Insurance Journal
AUGUST 30, 2024
Specialist Risk Group (SRG) announced the acquisition of the ongoing renewal rights of Morton Insurance Brokers, a specialist in private hire and taxi insurance across the UK since 1987. Financial details of the transaction were not disclosed.
Central Insurance
AUGUST 29, 2024
Explore how high-risk business insurance affects different industries, the factors influencing rates, and strategies to reduce risk exposure and lower premiums. The post How Does High-Risk Business Insurance Differ by Industry? appeared first on Central Insurance Blog.
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Property Insurance Coverage Law
AUGUST 30, 2024
An article by Sean Scott published this March in Restoration & Remediation Magazine, Cyanide Residues in Fire Damaged Buildings, made the following observation, which all property insurance adjusters and those involved with fire damage should be aware of: During a structure fire, toxic gases, acids, VOC’s, and a vast array of other hazardous chemicals are … The post Are We Valuing Fire Losses Accurately and Keeping Up with the Science of Fire Loss?
Splash: Finance and Insurance
AUGUST 27, 2024
Ulrik Andersen has emerged at Danish maritime investment firm J. Lauritzen after stepping down as chief executive of John Fredriksen-backed dry bulk player Golden Ocean Group last year. Andersen has come aboard J.
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
AUGUST 30, 2024
California lawmakers passed a bill to help close the pay gap between the California Department of Insurance’s fraud detectives and officers in other state agencies.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Property Insurance Coverage Law
AUGUST 29, 2024
Steve Coombs should be at least nominated for membership into the Insurance Nerds Hall of Fame. He read my post, What Is an “Other Insurance” Clause and Why Do They Exist In Property Insurance Policies? and sent Mara Essick and me numerous articles about “other insurance” clauses. Steve Coombs co-authored The Builders Risk Book with the late … The post Observations of Other Insurance Clauses and Overlapping Coverages appeared first on Property Insurance Coverage Law Blog.
Splash: Finance and Insurance
AUGUST 29, 2024
New York- and Oslo-listed tanker giant Frontline has lined up a 10-ship sale and leaseback deal in China to pay back money borrowed from controlling shareholder John Fredriksen. The deal worth up to $512.1m involves CMB Financial Leasing’s commitment to cover the refinancing of 10 suezmaxes, subject to execution of final documents, the company said.
Insurance Journal
AUGUST 28, 2024
Georgia lawmakers this year put an end to direct-action lawsuits against trucking companies’ insurers, but that did not come soon enough to bar litigation brought by people involved in accidents with ride-sharing services.
Insurance Marine News
AUGUST 26, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Singapore and other ports start screenings for mpox appeared first on Insurance Marine News.
Property Insurance Coverage Law
AUGUST 27, 2024
Good ole insurance defense attorney Steven Badger is going to love reading this post while sitting on his Royal Throne. Nationwide Insurance made the following argument to a federal judge regarding an appraisal case where the real property loss was appraised to be less than what Nationwide paid, and the remainder was never shown or … The post Preserving and Presenting Personal Property Evidence Before and After Demands For Appraisal—How Nationwide Licked a Texas Attorney appeared first on
CDC: Workers Compensation
AUGUST 30, 2024
Each Labor Day we honor workers and the role they play in building a strong and prosperous nation. Much like the first Labor Day more than a century ago, many of us mark this federal holiday with festivities such as parades or picnics. This year, as you head out to celebrate the end of summer with friends and loved ones, I urge you to take a moment to reflect on the contributions of the workers all around us.
Insurance Journal
AUGUST 28, 2024
Americans are seeking to change their insurance coverage more frequently than in the past, after a surge in premiums that’s squeezed household budgets, a new industry report shows.
Insurance Marine News
AUGUST 29, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Azerbaijan-managed vessel en route to China via Northern Sea Route: report appeared first on Insurance Marine News.
Property Insurance Coverage Law
AUGUST 26, 2024
Why do claims adjusters take so long to make decisions when decisions need to be made right away? This was a question racing through my mind while reading an Order in Radius Marketing Group, Inc. v. Continental Casualty Company, 1 a bad faith case denying the insurers’ motion to dismiss. The case is still ongoing, … The post Mold, Sewage, and Delayed Adjustments or Indecision appeared first on Property Insurance Coverage Law Blog.
AMAXX
AUGUST 26, 2024
When an employee gets injured at work, the way a supervisor responds can have a profound impact on the outcome for both the employee and the employer. To better grasp this, let’s walk through a hypothetical scenario that illustrates two different supervisor responses to an employee’s injury and explore the potential consequences of each approach.
Insurance Journal
AUGUST 30, 2024
Florida’s insurance commissioner in early August noted that rate increases by property-casualty insurers in the state have slowed significantly since 2023 legislative reforms were enacted, with 12 carriers asking for a small decrease this year and another two dozen filing …
Insurance Marine News
AUGUST 26, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Questions begin on Bayesian sinking appeared first on Insurance Marine News.
