Insurance Journal
DECEMBER 15, 2024
When analysts at AM Best reviewed outlooks for the property/casualty insurance and reinsurance sectors this week, recent good news of a change in outlook for personal linesand for the personal auto insurancewere the first highlights.
Property Insurance Coverage Law
DECEMBER 20, 2024
When it comes to Santas Naughty or Nice list, Jeff Jackson is trying very hard to raise his status to nice. Jackson is the most senior executive of the National Flood Insurance Program (NFIP.) Jackson extended the deadline for policyholders to file their Hurricane Helene or Milton flood proofs of loss to 180 days. The … The post National Flood Proofs of Loss for Hurricanes Helene and Milton Extended to 180 Days appeared first on Property Insurance Coverage Law Blog.
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Central Insurance
DECEMBER 20, 2024
Are you sure your business is adequately insured? From building coverage to asset protection, we're breaking down the essentials every small business owner needs to know. The post What Building Insurance Do I Need for My Business? appeared first on Central Insurance Blog.
Insurance Marine News
DECEMBER 18, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Syrias ports working normally as Ukraine looks to supply staple foods appeared first on Insurance Marine News.
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Insurance Journal
DECEMBER 20, 2024
Liberty Mutual Holding Co. is considering a sale of its businesses in Thailand and Vietnam as the US insurer seeks to streamline its operations, according to people familiar with the matter.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Central Insurance
DECEMBER 17, 2024
Running a food truck comes with unique risks. Learn about the essential insurance coverages to protect your business from unexpected events. The post 9 Types of Insurance for Food Trucks appeared first on Central Insurance Blog.
Insurance Marine News
DECEMBER 18, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Russian shadow fleet vessels passing through Baltic to be checked for insurance appeared first on Insurance Marine News.
Insurance Journal
DECEMBER 20, 2024
Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire pressure monitoring system (TPMS).
Property Insurance Coverage Law
DECEMBER 17, 2024
Collapse cases and collapse coverage are often complex. A recent builders risk insurance dispute out of Tennessee 1 involving collapse caught my attention because of the opening facts recited by the court: How many fallen bricks does a collapse make? Parties can contract to answer that question however they want. Here, Tahini Main Street and … The post When is a Collapse Not a Collapse?
The Insurance Pro
DECEMBER 20, 2024
If I had to pick one, and only one, additional feature of whole life insurance, it is hands down the paid-up additions feature. Even if I lose the ability to blend death benefit, if I still have the PUA feature, I'm in a position to augment policy value. This very special aspect of whole life. Keep Reading The post Why Paid-Up Additions Matter appeared first on The Insurance Pro Blog.
Insurance Marine News
DECEMBER 18, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post A third Russian tanker issues distress signal near Kerch Strait appeared first on Insurance Marine News.
Insurance Journal
DECEMBER 19, 2024
US authorities have reached a settlement to resolve a whistleblower case alleging that a New York state health insurer systematically defrauded the federal Medicare program by exaggerating how sick members were in order to boost profits.
Property Insurance Coverage Law
DECEMBER 19, 2024
The last time Edward Badiu sent me an out-of-the-blue text message, it was about two hours after the Champlain Towers collapsed. This time, it was about the passing of John Pepper. I have many memories of John Pepper.One of the longest-lasting was on April 19, 1995. I was taking another Hurricane Andrew deposition of John. … The post John Pepper Passes appeared first on Property Insurance Coverage Law Blog.
Splash: Finance and Insurance
DECEMBER 19, 2024
US asset management firm EnTrust Global is set to launch a voluntary cash tender offer to take over Norwegian bulker owner Belships. Blue Northern, a special purpose vehicle formed by funds managed by the Blue Ocean maritime investment team at EnTrust, will offer NOK20.
Insurance Marine News
DECEMBER 18, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Agile launches marine division with Hughes as head appeared first on Insurance Marine News.
Insurance Journal
DECEMBER 19, 2024
The U.S.
Property Insurance Coverage Law
DECEMBER 16, 2024
When it comes to insurance roofing and restoration contracting, I often wonder if the construction contract is enforceable. A recent Florida case, Florida Roof Specialists, Inc. v. Gloria A. Arthur, 1 highlights the dangers contractors face when contracts lack essential legal elements. This ruling serves as a cautionary tale for insurance restoration contractors and roofers … The post Roofers and Restoration Contractors Need to Nail Down Contract Terms: Unenforceable Agreements in the Insu
Splash: Finance and Insurance
DECEMBER 16, 2024
Pursuant to a shareholder vote next month, London-listed dry bulk concern Taylor Maritime Investments will change its name to Taylor Maritime Limited.
