Insurance Journal
OCTOBER 11, 2024
The company that owns the New York Mets professional baseball team is the target of a class action lawsuit alleging the organization collects and profits from fans’ biometric information at its stadium, CitiField, in violation of the city’s biometrics privacy …
Property Insurance Coverage Law
OCTOBER 11, 2024
In the wake of the devastating Hurricanes Helene and Milton that recently struck Florida and neighboring states, policyholders are facing the daunting task of rebuilding their lives and navigating complex insurance claims. As an attorney specializing in insurance coverage cases, I’ve seen firsthand the challenges that disaster survivors face. Today, I want to highlight a … The post Hurricane Helene and Milton Survivors Navigating Insurance Claims and Recovery: United Policyholders
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Prof. Allan Manning
OCTOBER 7, 2024
LMI continues to grow in claims work and as a result both LMI Group and Aequum Adjusters are looking to hire loss adjusters and or claims preparers in virtually every state and territory in Australia and New Zealand. The positions range from trainee, to highly experienced. If you are interested or know of someone who may be, please send in a CV on my email address: Allan.Manning@LMIGroup.com.
Central Insurance
OCTOBER 7, 2024
Explore the difference between installation floater vs. Builder's Risk to properly protect your next construction project. The post Installation Floater vs. Builder’s Risk: What’s The Difference? appeared first on Central Insurance Blog.
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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Insurance Journal
OCTOBER 9, 2024
Even before the second megastorm in as many weeks brings devastating floodwaters to the Southeast US, it’s already clear that federal flood-risk maps underpinning decisions by millions of American homeowners and businesses are severely out of sync with a new …
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The Property Insurance Law Observer
OCTOBER 9, 2024
In a recent decision by the U.S. District Court for the Middle District of Florida, Wood v. GeoVera Specialty Insurance Company (2024 WL 3952571), the court affirmed that unambiguous policy limits remain enforceable even when an appraisal award exceeds those limits. This decision provides valuable guidance for insurers handling post-catastrophe claims.
Central Insurance
OCTOBER 10, 2024
As a homeowner, it’s important to ensure your contractor has the right pool insurance before diving into your pool construction. Learn how pool insurance safeguards your project and what to ask your contractor before work begins. The post Pool Insurance: What Coverage Should I Ensure My Contractor Has Before Building My Pool? appeared first on Central Insurance Blog.
Insurance Journal
OCTOBER 7, 2024
Another day, another hurricane.
Property Insurance Coverage Law
OCTOBER 9, 2024
Imagine standing at a crossroads, where one path leads to your safety and the other to a stranger’s peril. Would you silently hope for your path to be the safer one? This moral dilemma isn’t just hypothetical—it’s a reflection of the wishes we make every day. I found myself deeply thinking about this while texting … The post Reflections on Historic Hurricane Milton Before It Strikes the Central West Coast of Florida appeared first on Property Insurance Coverage Law Blog.
LexisNexis
OCTOBER 10, 2024
By Madison Johnson, Esq. | Marketing Manager Large law firms have been on a technology transformation journey for the past two decades, embracing new ways of empowering lawyers to work more efficiently and more effectively with the aid of fast-moving legal tech innovations. These firms now find themselves in a bit of a quandary that was the inevitable result of this rapid growth in reliance on technology.
Central Insurance
OCTOBER 8, 2024
Discover the key policies you need for comprehensive pet groomer's insurance. The post Pet Grooming Insurance: The 5 Policies You Need for Your Business appeared first on Central Insurance Blog.
Insurance Journal
OCTOBER 10, 2024
The insurance industry faces significant challenges in covering catastrophic risks, especially as climate change drives more extreme weather events. With soaring premiums and increasing exclusions, the need for an accurate assessment of these risks is more important than ever.
Property Insurance Coverage Law
OCTOBER 8, 2024
While speaking at the Florida Association of Public Insurance Adjusters Fall Conference regarding National Flood Insurance claims, I promised to blog about a recent case that made its way through the federal courts. Homeowners Henry and Mary Siedzikowski learned some hard lessons about the strict requirements for flood insurance claims. The case, which began in … The post NFIP Escapes Payment with Form-Over-Substance Rules—The Need For Reform of the National Flood Insurance Program appeare
Splash: Finance and Insurance
OCTOBER 7, 2024
The Hong Kong Chamber of Shipping was launched yesterday as a body designed to boost the city’s credentials as an international maritime centre. CY Leung, former head of the territory, is one of the chamber’s co-founders, with Hing Chao, the head of Wah Kwong Maritime Transport, serving as its chairman.
Frankenmuth Insurance
OCTOBER 10, 2024
Setting up or running the small business of your dreams? Reduce your risks with these 13 retail store safety tips: Step up your security. Minimize crime with security cameras, ample exterior lighting, and alarm systems. Ensure your security cameras cover key entrances and blind spots and invest in quality equipment. Teach team members how to turn alarms on and off.
Insurance Journal
OCTOBER 10, 2024
In the arid highlands near the town of Vergèze in southern France, the sun beats down on a small stone house as the buzz of cicadas fills the air.
