Insurance Journal
SEPTEMBER 17, 2024
US property insurance rates are decreasing for the first time in almost seven years, after insurers returned to profitability amid lower losses tied to catastrophes. The average US property insurance rate decreased 0.
Property Insurance Coverage Law
SEPTEMBER 18, 2024
There will have to be a follow-up to this because most will never truly appreciate the underlying depth of John Pappas’ impact on Florida property insurance law until it is fully explained. John Pappas was my dear friend, my law school classmate, and Best Man at my marriage to Kim Merlin. We were close friends … The post John Pappas Passes appeared first on Property Insurance Coverage Law Blog.
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Solstice Insurance Broker
SEPTEMBER 18, 2024
Few people look forward to going to the dentist, let alone going in for oral surgery. Then you have to worry about the discomfort and potential downtime that comes with it.
LexisNexis
SEPTEMBER 16, 2024
By: Serena Wellen, Vice President of Product Management, LexisNexis It was less than one year ago when LexisNexis debuted Lexis+ AI ™ , the first comprehensive legal research solution powered by generative artificial intelligence (Gen AI) trained for the legal profession, ushering in a new era in legal research. This summer, we stirred up an industry-wide buzz with the announcement of the U.S.
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Insurance Journal
SEPTEMBER 19, 2024
More than a quarter million U.S. properties have repeated claims for federal flood insurance, costing the National Flood Insurance Program billions of dollars in claims, according to new federal data compiled by the National Resources Defense Council.
Property Insurance Coverage Law
SEPTEMBER 19, 2024
Nobody likes to be told not to do something. So, I am writing this blog post understanding that my contractor friends, who I have written about in many posts such as Restoration Contractors Providing Great Quality Workmanship Are Policyholder Friends But Many Insurance Companies Refuse To Pay For Quality, and The Hero Contractor: Being a Contender and Not … The post Dr.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Rough Notes
SEPTEMBER 19, 2024
That’s true, even if the fire is far away [A] court in Oregon ordered an insurer to provide income coverage to an acting company that had to cancel performances because wildfire smoke had infested its theatre and was deemed hazardous to audience members. By Joseph S.
Insurance Journal
SEPTEMBER 17, 2024
Chubb, AIG, and Amica lead other insurers in J.D. Power’s assessment of customer satisfaction for home insurance, but the consumer intelligence company said more people are shopping around. The good news for insurers is that only 2.
Property Insurance Coverage Law
SEPTEMBER 17, 2024
The world of property insurance covers a lot of specialty risks. Equine and livestock insurance is one of those special risks. A Liberty Mutual brochure describes these important coverages, and the equine risk is described in part as follows: We concentrate on providing insurance solutions for specific equine disciplines such as dressage, hunters, jumpers, racing, … The post Equine, Livestock, and Exotic Animal Insurance—What Are the Unauthorized Medication and Proper Care Exclusions?
Insurance Marine News
SEPTEMBER 19, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Cargo dispute detains vessel in Chattogram appeared first on Insurance Marine News.
Splash: Finance and Insurance
SEPTEMBER 16, 2024
Opening this week’s International Union of Marine Insurance (IUMI) annual conference in Berlin, president Frédéric Denèfle focused on how change was likely to impact on all lines of marine insurance business. Denèfle highlighted the recent geopolitical tensions as one of the key drivers of change.
Insurance Journal
SEPTEMBER 20, 2024
The U.S. property/casualty mutual segment has leaned on investment income to maintain strong overall financial performance and grow surplus in the face of underwriting volatility and severe weather-related activity, according to an AM Best report.
Property Insurance Coverage Law
SEPTEMBER 20, 2024
Being a lawyer, I am subject to numerous rules and ethical regulations regarding our contracts and referral fees. In many states, public adjusters also have restrictions regarding how they may solicit cases and if they can pay referral fees. For example, Florida has the following statute prohibiting referral fees to those who are not licensed … The post Public Adjusters Should Not Violate Referral Fee Statutes and Regulations: The Pending Case Involving Scott Favre appeared first on Proper
Insurance Marine News
SEPTEMBER 19, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine war market fears claim over detained $130m dredger appeared first on Insurance Marine News.
CDC: Workers Compensation
SEPTEMBER 16, 2024
As part of Fungal Disease Awareness Week, we are highlighting fungal diseases that can affect workers. Coccidioidomycosis (Valley fever), blastomycosis, and histoplasmosis are fungal diseases caused by fungi that live in the environment in certain regions. Infections are caused by breathing in fungal spores that get into the air. Some jobs and work activities that disturb soil in areas where the fungi live can release fungal spores into the air and put workers at higher risk.
Insurance Journal
SEPTEMBER 19, 2024
The storm that swamped parts of the Carolinas this week wasn’t organized enough to be named but it still has caused $7 billion in damage, according to a preliminary estimate from AccuWeather.
