Wells Fargo Says It’s Quitting Climate-Banking Group
Insurance Journal
DECEMBER 22, 2024
Wells Fargo & Co. said it’s leaving the world’s biggest climate alliance for banks, in the latest sign that Wall Street is breaking away from such groups.
Sat.Dec 21, 2024 - Fri.Dec 27, 2024
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Amica Finishes Number One in Claims Customer Satisfaction—Lessons For Adjusters About the Role of Empathy In an AI Claims Handling World
Property Insurance Coverage Law
DECEMBER 27, 2024
Allen Laman wrote an article for Carrier Management, which was re-published in part in the Claims Journal, Claims Satisfaction Leaders Reveal Secrets to Success.One point of the article came as no surprise, with AMICA claiming top scores in a survey of claims customer satisfaction: Amica Mutual Insurance ranked highest in overall auto claims customer satisfaction … The post Amica Finishes Number One in Claims Customer SatisfactionLessons For Adjusters About the Role of Empathy In an AI Cla
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Loss Control Tips to Protect Tow Truck Insurance Companies from Costly Claims
Central Insurance
DECEMBER 25, 2024
Learn essential loss control strategies to protect tow truck insurance companies from costly claims. Explore safety tips, training, and maintenance to minimize risks. The post Loss Control Tips to Protect Tow Truck Insurance Companies from Costly Claims appeared first on Central Insurance Blog.
Essential Communication Tools for Insurance Agents | Solstice
Solstice Insurance Broker
DECEMBER 23, 2024
In the world of insurance, effective communication is your key to keeping clients happy and your business booming. It's all about managing what your clients expect and quickly sorting out any bumps along the way.
Streamline Insurance Claims Management By Analyzing Legal Trends
Advertiser: Trellis
Insurance professionals use Trellis to streamline claims management by analyzing legal trends, predicting outcomes, and strategizing effectively to serve clients better. Adjusters can evaluate claim validity, estimate settlement amounts, and identify potential litigation risks. Trellis' extensive State Trial Court Data can be leveraged to identify opposing/outside counsel and top mediators for insurance matters, evaluate the risk of new claims by viewing similar claim litigation history, and mor
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New York to Fine Fossil Fuel Companies $75 Billion Over 25 Years for Climate Damage
Insurance Journal
DECEMBER 27, 2024
New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday.
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Tow Truck Insurance: The Six Policies You Need for Your Business
Central Insurance
DECEMBER 23, 2024
Six must-have tow truck insurance policies to protect your fleet, manage risk, and safeguard your business. The post Tow Truck Insurance: The Six Policies You Need for Your Business appeared first on Central Insurance Blog.
Is your Agency Climate-Ready for 2025? The Role of insurtech on Risk Management
InsuredMine
DECEMBER 26, 2024
Climate change poses an extraordinary challenge for businesses, insurers, and governments alike, making the task of adapting and building resilience feel almost overwhelming. However, the good news is that the there are solutions readily available to tackle this challenge already existwhats crucial now is weaving them into a cohesive, unified strategy.
Losses From Crypto Hacks Jump to $2.2B in 2024, Report Says
Insurance Journal
DECEMBER 22, 2024
Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in 2024, a report from blockchain analysis firm Chainalysis showed on Thursday.
A Christmas Message
Property Insurance Coverage Law
DECEMBER 25, 2024
As the holiday season fills the air with warmth and joy, I find myself reflecting on the deeper meanings of Christmas and the significance of relationships we cultivate in our personal and professional lives. This reflection has reminded me of the enduring value of love, kindness, and connectionprinciples that should guide us not only during … The post A Christmas Message appeared first on Property Insurance Coverage Law Blog.
Plumbing Memes: 100 of the Best Plumber Memes in a Gallery
Leadsurance
DECEMBER 23, 2024
Being in the holiday spirit we thought we’d do a fun one today, the day before Christmas Eve. Also in celebrating expanding our services into additional industries as we continue to service the insurance industry as well. Here is one we can all relate to, even if we don’t work in the plumbing or HVAC industries, we all rely on good plumbing and HVAC systems.
Paid Up Additions: The Magic of Cash Value Life Insurance
The Insurance Pro
DECEMBER 27, 2024
Thepaid up additions feature of a whole life insurance policy is one of the most powerful components with respect to cash value accumulation. Most whole life products have a paid up additions (PUA) feature, but they can all work a little differently so it's important to note that one company's approach could vary substantially from. Keep Reading The post Paid Up Additions: The Magic of Cash Value Life Insurance appeared first on The Insurance Pro Blog.
