Insurance Journal
NOVEMBER 25, 2024
Despite four hurricanes in just over a year and significant payouts by the Florida Cat Fund, three special tax bonds have seen their ratings upgraded, the state’s insurance commissioner announced Monday.
Property Insurance Coverage Law
NOVEMBER 26, 2024
Welcome to another chapter in the ever-entertaining saga of Florida insurance regulation—where the unexpected is expected, and reality sometimes reads like satire. The latest? Florida’s insurance regulators are serving subpoenas on a critic who dared to spotlight glaring issues in the insurance industry. Yes, you read that right. Instead of addressing the industry’s woes, they’ve … The post Florida Insurance Regulators Perfect Their Aim—At the Wrong Target!
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Splash: Finance and Insurance
NOVEMBER 26, 2024
Shipping might be a multi-trillion dollar industry and the backbone of world trade, but it is infinitesimally small in the minds of investors. New research from US-based Cavalier Shipping shows that less than 79 US cents out of every $1,000 invested in the US stock market goes to shipping and offshore companies.
Insurance Marine News
NOVEMBER 28, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Chinese ship dragged anchor for 100 miles, cutting two cables, says WSJ appeared first on Insurance Marine News.
Advertiser: Trellis
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
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Insurance Journal
NOVEMBER 27, 2024
Cyberattacks cost UK businesses approximately £44 billion (US$55.3 billion) in lost revenue over the past five years, according to research published by Howden, the London-based insurance intermediary group. Half of those businesses (52%), or 1.
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PSM Brokerage
NOVEMBER 26, 2024
Open Enrollment is the Super Bowl of ACA sales—a high-stakes, fast-paced period where agents have a golden opportunity to grow their business. But with so many competing priorities and the limited time frame, it’s crucial to have a clear plan of action to optimize your success. Whether you’re a seasoned agent or new to the ACA market, these proven strategies can help you stand out, close more sales, and make the most of Open Enrollment. 1.
Insurance Marine News
NOVEMBER 28, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Pierpoint moves to Miller Insurance Services appeared first on Insurance Marine News.
Insurance Journal
NOVEMBER 27, 2024
Florida’s chief financial officer, Jimmy Patronis, whose office oversees insurance agent and adjuster licensing, along with insurance fraud investigations, plans to step down and run for Congress next year.
AMAXX
NOVEMBER 26, 2024
In the final part of our return-to-work ( RTW ) series, we explore common mistakes made in RTW programs and how they can be addressed to improve outcomes. Often, simple adjustments can lead to significant positive changes, making the return-to-work process smoother, more efficient, and less costly for both employers and employees. Let’s take a look at some of the pitfalls and how to effectively avoid them.
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
Splash: Finance and Insurance
NOVEMBER 27, 2024
Louisiana-based Maritime Partners is celebrating the closing of a $750m, first-of-its-kind warehouse facility, which will be collateralised by three wholly owned business lines within one of its managed funds with a syndicate of lenders led by ATLAS SP Partners.
Insurance Marine News
NOVEMBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post American Club renewal: overall target of 7% increase appeared first on Insurance Marine News.
Insurance Journal
NOVEMBER 27, 2024
A Wisconsin man has been charged with defrauding the Federal Crop Insurance Program, the U.S. Attorney’s Office for the Western District of Wisconsin announced. Lance G. Meier, 52, Ogema, is charged with defrauding the federal crop insurance program.
Property Insurance Coverage Law
NOVEMBER 29, 2024
State Farm has been the subject of many questions and comments during my presentations over the past several years. So, I became intrigued by the company’s tooth-and-nail fight against a customer over an alleged hail-damaged roof that was replaced for only $18,740. This recent federal court decision from Alabama highlights the growing importance of causation expert … The post State Farm Wins Alabama Worn Out Roof Damage Case: Lesson About Hail Damage Cases, Expert Testimony, and Inve
Your Journey With Jennie
NOVEMBER 27, 2024
Snarky? Maybe. True? 100%! Hi, I’m Jennie Wolek, and I know that building success in this business isn’t easy—but it’s worth every bit of effort. I’m working on and in my business EVERY SINGLE DAY, focusing on improvement for myself, my team, and the systems that keep us moving forward. Here’s the truth: The hustle doesn’t stop —not at the start, and not even when you’ve "made it.
Insurance Marine News
NOVEMBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Britannia goes for 7.5% rate increase appeared first on Insurance Marine News.
Insurance Journal
NOVEMBER 27, 2024
Insurance broker Aon plc announced it has signed a definitive agreement to acquire the in-house insurance agency business of Mitsubishi Chemical Group (MCG), enhancing Aon’s risk and health capability offering in Japan. Financial details of the deal were not disclosed.