Property Insurance Coverage Law
SEPTEMBER 16, 2024
A federal judge ruled last week that policyholders eventually have to “put up or shut up” when it comes to proving that certain interior damages caused by a storm must be the result of damage to the exterior of a building, allowing water to damage the interior of a building. 1 The lesson from the … The post Interior Damage Claims and the Exterior Damage Requirement—Where’s the Proof?
Insurance Marine News
SEPTEMBER 19, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post US Justice Department sues Dali owner over Baltimore bridge collapse appeared first on Insurance Marine News.
PSM Brokerage
SEPTEMBER 18, 2024
An AEP like no other This Annual Enrollment Period (AEP) is poised to redefine the landscape of Medicare Advantage and prescription drug plan sales, presenting unprecedented challenges and changes that demand adaptability from industry professionals as consumers shop plans like never before. "AEP 2025 is going to be unlike any we've experienced," said Senior Vice President of Health Matt Graham.
Insurance Journal
SEPTEMBER 17, 2024
Parts of North Carolina saw something Monday that has not been seen in hundreds, perhaps 1,000 years – 18 inches of rain in half a day. That’s “once in every 1,000 years!
Relation
SEPTEMBER 16, 2024
Mployer, the leading independent platform for employers to research, review, and evaluate insurance advisors has named Relation Insurance a winner of its fourth annual “Top Employee Benefits Consultant Awards” for 2024. Mployer’s Top Employee Benefits Consultant Award Program evaluates each benefits broker and consultant office based on their depth of experience across employer industries, sizes, […] The post Mployer Names Relation ‘Top Employee Benefits Consultant Award’ for 2024 appeared
Insurance Marine News
SEPTEMBER 19, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post “Sustained improvement” in marine insurance cargo market: IUMI 2024 appeared first on Insurance Marine News.
Splash: Finance and Insurance
SEPTEMBER 16, 2024
Harland & Wolff, the owner of the Belfast shipyard that built the Titanic, has announced that it would be entering into administration this week after failing to find new funding.
Insurance Journal
SEPTEMBER 18, 2024
The California Labor Commissioner’s Office reached a $1.7 million wage theft settlement for 550 workers in an alleged scheme in which the owner of multiple Wingstop locations in Bakersfield created separate corporate entities to circumvent labor laws.
Frankenmuth Insurance
SEPTEMBER 19, 2024
What risks does your business face? Whether you’re a small startup or a large corporation, every business has them. But the most successful businesses know how to prepare for these risks and respond to them quickly and effectively. Want to be one of them? See some of the business risks you could face and what you can do. Risk #1: Weather and natural disasters.
Insurance Marine News
SEPTEMBER 15, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Offshore tug catches fire, 15 crew evacuated appeared first on Insurance Marine News.
Splash: Finance and Insurance
SEPTEMBER 15, 2024
Pelagic Partners has launched a new venture in London that seeks to bridge the financing gap in the shipping sector. The Cyprus-based owner and shipping fund manager has set up Pelagic Capital, which is designed to assist in building a dedicated credit fund and expanding the company into future projects.
Insurance Journal
SEPTEMBER 20, 2024
Russia’s state-run oil tanker company Sovcomflot PJSC said that western sanctions on ships moving the nation’s petroleum oil are only serving to heighten environmental risks by forcing some vessels out of mainstream trading.
AMAXX
SEPTEMBER 16, 2024
Work-related injuries can occur in any industry, and when they do, the aftermath can be chaotic and stressful for all parties involved. To mitigate confusion, it’s essential for companies to have a clear and consistent post-injury response procedure. This standardized approach not only ensures prompt medical attention for injured employees but also facilitates a smooth process for returning to work, reducing costs, and improving overall injury management.
Insurance Marine News
SEPTEMBER 15, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post One in five Russian tankers are refusing pilots in Danish Straits appeared first on Insurance Marine News.
McMahon Insurance Agency
SEPTEMBER 18, 2024
Water is a vital resource, but when it finds its way into areas where it doesn’t belong, it can cause […]
Insurance Journal
SEPTEMBER 19, 2024
Mosaic Insurance, the Bermuda-based specialty insurer, has launched customized global terrorism and sabotage coverage for fine art and specie insureds, with syndicated capacity extending up to $215 million per risk.
LexisNexis
SEPTEMBER 17, 2024
Singh v. Garland "Petitioner Varinder Singh, a native and citizen of India, seeks rescission of a removal order entered in absentia. We previously granted Singh’s petition because the government did not provide Singh with a Notice to Appear (NTA) setting forth the time and date of removal proceedings in compliance with 8 U.S.C. § 1229(a)(1), but the Supreme Court rejected our interpretation of this statutory provision.
Insurance Marine News
SEPTEMBER 15, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Workshop discusses IMO ‘mid-term’ GHG reduction measures appeared first on Insurance Marine News.
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