3rd-Party Litigation Funding, Federal Regs Among Insurance Trades’ Priorities for 2024
Insurance Journal
DECEMBER 26, 2024
Insurance trade organizations are always working for the industry so Insurance Journal asked them: What are the top priorities and/or challenges heading into 2025? Here are the responses we received: David A.
Austin Merlin Myers Is a Contender
Property Insurance Coverage Law
DECEMBER 26, 2024
My daughter Austin recently graduated from Stetson Law School.She did so with Honors and even achieved four book awards, representing the highest grade in a class.I may not have had four As during law school, much less any hope of a coveted book award.Austin also had the extra blessing of being a mom and giving … The post Austin Merlin Myers Is a Contender appeared first on Property Insurance Coverage Law Blog.
Blog Post: Undocumented Immigrants Pay More Than Their Fair Share of Taxes
LexisNexis
DECEMBER 26, 2024
Marco Guzman, The Hill, Dec. 24, 2024 "Much like their neighbors, undocumented immigrants pay sales and excise taxes on goods and services such as groceries, gas and utilities. They pay property tax regardless of whether they own a home or rent (since landlords pass on a portion of the tax on to renters). They pay payroll taxes via automatic withholdings from paychecks and income taxes in various ways, like by filing with what the IRS calls an ITIN, or Individual Taxpayer Identification Num
Investment Grade Life Insurance?
The Insurance Pro
DECEMBER 25, 2024
Key Things to Know The term investment grade life insurance is a marketing tactic used by agents to sell whole life insurance policies. While some whole life policies may be better suited for cash value maximization, there is no official designation for investment grade life insurance. Ultimately, its important to understand that investment grade life.
Pittsburgh Regional Transit Dealing With Ransomware Attack
Insurance Journal
DECEMBER 27, 2024
Pittsburgh Regional Transit (PRT) has reported it is responding to a ransomware attack that was first detected on December 19, a day when the rail service experienced temporary disruptions.
National Flood Claims Have a One-Year Statute of Limitations
Property Insurance Coverage Law
DECEMBER 23, 2024
The title of this post is not correct.But it is safer than saying the correct rule of law. A recent order dismissing a case involving a claim brought under the National Flood Insurance Program (NFIP)for failing to bring suit within the one-year limitations time shows why my practical rule may be better than the more … The post National Flood Claims Have a One-Year Statute of Limitations appeared first on Property Insurance Coverage Law Blog.
6 times when you should hire a contractor.
Frankenmuth Insurance
DECEMBER 26, 2024
Knowing when to hire a contractor can make a big difference in the outcome of your home project. While some tasks can be done by yourself for less time or money, others require the expertise and credentials of someone who does them for a living. Have home projects on the horizon ? See six instances when we suggest hiring a contractor. When youre starting a large-scale renovation.
Is 10 Pay Whole Life Insurance Any Good?
The Insurance Pro
DECEMBER 24, 2024
Key Things to Know 10 Pay Whole Life Insurance is a policy that guarantees a death benefit after 10 years of premium payments, making it a cost-effective option for those prioritizing a guaranteed death benefit. While it offers a lower total cost for a guaranteed death benefit compared to longer-term policies, it may not be. Keep Reading The post Is 10 Pay Whole Life Insurance Any Good?
Claims Satisfaction Leaders Reveal Secrets to Success
Insurance Journal
DECEMBER 25, 2024
What is the secret to an insurance claims experience that satisfies customers? For years, J.D. Power has conducted surveys and curated lists recognizing insurers that succeed at providing satisfactory claims experiences.
Coverage Lessons Public Adjusters Should Learn from the Vultures Case
Property Insurance Coverage Law
DECEMBER 22, 2024
Want to learn how to argue for coverage? Sometimes, lessons can be learned from cases that do not end favorably for the policyholder. Yesterdays post, When Vultures Circle, Coverage Can Be a Hard Bird to Land, is one example of a case where an excellent public adjuster and attorney took two steps every public adjuster … The post Coverage Lessons Public Adjusters Should Learn from the Vultures Case appeared first on Property Insurance Coverage Law Blog.
The Top 5 Ways To Make Sure Clients Are Prepped For Winter
Rough Notes
DECEMBER 26, 2024
Let them know what to expect and assure them that you are available to assist them Every year seems to bring with it some new iteration of Snowpocalypse or Snowmageddon. Make sure your clients protectthemselves, their families, and, if applicable, their employees.