Insurance Marine News
DECEMBER 18, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Tim S. Dool refloated after three weeks aground in St Lawrence River appeared first on Insurance Marine News.
Insurance Journal
DECEMBER 20, 2024
Montana’s Supreme Court upheld a landmark climate ruling that said the state was violating residents’ constitutional right to a clean environment by permitting oil, gas and coal projects without regard for global warming.
Property Insurance Coverage Law
DECEMBER 15, 2024
I have a vision of Amy Bach, the Executive Director of United Policyholders, jumping for joy as she read the North Carolina Supreme Court opinion, which the insurance industry must think of as a Friday the 13th ruling. The court noted its conclusion early in the opinion: Because a reasonable policyholder in the restaurants shoes … The post Policyholders Win a Covid Case!
Splash: Finance and Insurance
DECEMBER 17, 2024
China Merchants Energy Shipping (CMES) has struck a lease deal for a pair of scrubber-fitted newcastlemax bulker newbuilds delivering in 2026. The Shanghai-listed diversified shipping arm of China Merchants Group said in a filing it would be paying around $100m to take 210,000 dwt vessels on charter from China Merchants Financial Leasing for five years.
Insurance Marine News
DECEMBER 18, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post US hits Russian shipping companies with new sanctions appeared first on Insurance Marine News.
Insurance Journal
DECEMBER 20, 2024
Social inflation will continue to be a top concern for insurers and reinsurers in 2025 with US liability claims increasing by 57% during the past decade and nuclear verdicts rising in frequency, said Swiss Re, pointing to jury awards above …
Property Insurance Coverage Law
DECEMBER 14, 2024
Death, divorce, disease, disability and wealth often lead to situations where people may change homes or have multiple places to live. Anytime these happen, policyholders need to be careful that their residential insurance policies do not stop providing full coverage. This is a significant issue, as I noted in Residence Premises and Other Killer Exclusions, … The post The Importance of Understanding Residence Premises in Homeowners InsuranceWhere You Reside Is Often an Important Coverage I
LexisNexis
DECEMBER 19, 2024
Emery Celli Brinckerhoff Abady Ward & Maazel LLP, Dec. 18, 2024 "Under a legal settlement presented to the court today by ECBAWM and Benno & Associates, P.C., New York City has agreed to pay up to $92.5 million to resolve claims by individuals who were unlawfully detained by the NYC Department of Correction between April 1, 1997 and December 21, 2012.
Frankenmuth Insurance
DECEMBER 19, 2024
You may be on social media, but are you maximizing your presence? With 71% of small- and medium-sized businesses utilizing these platforms, knowing effective ways to promote your business on social media is crucial. Here are eight essential strategies to boost your social media impact and promote your brand. Leverage social media ads. While organic reach is valuable, investing in social media ads can significantly boost your visibility.
Insurance Journal
DECEMBER 20, 2024
It appears another insurance carrier is turning sour on wildfire-prone California. Safeco, a Liberty subsidiary, is preparing to stop writing new condo and rental policies in California at the beginning of next year.
AMAXX
DECEMBER 19, 2024
In a groundbreaking group dynamics exercise, Peter Skillman, an engineer, conducted a fascinating study across several universities, including Stanford, University of California, and Tokyo University. The challenge was simple yet revealing: participants had to build the tallest tower possible using 20 pieces of uncooked spaghetti, one yard of transparent tape, one yard of string, and a single marshmallow, which had to sit on top of the tower.
LexisNexis
DECEMBER 17, 2024
[It's been happening for decades; this is just the most recent example.] Cory McCord, KHOU, Dec. 16, 2024 "A Houston man is fighting back after they said Immigration and Customs Enforcement Agency agents unexpectedly deported his wife and four children last week. It happened on Wednesday, Dec. 11, according to attorneys. Federico Arellano Jr. was there when ICE took his wife and children.
PSM Brokerage
DECEMBER 20, 2024
Becoming an insurance agent is an exciting career path that offers flexibility, financial growth, and the opportunity to help people secure their health and financial well-being. For those planning to specialize in health insurance, Medicare products, and ancillary offerings like dental and vision insurance, the possibilities are even greater. However, getting started requires understanding the steps and costs involved.
Insurance Journal
DECEMBER 20, 2024
Group of Seven nations are exploring ways to toughen the price cap on Russian oil as they seek to better target Moscow’s ability to fund its war against Ukraine, according to people familiar with the matter.
Cowbell
DECEMBER 20, 2024
Although executive protection is not a new concept, it is increasingly becoming one of the responsibilities associated with CISOs and their teams, who are expected to protect key employees from third-party threat actors. So what exactly does executive protection entail? At the highest level, it is a comprehensive security solution designed to address physical and cyber threats against executives, VIPs and other high-value individuals.
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