Sat.Sep 28, 2024 - Fri.Oct 04, 2024

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Tesla Recalls Over 27,000 Cybertrucks in Fifth Callback This Year

Insurance Journal

Tesla said on Thursday it would recall more than 27,000 Cybertrucks in the United States due to delayed rear-view camera images that could impair driver visibility and increase crash risks.

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CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Altered Hurricane Damage Estimates by Claims Management

Property Insurance Coverage Law

In a shocking exposé aired last night on CBS’s 60 Minutes, allegations of widespread insurance fraud by insurance companies following Hurricane Ian were exposed. The investigative report featured testimony from whistleblowers who claim that insurance companies deliberately altered hurricane damage reports to underpay homeowners, leaving many Floridians struggling to rebuild their lives in the wake … The post CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Alt

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How Are My Artisan Construction Insurance Rates Determined?

Central Insurance

Curious about how artisan construction insurance rates are set? Discover key factors affecting HVAC, electrical, plumbing, and other skilled trades premiums. The post How Are My Artisan Construction Insurance Rates Determined? appeared first on Central Insurance Blog.

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US East and Gulf ports strike set to go ahead

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post US East and Gulf ports strike set to go ahead appeared first on Insurance Marine News.

Marine 105
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Florida Storm Surge Swamps Nuclear Plant, Pro Golfer’s Home, Many More

Insurance Journal

Hurricane Helene’s storm surge along Florida’s western edges is being called the most devastating since 1921, responsible for destroying or heavily damaging hundreds of homes and businesses in the area.

Damage 363
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The Regulatory Blind Spot: How Insurance Departments Fail to Detect Systemic Bad Faith Claims Practices

Property Insurance Coverage Law

Recent investigative reporting by CBS’s 60 Minutes, noted in CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Altered Hurricane Damage Estimates by Claims Management, has exposed alleged widespread underpayments of claims and unethical claims practices in Florida’s property insurance industry. This exposé raises serious questions about the effectiveness of state insurance regulators, particularly … The post The Regulatory Blind Spot: How Insurance Depart

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High Court sets aside tribunal decision on loss recovery from negligent seller

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post High Court sets aside tribunal decision on loss recovery from negligent seller appeared first on Insurance Marine News.

Marine 105
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Florida’s Heritage Stock Price Drops After ’60 Minutes’ Report on Adjusters

Insurance Journal

Just as Florida property insurers face another round of storm claims, CBS News has raised questions about alleged insurer fraud stemming from claims incurred in the last major storm – Hurricane Ian, which hit much of southwest Florida two years …

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Hurricane Helene’s Aftermath: Understanding the FEMA 50% Rule and Its Impact on Victims

Property Insurance Coverage Law

As Hurricane Helene victims begin to assess the damage to their properties, they face not only the immediate challenges of recovery but also potential long-term implications due to federal regulations. One such regulation that could significantly affect rebuilding efforts is FEMA’s 50% Rule. Unless you ever suffered significant damage and lived in an area prone … The post Hurricane Helene’s Aftermath: Understanding the FEMA 50% Rule and Its Impact on Victims appeared first on P

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SAFEGUARDING ATHLETES

Rough Notes

Navigating name, image, and likeness (NIL) in collegiate sports By Tim Smith and Matthew Ferraro It’s no secret that the NCAA’s amateurism model is destined to go the way of landline telephones and paper road maps.

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Containers to be discharged from inoperative container ship

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Containers to be discharged from inoperative container ship appeared first on Insurance Marine News.

Marine 104
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Helene Dumps Rain on Millions of US Homes That Lack Flood Insurance

Insurance Journal

On Thursday night Helene crashed into Florida’s coast as a Category 4 hurricane. The giant storm with 140-mile-per-hour winds made landfall close to where Hurricane Debby hit in August and where Idalia struck just over a year ago.

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What to Do After Filing the Insurance Claim

Property Insurance Coverage Law

Filing a property insurance claim can feel unfamiliar to many. However, once you’ve submitted your claim, there are key steps you can take to ensure the best possible outcome. Here’s a guide on what to do next, from tracking your claim to ensuring your rights are protected. Stay Organized After filing your claim, keep all … The post What to Do After Filing the Insurance Claim appeared first on Property Insurance Coverage Law Blog.

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A Behind-the-Scenes Look at Data Breach Forensics

ProWriters

When a client experiences a data breach, the first move is obvious—find the entry point and stop the damage. But after the initial response , what’s next? Sure, you’ll need to assess the compromised data and financial losses, but to truly understand the breach and protect against future risks, data breach forensics is essential. Data breaches don’t just happen in a vacuum; they leave behind a trail of digital breadcrumbs that cyber forensic experts can follow to determine how, when, and why the

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Emma Colbourn joins Trafalgar Marine Trades

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Emma Colbourn joins Trafalgar Marine Trades appeared first on Insurance Marine News.

Marine 105
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Softbank Says Credit Suisse to Blame For Fund’s $440 Million Greensill Los

Insurance Journal

Softbank Group Corp., facing a $440 million lawsuit from Credit Suisse, said the bank was to blame for some of the investor losses tied to the collapse of Greensill Capital.