Financial Tips for Seniors: How to Maximize Social Security and Pension Benefits
P&L Financial Services
DECEMBER 27, 2024
As an insurance agent, your role extends beyond policies and premiumsyoure a trusted advisor helping seniors navigate their financial futures. Social Security and pension benefits are critical components of that future, and your guidance can make all the difference. Heres how you can help your senior clients maximize these benefits while ensuring financial stability in retirement.
9 Insurance Commissioners Urge DOGE to Junk FIO
Insurance Journal
DECEMBER 23, 2024
Insurance commissioners from nine states are looking to the new Department of Government Efficiency to do away with the Federal Insurance Office.
When Vultures Circle, Coverage Can Be a Hard Bird to Land
Property Insurance Coverage Law
DECEMBER 21, 2024
Sometimes, the facts of a case are stranger than fictionlike this one, where the villain wasn’t fire, wind, or water but rather turkey vultures with a penchant for real estate destruction. Mitchellville Plaza Bar, the property owner, found themselves facing extensive roof damage caused by a congregation of these feathered invaders. They turned to their … The post When Vultures Circle, Coverage Can Be a Hard Bird to Land appeared first on Property Insurance Coverage Law Blog.
Insurers offer pension schemes discounts to meet buyout targets
Elmore
DECEMBER 26, 2024
Plans pursuing bulk annuity transactions offered multimillion incentives to accelerate deals The post Insurers offer pension schemes discounts to meet buyout targets appeared first on Elmore Insurance Brokers.
Blog Post: 2024 Year In Review Most Popular Content
LexisNexis
DECEMBER 26, 2024
In mid-July 2024, the CounselLink blog was officially launched, publishing twice weekly to provide those interested with enterprise legal management features and content for the corporate legal world. Our audience of readers is people in legal operations, in-house legal teams and the outside counsel they hire. Legal topics run the gamut from anything relating to enterprise legal management software; contract lifecycle management solutions; financial management and cost-cutting strategies for leg
Alabama Prisoners Work at Stores But Not Eligible for Parole or Workers’ Comp
Insurance Journal
DECEMBER 23, 2024
DADEVILLE, Ala. (AP) A storm was looming when the inmate serving 20 years for armed robbery was assigned to transport fellow prisoners to their jobs at private manufacturers supplying goods to companies like Home Depot and Wayfair.
HVAC Memes: 100 of the Best HVAC Memes in a Gallery
Leadsurance
DECEMBER 25, 2024
Being in the holiday spirit, we thought we’d share something fun today! We’re also celebrating our growth as we expand into new industries like plumbing and HVAC , all while continuing to serve the insurance industry. Which by the way if you don’t already know our full history then checkout our about page to learn more. We actually got started working with plumbers and HVAC professionals at All Pro Texas in San Antonio and Austin Drain and Air Rescue in Austin back in 2012.
Why Regular Home Insurance Policy Reviews Are EssentialÂ
Freeway Insurance
DECEMBER 24, 2024
Once you purchase your first house and set up a homeowners insurance policy , you may think that your insurance needs will be taken care of for as long as you own the house. However, reviewing your home insurance policy on a regular basis is essential if you want to fully protect your property. Just like your property needs regular maintenance to stay in tip-top shape, your insurance also needs regular adjustments to ensure it meets your needs.
Blog Post: What Is A Vendor Management System?
LexisNexis
DECEMBER 24, 2024
A vendor management system (VMS) is a comprehensive software solution designed to help organizations streamline and automate their vendor management processes. It provides a centralized platform for handling the entire vendor lifecycle, from sourcing and onboarding to performance tracking and payment. Often, vendor management is part of enterprise legal management software , as one of the primary features.
Cargo Theft Surges as Holiday Season Approaches, Verisk Says
Insurance Journal
DECEMBER 22, 2024
Be on the lookout for Grinch-like characters hanging out at transportation hubs over the holidays. A CargoNet analysis of holiday-period theft data from the past five years shows a heightened risk during the Christmas and New Year periods.
Do I have the right lock for my insurance?
Property Insurance Centre
DECEMBER 23, 2024
Do I have the right lock for my insurance ? Being a Commercial Property Owner or Business Owner you will be aware there will be certain conditions within your insurance policy with regard to the Security at the premises. However, the first thing you should ask yourself, is, “Do I have the right lock for my insurance?” Below are just a few examples of what many concern themselves with first, before they consider what lock they have.
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