Property Insurance Coverage Law
AUGUST 28, 2024
This morning’s post, “What Is an “Other Insurance” Clause and Why Do They Exist In Property Insurance Policies?” raises the question: “How do I deal with ‘other insurance’ clauses?” Steve Figlin wrote a comment 14 years ago to the referenced post, The Other Insurance Clause, which referenced The Guiding Principles: Possibly the ‘Agreement of the Guiding Principles’ … The post Overlapping Insurance and Other Insurance Clauses—The Guiding Principles appeared first on Property Insurance Cover
AMAXX
AUGUST 27, 2024
Supervisors play a critical role in the management of workplace injuries. They are often the first to respond when an employee is hurt and are responsible for guiding both the injured employee and the organization through the post-injury process. However, supervisors frequently find themselves caught between conflicting roles: being a supportive friend to employees while also fulfilling their responsibilities to management for a thorough investigation and injury prevention.
Insurance Journal
AUGUST 30, 2024
The Texas Department of Insurance will hold two public meetings in September on the Texas Windstorm Insurance Association’s annual rate filing increase of 10% for residential and commercial properties. TDI will host a meeting on Monday, Sept.
Insurance Marine News
AUGUST 29, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Increase in iron ore fines in Goa appeared first on Insurance Marine News.
Property Insurance Coverage Law
AUGUST 27, 2024
A news story caught my attention because I keep reading quotes by politicians that the Florida insurance market has turned around. Maybe Florida’s politicians are afraid of what may happen in the November elections. The story by Jeff Deal of Action 9 News, ‘What They’re Doing is Just Rotten’: Homeowners Claim Surprise Insurance Cost Them Thousands, stated … The post “What They’re Doing Is Just Rotten”—The Current Florida Insurance Market appeared first on Property Insurance Coverage Law Bl
Rough Notes
AUGUST 30, 2024
Standing in front of Zeller Insurance with his teammates, Nate West (third from left) is well known in Columbus, Indiana, for his ’75 Ford pickup truck. Indiana agent wins PIA National Young Insurance Professional of the Year award By Christopher W.
Insurance Journal
AUGUST 30, 2024
Typhoon Shanshan, which struck southern Japan this week with heavy rain and strong winds, was likely intensified by climate change, according to a study from Imperial College London.
Insurance Marine News
AUGUST 29, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Harbourmaster submits recommendations following ferry’s hard grounding appeared first on Insurance Marine News.
Property Insurance Coverage Law
AUGUST 25, 2024
Some of you may have noticed that I am in Boston based upon the post, The Boston Insurance Library. I was invited to a CEO Summit at Harvard this weekend, and the CEOs all had this question: “What is up with our insurance premiums? Can we cut the costs?” Insurance premiums are up for everyone. Business … The post What Is Up With Insurance Premiums Other Than They Are Going Up?
LexisNexis
AUGUST 29, 2024
By Simon Weierman Lawyers must rely on the accuracy and quality of their legal research when providing counsel to clients, drafting business agreements or writing legal documents for submission to the court. Inaccurate or non-responsive results from a search of legal databases can lead a lawyer down the wrong path, jeopardizing their legal strategy and credibility.
Insurance Journal
AUGUST 30, 2024
ALVORD, Texas (AP) — Four people were killed and 10 were injured when a van rolled multiple times after the driver veered off a Texas highway and then overcorrected Wednesday, authorities said. The crash happened just before 8 a.m.
Insurance Marine News
AUGUST 29, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Greenhouse gas regulations: What are IMO’s next steps? appeared first on Insurance Marine News.
Property Insurance Coverage Law
AUGUST 24, 2024
This post is a follow-up to “Does an Umpire Have Immunity From Suit? Is an Appraisal an Arbitration in North Carolina?” The parties have filed appellate briefs on the matter and are awaiting a decision.1 Arguments for arbitral immunity made by the Umpire, O’Leary, are: The North Carolina Arbitration Act provides that arbitrators have the same … The post Are Umpires in an Insurance Appraisal Immune from Being Sued?
InsuredMine
AUGUST 27, 2024
Let’s talk about something that’s been a game-changer for the insurers today e-signatures. Remember the days when getting a policy signed meant printing out reams of paper, playing phone tag with clients, and praying that the postal service wouldn’t lose your important documents? Well, those days are going the way of the fax machine, thanks to the eSignatures.
Insurance Journal
AUGUST 27, 2024
The saga of the Murdaugh family in South Carolina continues, now with a convenience store company suing its liability insurers for failing to defend it against a second lawsuit stemming from the sale of beer to an underage Paul Murdaugh …
Insurance Marine News
AUGUST 29, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Palau suspends registration of three Russia-linked gas carriers sanctioned by the US appeared first on Insurance Marine News.
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