Insurance Journal
JULY 29, 2024
The U.S. homeowners insurance segment suffered a $15.2 billion underwriting loss in 2023, more than double the loss seen in the previous year and the line’s worst underwriting results since at least 2000, according to a new AM Best report.
Central Insurance
AUGUST 2, 2024
Explore comprehensive insights on flooring installer insurance, including coverage options, benefits, and expert tips. Learn how to protect your business and ensure peace of mind in the flooring industry. The post Flooring Installer Insurance: What Policies Do I Need? appeared first on Central Insurance Blog.
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The Property Insurance Law Observer
AUGUST 1, 2024
In Zurich American Insurance Company v. Medical Properties Trust, Inc. , 2024 WL 3504060 (Mass. Jul. 23, 2024), the Supreme Judicial Court of Massachusetts held that the term “surface waters,” as used in a limitation contained in commercial property insurance policies, was ambiguous in the context of rainwater accumulating on roofs, thereby finding coverage for the insured.
Prof. Allan Manning
JULY 29, 2024
Realising the importance of ongoing learning, LMI held their annual conference for the claims team in Sydney last week. A wide range of topics were covered from an update on recent court cases involving general insurance claim decisions, a detailed analysis of the Reasonable Care Condition found in many policies by LMI Legal, lessons learned from business interruption losses by LMI Forensics, issues around storm damage to solar panels by LMI Claims, a detailed run through of the new Mark IV Cons
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Insurance Journal
AUGUST 2, 2024
Former reality TV star Fredrik Eklund zips up and down Miami in a lilac Rolls-Royce with a turquoise interior, hunting for multi-million-dollar homes for the rich and powerful. That is, when he’s not stuck in the gridlock.
Central Insurance
JULY 30, 2024
Furniture store insurance is a handful of policies designed to protect your business. Learn the right policies to protect your physical assets and ensure your operations can quickly recover after disruptions. The post Furniture Store Insurance: The Five Policies You Need to Protect Your Business appeared first on Central Insurance Blog.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
The Property Insurance Law Observer
JULY 29, 2024
Ending a putative class action, the United States Court of Appeals for the Fifth Circuit examined policy language and two statutes to hold that an insurer does not owe sales tax on top of an actual cash value payment. The citation is Taylor v. Root Ins. Co. , 2024 U.S. App. LEXIS 18240 (5th Cir. July 24, 2024). The policyholder’s contract provided: Limit of liability A.
Insurance Journal
JULY 31, 2024
Damaging earthquakes that rocked West Texas in recent days were likely caused by oil and gas activity in an area that has weathered tremors for decades, according to the U.S. Geological Survey.
CDC: Workers Compensation
JULY 29, 2024
Three-dimensional (3D) printing has become more popular in recent years. These printers can create objects by building them layer by layer from a digital design. 3D printing is an important part of modern innovation because it speeds up the design and testing of new ideas. It can also help produce complex and precise parts. The National Institute for Occupational Safety and Health (NIOSH) is working to minimize the potential health and safety risks from using 3D printers.
Frankenmuth Insurance
AUGUST 1, 2024
Did you know around 125,000 households experience gas leaks each year? Despite its daily importance for heating and cooking, gas can also pose serious safety hazards. That’s why it’s important to stay informed and proactive. Follow our expert-backed gas leak safety tips to protect your home and family. Recognizing the signs of a gas leak: Identify unusual odors.
Zywave
JULY 31, 2024
Integrate TurboRater with your agency management system to instantly bridge quote data directly into your workflow to save time, reduce manual entry errors, and increase the efficiency of your workflows.
Insurance Journal
JULY 30, 2024
Delta Air Lines has hired a law firm and will seek compensation from Microsoft and CrowdStrike over a global cyber outage earlier this month that disrupted flights around the world, CNBC reported on Monday.
CDC: Workers Compensation
AUGUST 1, 2024
This blog is part of a series to commemorate the 20th anniversary of the Nanotechnology Research Center. Click here for additional blogs in the series and on other nanotechnology topics. Engineered nanoparticles are synthesized materials with at least one dimension smaller than 100 nanometers. Reactive nanoparticles pose a special hazard. The heat released by the rapid oxidation of aerosolized combustible nanoparticles increases the temperature and pressure of the suspending gas.
PSM Brokerage
AUGUST 1, 2024
Registration and Training for Marketplace Agents and Brokers Plan year 2025 Marketplace registration and training is now available for new and returning agents and brokers on the Marketplace Learning Management System (MLMS). Plan year 2025 Marketplace training is available in English and Spanish. New Agents and Brokers Agents and brokers who are new to the Marketplace this year, or who did not complete plan year 2024 registration and training, are required to take the full Individual Marketplac
Zywave
AUGUST 1, 2024
Simplify your quoting and proposal process with Excess & Surplus insurers all in one tool. Take a look at our latest carrier library as of August 2024.
Insurance Journal
JULY 28, 2024
Allstate’s Florida subsidiaries are nonrenewing some 33,000 condominium unit policies over the next several months, delivering another blow for beleaguered condo owners across the state.
Shield Insurance Agency
AUGUST 1, 2024
Shield Insurance Agency is Now Hiring a full-time Insurance Customer Service Rep and Account Manager for our main office in Hudsonville, Michigan. Job description: Insurance Customer Service Rep and Account Manager Job Type: Full-time Salary: Up to $50K per year to start Schedule: 8-hour shift Day shift Monday to Friday Supplemental pay types: Christmas bonus Carrier bonus Education: High school or equivalent (Preferred) P&C License is a big plus Experience: Customer service: 1 year (Require
Rough Notes
AUGUST 1, 2024
INSURANCE-RELATED COURT CASES Digested from case reports published online COURT DECISIONS Insurer can’t subrogate In 2014, C.H. Yarber Construction entered into an agreement with Profile Properties to lease property in Cheyenne, Wyoming. The leased property contained an office facility, two warehouses, and approximately three-and-a-half acres of fenced yard space encompassing the buildings.