Property Insurance Coverage Law
NOVEMBER 28, 2024
Thanksgiving has left me reflecting on what it means to be truly wealthy. It’s not the material things we gather but the moments spent with those we love, the freedom to pursue our passions, and the awe-inspiring beauty of the world around us. These are the treasures that fill our hearts and enrich our lives. … The post Giving Thanks for What Truly Matters appeared first on Property Insurance Coverage Law Blog.
Splash: Finance and Insurance
NOVEMBER 28, 2024
Glasgow-based subsea specialist Sulmara has secured a capital injection from BGF, one of the largest and most experienced growth capital investors in the UK and Ireland BGF is investing around $19m in Sulmara, which since its establishment in 2019 has grown rapidly to more than $70m annual revenue, delivering a compound annual growth rate of …
Insurance Marine News
NOVEMBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Swedish Club renewal: further details appeared first on Insurance Marine News.
Insurance Journal
NOVEMBER 26, 2024
National insurance broker World Insurance Associates LLC reports it acquired NorthStar Insurance Services of Needham, Massachusetts on July 1, 2024. Terms of the transaction were not disclosed.
Property Insurance Coverage Law
NOVEMBER 27, 2024
A recent federal court decision from the Eastern District of Louisiana provides an important warning about appraiser fee arrangements that could invalidate an entire appraisal award.1 In Kennedy v. GeoVera Specialty Insurance Company, the court granted the insurer’s motion to strike a $146,436.65 appraisal award after finding the policyholder’s appraiser’s fee arrangement violated policy requirements … The post Appraisal Award Vacated Due to Appraiser’s “Flat
Frankenmuth Insurance
NOVEMBER 27, 2024
Whether you’re installing a new part, completing a paint job, or rebuilding a vehicle, no two auto service repair shop jobs are the same. Each one brings different risks and challenges, which is why protecting your employees, and your business, should be your top priority. Not sure where to start? We’re sharing our expert tips for auto service repair shops: Wear shoes with non-slip soles.
Insurance Marine News
NOVEMBER 28, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post STS of oil finds new Greek location appeared first on Insurance Marine News.
Insurance Journal
NOVEMBER 26, 2024
Tennessee has seen a 25% jump in the number of insurance producer licenses in the past five years, an increase that regulators have attributed to a population boom in the state and easy access to producer exams.
Property Insurance Coverage Law
NOVEMBER 24, 2024
Insurance policies that provide broad coverage across multiple items or locations can be a policyholder’s best friend. A recent federal court decision in Louisiana 1 highlights the complexities in determining whether a policy provides blanket or scheduled coverage – a distinction that can significantly impact claim payments. The Louisiana case involved a hydrocarbon production facility damaged … The post When Is a Policy “Blanket”?
LexisNexis
NOVEMBER 25, 2024
TRAC, Nov. 25, 2024 "Wide differences in Immigration Judge asylum denial rates are evident across many Courts in the latest release of TRAC’s Immigration Judge report series. These new reports update each judge’s asylum decisions over the past six years through September 2024. The series includes 823 individual judge reports covering each of the 66 current Immigration Courts. [1] Where these judges were based is shown in Figure 1.
Insurance Marine News
NOVEMBER 28, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post IACS withdraws UR H1 ‘Control of Ammonia Releases in Ammonia Fuelled Vessels’ appeared first on Insurance Marine News.
Insurance Journal
NOVEMBER 26, 2024
While the insurance industry is quickly adopting AI technologies to improve the speed and accuracy of routine functions, analyze data and assess risk, malicious actors use the same tech to disrupt business and profit from cyberattacks.
Property Insurance Coverage Law
NOVEMBER 23, 2024
A recent court decision highlights why policyholders need to understand both the benefits and limitations of Inflation Guard Endorsements in their property insurance policies. While these endorsements aim to protect against underinsurance, they may not provide the complete protection many assume they do. Inflation guard endorsements automatically increase coverage limits using a formula determined by … The post Inflation Guard Endorsements: A Possible Double-Edged Sword for Property Insura
Elmore
NOVEMBER 29, 2024
A combination would redraw the UK insurance market The post What next in Aviva’s bid for Direct Line? appeared first on Elmore Insurance Brokers.
Insurance Marine News
NOVEMBER 24, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Russia resumes STS LNG transfers appeared first on Insurance Marine News.
Insurance Journal
NOVEMBER 26, 2024
Walmart Inc. is reversing course on diversity, equity and inclusion initiatives, joining a growing list of businesses retreating on DEI programs targeted by conservative activists.
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