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Hurricane Helene National Flood Insurance Claims—What to Expect

Property Insurance Coverage Law

National Flood Insurance claims are notoriously complex and exacting. Most policyholders are unaware that National Flood claims are among the most difficult property insurance claims to handle correctly, and that the National Flood Insurance adjuster has limited authority. The field flood adjuster primarily serves to assist policyholders in making claims rather than having decision-making power. … The post Hurricane Helene National Flood Insurance Claims—What to Expect appeared first on Pr

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Plans revealed for $500m shipping fund in India

Splash: Finance and Insurance

India’s Alphard Maritime Group has set out to establish a $500m shipping fund in the country’s new financial services centre, Gujarat International Finance Tec-City (GIFT City). The plan is for Alphard to contribute Rs500 crore, while partners would provide another Rs4,500 crore to Indian shipowners looking to acquire assets worth between $10m and $20m.

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Bulk carrier a long-time resident of Algerian port

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Bulk carrier a long-time resident of Algerian port appeared first on Insurance Marine News.

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The Chief Artificial Intelligence Officer: Leading AI Innovation and Risk Management

Insurance Journal

Generative artificial intelligence (AI) has emerged as a new technology with the potential to completely reshape business practices and create new avenues for innovation. It will significantly impact virtually every industry sector.

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Navigating Flood Insurance Claims from Hurricane Helene

Property Insurance Coverage Law

Walking through my local South Tampa community, the devastation from Hurricane Helene flooding is widespread, as is unfortunately true across the State of Florida and many other states. Many insureds and even insured representatives have never dealt with a flood insurance claim and the intricacies of the National Flood Insurance Program. Resources are available at … The post Navigating Flood Insurance Claims from Hurricane Helene appeared first on Property Insurance Coverage Law Blog.

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How Partnering With a Cyber Insurance Broker Protects Your Clients

ProWriters

Modern businesses rely on cloud storage, connected digital devices, and online apps to serve their clients. As an insurance broker, you likely recognize that while these technologies drive business operations, they also increase vulnerability to cyber crime, making Cyber Insurance a necessity for your clients. Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging.

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Deal reached to end port strike in US

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Deal reached to end port strike in US appeared first on Insurance Marine News.

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Lloyd’s Focuses on Delegated Authority Arrangements as Looming Market Risk

Insurance Journal

While the Lloyd’s market reported its best first-half profit in 17 years, it isn’t resting on its laurels. It is carefully monitoring areas where potential vulnerabilities have been identified.

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Heritage Insurance Under Scrutiny: Analyzing the CBS 60 Minutes Exposé and Questions of Internal Controls

Property Insurance Coverage Law

Heritage Insurance (HRTG) lost 20% of its publicly traded value yesterday following the recent CBS 60 Minutes investigation into alleged insurance fraud in Florida, which has sent shockwaves through the insurance industry. You can read about the story from my post, CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Altered Hurricane Damage Estimates … The post Heritage Insurance Under Scrutiny: Analyzing the CBS 60 Minutes Exposé and Questions of Internal Controls app

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How Much Is The Average Car Payment In America? Plus 21 Auto Loan Stats!

Simply Insurance

The average car payment in the United States is more than $550 per month, and the total auto loan debt in the country has reached more than $1.1 trillion?

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Response to Chilean ferry grounding continues

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Response to Chilean ferry grounding continues appeared first on Insurance Marine News.

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Insured Losses Top $5B With Heavy Flooding But Few Covered by Flood Insurance

Insurance Journal

Estimates of insured losses from Hurricane Helene continue to range around $5 billion, not including flood insurance losses, as the death toll in the Southeast continued to rise, approaching 100 by Monday morning.

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Controlling Your Relief: Key Forms for Flood Recovery After Hurricane Helene

Property Insurance Coverage Law

As Hurricane Helene swept through the Southeast United States, it left behind an overwhelming 40 trillion gallons of water. This catastrophic deluge impacted homes and businesses that had been flood-free for over 30 years, and it compounded the challenges faced by properties still recovering from previous storms like Ian and Debby. In my earlier blog … The post Controlling Your Relief: Key Forms for Flood Recovery After Hurricane Helene appeared first on Property Insurance Coverage Law Blo

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Blog Post: Did Elon Musk Violate U.S. Immigration Laws?

LexisNexis

Catherine E. Shoichet, CNN, Sept. 29, 2024 "At the 2013 event, the brothers also touched on a topic they’ve discussed less frequently in public: their immigration status during the company’s founding. In early 1996, their startup, an early online city guide and mapping tool, got a $3 million infusion from venture capitalists. The investors soon found themselves surprised, according to Kimbal Musk’s account captured in a video of the 2013 event posted on the Milken Institute’s YouTube page.

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Cargo ship grounded in Indonesia following detection of leak

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Cargo ship grounded in Indonesia following detection of leak appeared first on Insurance Marine News.

Marine 103
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NC Town That Produces Quartz for Tech Products is Devastated by Helene

Insurance Journal

SPRUCE PINE, N.C. (AP) — Two North Carolina facilities that manufacture the high-purity quartz used for making semiconductors, solar panels and fiber-optic cables have been shut down by Hurricane Helene with no reopening date in sight.

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What Are The Best Insurance Lead Companies For Producers? | EverQuote

EverQuote

If you’re considering buying leads to help boost your business, be aware that not all leads are created equal—and neither are the companies they come from.

Insured 97
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AI-powered attacks are growing: Is your company ready?

Frankenmuth Insurance

AI-powered attacks are a significant concern for individuals and businesses. They use advanced methods to exploit vulnerabilities and breach security measures, making traditional defenses less effective. To help protect your business from AI-powered attacks, you need a baseline understanding of the threats and the resources to stand up to them. Not sure where to start?

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