat belt on at all times. Seat belts are especially critical during severe weather and dangerous conditions.
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 Marine News
NOVEMBER 20, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post X-Press Feeders joins war of words with new Sri Lankan government appeared first on Insurance Marine News.
Insurance Journal
NOVEMBER 17, 2024
By Andrew Simpson A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the loss of a digital currency does not involve a “direct physical loss” as required by the policy.
ProWriters
NOVEMBER 17, 2024
Thirty-five years ago, subscribers to a World Health Organization AIDS conference list received a floppy disk in the mail. Ostensibly a survey, the disk actually delivered the earliest documented ransomware file. The file infected the host computer’s operating system. After a certain number of boot-ups, it encrypted the file names on the machine’s hard drive.
Splash: Finance and Insurance
NOVEMBER 21, 2024
Managing vessels is something the Special Administrative Region does better than most. The latest installment from our brand new magazine being distributed across Hong Kong Maritime Week. Hong Kong remains one of the world’s greatest centres for shipmanagement with a number of the biggest brands in the sector headquartered in the Special Administrative Region (SAR).
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