Property Insurance Coverage Law
OCTOBER 11, 2024
The Florida Department of Financial Services (DFS) issued Emergency Rule 69BER24-4, which aims to address issues in the property insurance claims process. While the rule attempts to improve transparency and accountability, it raises several concerns and potential unintended consequences. It is obviously a political response to the CBS 60 Minutes documentary noted in CBS 60 … The post Stop Using Licensed Contractor Bids For Claim Estimates—A Quick Analysis of Florida’s Imperfect Emergency R
Insurance Marine News
OCTOBER 6, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post It was only a three-day strike, but huge cargo backlog sits in Atlantic appeared first on Insurance Marine News.
LexisNexis
OCTOBER 10, 2024
It has been three years since the adoption of the Corporate Transparency Act (CTA) , which went into effect at the beginning of this year, and now the first filing deadline is fast-approaching on January 1, 2025. In-house counsel at companies of all sizes are racing to get important questions answered so they can be confident they are in full compliance with the CTA’s various rules.
Insurance Journal
OCTOBER 9, 2024
Hurricane Milton could result in a $60 billion loss for the global insurance industry, creating a surge in 2025 reinsurance prices which could boost some insurance companies’ shares, analysts at RBC Capital said.
Property Insurance Coverage Law
OCTOBER 10, 2024
Every now and then, I get stumped on a property insurance question. I was asked during my flood presentation on Monday how the National Flood Insurance Program would respond to a flood claim from Hurricane Helene and one from Hurricane Milton. I told the audience, “I thought about it but did not research that topic. … The post Two Flood Claims?
Insurance Marine News
OCTOBER 6, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post September’s Russian strike on bulk carrier off Romania was probably unintentional, says MoD appeared first on Insurance Marine News.
AMAXX
OCTOBER 9, 2024
Paradigm is back as a Gold Sponsor for the 2024 National Workers’ Compensation and Disability Conference , October 15-17, in Las Vegas. While visiting booth #927 on the convention floor, you’re invited to share your passion and purpose in our What’s Your Why?: Portraits of Purpose booth experience. An onsite artist will transform your reasons into one unifying illustration—and for every response, Paradigm will make a donation to Kids’ Chance of America on your behalf.
Insurance Journal
OCTOBER 7, 2024
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, has appointed Tine Simonsen as the company’s head of Insurance for Continental Europe.
Property Insurance Coverage Law
OCTOBER 6, 2024
Florida policyholders should report any delays, underpayments, or complaints regarding an insurance company to the Florida Department of Financial Services. This is a more important step than ever before because the Florida legislature now requires complaints to be reviewed and may trigger further market conduct studies regarding insurance companies that continually do not treat policyholders … The post Hurricane Helene Insurance Delays or Underpayment in Florida?
Insurance Marine News
OCTOBER 6, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post California’s Governor Newsom vetoes Maritime Safety Bill appeared first on Insurance Marine News.
AMAXX
OCTOBER 7, 2024
Claims audits and reviews are one of the most commonly used tactics by companies to control workers’ compensation costs. In fact, according to the RIMS 2009 Annual Benchmark Survey, 90% of companies had conducted a claim audit or review of at least some of their claims within the previous six months. These audits ensure that each claim is handled efficiently and in compliance with state regulations while also identifying areas for cost containment.
Insurance Journal
OCTOBER 7, 2024
Amid inflation and labor shortages, the growing impact of electric vehicles (EVs) and rising repair costs, insurers and repairers will have a bumpy road to navigate in the year ahead, according to CCC Intelligent Solutions Inc.
Property Insurance Coverage Law
OCTOBER 5, 2024
When navigating the aftermath of a property damage claim, many homeowners seek professionals to help them secure the best possible settlement from their insurance company. Public adjusters are often considered key players in these situations because they advocate for policyholders and assist them in negotiating with insurers and ensuring a fair claim resolution.
Insurance Marine News
OCTOBER 6, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Collision in Outer Elbe, Germany appeared first on Insurance Marine News.
AMAXX
OCTOBER 8, 2024
In the world of workers’ compensation, one of the most powerful strategies for managing costs while helping injured employees return to work is the implementation of a transitional duty (TD) program. Transitional duty allows employees to return to the workplace in a modified capacity while they continue to recover from their injuries. These programs offer significant benefits, not only by speeding up recovery but also by minimizing the financial impact of workers’ compensation claims
Insurance Journal
OCTOBER 11, 2024
Storm Weakened But Still Brought 120-mph Winds to St.
Property Insurance Coverage Law
OCTOBER 10, 2024
When your home is damaged, it’s natural for most homeowners to call their insurance agent. Your agent is usually the first person who comes to mind because they sold you the policy. But insurance agents don’t handle claims. That job belongs to an adjuster. It’s important for homeowners to understand the difference between an insurance … The post The Difference between an Insurance Agent and an Insurance Adjuster appeared first on Property Insurance Coverage Law Blog.
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