Word & Brown
AUGUST 1, 2024
A Health Insurance broker – sometimes called an insurance agent – is a licensed professional who works with individuals and businesses to help them shop for and compare insurance policies. You can focus on Health and Life insurance or Property and Casualty (P+C) Insurance, or earn multiple licenses and offer a variety of coverage to your clients. Beyond sales, the life of an insurance broker includes service to customers after the sale related to claims, administration, and annual renewal.
Insurance Journal
JULY 29, 2024
HOUSTON (AP) — The number of Texas deaths after Hurricane Beryl came ashore and knocked out power to millions of residents climbed to at least 36 on Thursday as officials confirmed more people who died in homes that were left …
Leadsurance
JULY 30, 2024
Research indicates that 68% of online experiences start with search engines. So, for businesses today, it is very important to have a good online presence. Search engine optimization (SEO) helps in making sure your website and content can be seen by those you aim for. While some businesses may attempt to handle their SEO internally, partnering with an SEO expert can offer significant advantages to your marketing strategy.
Splash: Finance and Insurance
JULY 29, 2024
Australian OSV operator and services provider Bhagwan Marine has marked its debut as a public company. The Perth-headquartered outfit led by Loui Kannikoski has started trading on the Australian Securities Exchange (ASX) following an initial public offering of shares. Bhagwan raised $80m at $0.
Word & Brown
JULY 29, 2024
When you’re in the “sales” field, you are under considerable pressure to close deals. That’s true whether you’re on your own or working with others. Your income may be exclusively commission based. That means if you don’t sell, you may have no income other than residual commissions on past business. With housing costs on the rise (whether you rent or own), escalating food and gasoline prices, climbing utilities bills, and more, it can be stressful to work in a role that offers variable income.
Insurance Journal
JULY 31, 2024
The Park Fire near Chico, California, at 609 square miles is now the fifth largest wildfire in history, destroying 277 structures and damaging 29, according to CalFire. The fire covers four counties—Butte, Plumas, Shasta, Tehama—and is 389,791 acres.
AMAXX
JULY 30, 2024
Click Link to Access Free PDF Download “How to Calculate Your Minimum Experience Mod, Controllable Premium & the Revenue Impact” Importance of Proper Classification It’s gonna be talking about today primarily where a lot of our training focuses, a lot of my training focuses is over in this area, which is your experience mods, your adjustments.
Property Insurance Centre
JULY 30, 2024
How to Thrive as a Residential Landlord: Top Strategies and Tips Did you know that a 43% of first-time landlords became landlords “accidentally” 1 ? Whether it was your plan or not, running a rental home can seem scary at first. But, with some smart moves, you can do well in this business. This piece will give you seven important tips to start strong and make your investment shine.
Distinguished
JULY 29, 2024
A client’s fine art collection may represent their treasured possessions or important investments and requires specialized insurance to protect against losses caused by water, fire, vandalism, theft, transit, and natural disasters. Distinguished’s Fine Art Insurance and Collectibles Insurance Program provides comprehensive coverage for priceless treasures and serves private collectors, art dealers , artist foundations, museums , and others.
Insurance Journal
JULY 31, 2024
A global accounting body on Wednesday proposed guidance on how companies can do more to show the impact of climate change on their financial performance, saying standalone disclosures do not give investors the clarity they need.
EverQuote
JULY 29, 2024
You can’t run a successful agency without getting to know people. If you sell insurance, networking is the key to getting high quality referrals and finding high-intent prospects. And what better place to find new contacts than online?
Boyle Agency Insurance
JULY 29, 2024
Chubb Masterpiece Homeowners Insurance Bogle Agency Insurance offers top Homeowners Insurance protection with Chubb Masterpiece Homeowners Insurance to NJ homeowners. Chubb has long been known as a top insurance carrier in NJ and we are happy to provide the information you need to make the decision to choose Chubb Homeowners Insurance coverage. Bogle is always seeking the optimal way to serve our clients’ insurance needs and we offer this superior product to Bergen and Morris County homeow
Splash: Finance and Insurance
JULY 28, 2024
Greece’s Diana Shipping has secured a new $167.3m loan from Nordea to refinance its existing commitments with the Nordic bank. The New York-listed shipowner said the proceeds of the new loan, secured by 10 vessels, have been utilised to refinance two loans maturing in October 2027 and June 2028 secured by 12 bulkers.
Insurance Journal
JULY 28, 2024
Trapped inside a car, the adult black bear and cub thrashed about. The horn was blaring and the radio blasting. Outside the car, a second cub ran around in apparent distress by the Connecticut home.
AMAXX
JULY 29, 2024
In the realm of workers’ compensation, the role of an injury coordinator is pivotal. This position is crucial for managing the complex processes associated with workplace injuries, ensuring both compliance with regulations and the well-being of employees. Based on the comprehensive guide from the Workers’ Compensation Manual, this blog will explore the responsibilities, best practices, and significance of an injury coordinator in an organization.
Word & Brown
JULY 28, 2024
In this day and age, tech is king. Whatever we want to do, there’s a way to do it faster and more conveniently thanks to technology. From drones dropping off Amazon orders to holograms of artists from the past surprising us at concerts, there’s always something new and innovative coming into the world. That tells us technology is moving far faster than our minds even have the ability to comprehend.
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