Insurance Journal
NOVEMBER 20, 2024
New research reveals serious privacy flaws in the data practices of new internet connected cars in Australia. It’s yet another reason why we need urgent reform of privacy laws. Modern cars are increasingly equipped with internet-enabled features.
Property Insurance Coverage Law
NOVEMBER 18, 2024
The 1802 New York Supreme Court case of Lenox v. United Insurance Company 1 offers timeless guidance on the distinction between preliminary “proof of loss” requirements and “proof” evidence required at trial. This distinction remains critically important for today’s insurance practitioners and policyholders alike. This post is a follow-up to Where Did the Proof of Loss … The post Proof of Loss Requirements: A 222-Year-Old Case Still Relevant for Modern Insurance Claims appeared first
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LexisNexis
NOVEMBER 19, 2024
By Serena Wellen & Min Chen There’s an entirely new category of generative AI that’s rapidly emerging – with the express purpose of making your legal work easier and faster. If you haven’t already heard, there’s a new buzz about Microsoft Copilot agents. These are conversational AI assistants designed for Microsoft 365 Copilot, which harness the power of customized Large Language Models (LLMs), like ours at LexisNexis, to extend Microsoft 365 Copilot.
Splash: Finance and Insurance
NOVEMBER 18, 2024
The city has plenty of core strengths when it comes to providing capital to shipping. The latest installment from our brand new magazine being distributed across Hong Kong Maritime Week.
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Insurance Journal
NOVEMBER 19, 2024
New York City has issued its first drought warning in 22 years after months of little rain — and will restart the flow of drinking water from an out-of-service aqueduct as supplies run low.
Property Insurance Coverage Law
NOVEMBER 19, 2024
The truth about Florida’s property insurance market requires honest discussion, even when it means acknowledging valid points from all sides. However, this candor only reinforces the troubling reality facing Florida’s policyholders. I was reading an article, Insurance Organization CEO Michael Carlson Tackles Industry’s ‘Hot Topic’ in Florida, which stated in part: Reports that Florida carriers … The post A Frank Discussion About Florida’s Insurance Crisi
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Cowbell
NOVEMBER 18, 2024
Black Friday and Cyber Monday are synonymous with big sales, increased online shopping, and higher retail volumes—both in stores and online. But these high-traffic days also mark a peak period for cybercriminals looking to exploit the surge in consumer activity, stressed systems, and distracted employees. As the shopping frenzy begins, it’s crucial to remain vigilant about cybersecurity to prevent disruptions or breaches that could leave your business vulnerable well after the deals are over.
Insurance Journal
NOVEMBER 19, 2024
A man was arrested on suspicion of intentionally setting brush fires in Massachusetts during a time of dry conditions that have led to blazes throughout the Northeast, police said Monday.
Property Insurance Coverage Law
NOVEMBER 20, 2024
Professor Jay Feinman, Co-Director of the Center for Risk and Responsibility, has prepared an analysis of the $308.6 billion figure that concludes it is pure misinformation. 1 The methodology used to arrive at fraud figures given to the media and cited publicly to government authorities by these propagandists is unsound. For example, the Coalition Against … The post When Do Insurance Company Lobbyists and Trade Association Supporters Lie About Insurance Fraud Statistics?
AMAXX
NOVEMBER 19, 2024
The return-to-work ( return to work ) process is challenging under the best of circumstances. When union and non-union environments come into play, it introduces additional dynamics that require careful management and understanding. The key to successfully navigating these environments lies in building trust, ensuring dignity and respect, and understanding the different structures that affect decision-making.
Splash: Finance and Insurance
NOVEMBER 19, 2024
CDB Leasing has been tied to a triple kamsarmax bulker sale through an auction. Multiple brokers report the Hong Kong-listed leasing unit of China Development Bank has offloaded the 2015-built CL Rizhao and the 2016-built CL Singapore and CL Tianjing for around $68.5m.
Insurance Journal
NOVEMBER 17, 2024
By Andrew Simpson A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the loss of a digital currency does not involve a “direct physical loss” as required by the policy.
Property Insurance Coverage Law
NOVEMBER 16, 2024
The recent Oregon federal court decision in Wilson v. Liberty Insurance Corporation serves as a stark reminder that invoking appraisal may be a one-way street with no turning off or around allowed. 1 The case offers important lessons for policyholders, insurers, and their representatives about the binding nature of appraisal provisions once triggered.
Zywave
NOVEMBER 20, 2024
Digital threats are evolving by the hour. In order for organizations to thrive, they need to focus on resilience. In this exclusive CyXcel executive interview, two leading experts in the field, Dr. Megha Kumar, Partner, Chief Product Officer, and Head of Geopolitical Risk, and Jack Horlock, Principal Associate, share their invaluable insights into the future of cyber risk.
Splash: Finance and Insurance
NOVEMBER 18, 2024
The New York Shipping Exchange (NYSHEX) has received investment from Intercontinental Exchange (ICE) and will proceed with plans to launch its own series of container freight indices next year.
Insurance Journal
NOVEMBER 19, 2024
President Joe Biden’s administration is seeking $98.6 billion in emergency disaster relief funding from Congress to address the devastation from recent back-to-back hurricanes that hammered the US southeast and left billions in damage.
Property Insurance Coverage Law
NOVEMBER 17, 2024
Do you know the historical origins of a property insurance policy’s proof of loss requirement? I love my fellow property insurance coverage nerd readers of this blog. One of them, attorney Tom Hamrick, wrote a comment to Insurance Company’s Two-Year Claims Handling Waives Proof of Loss Requirement: There’s a good deal of confusion as to … The post Where Did the Proof of Loss Requirement in a Property Insurance Policy Originate?
Agency Intelligence
NOVEMBER 20, 2024
In today’s fast-paced, service-driven world, insurance agencies know that efficient communication is essential for success. Having a reliable, high-quality, and fully integrated VoIP system is no longer just an option; it’s a must-have for any agency aiming to grow its client base and deliver exceptional customer service.
Splash: Finance and Insurance
NOVEMBER 18, 2024
Fast-expanding offshore wind vessels pureplay Cyan Renewables has secured backing from Australia’s TCorp. The funding arm of Australia’s most populous state, New South Wales, said it had acquired an interest in Cyan with an initial investment of over $100m, with plans for further cash injections to support the Singapore-based company’s growth.
Insurance Journal
NOVEMBER 20, 2024
The lawyer for a former cast member of the “Real Housewives of New York” told a federal judge Thursday that the First Amendment cannot shield the show’s creators from a lawsuit alleging that the show’s participants were subjected to a …
LexisNexis
NOVEMBER 20, 2024
LexisNexis® CounselLink+™ has been honored with the prestigious title of "Contract Lifecycle Management Platform of the Year" in the 2024 LegalTech Breakthrough Awards. This recognition highlights our commitment to driving innovation and excellence in the global legal industry. Revolutionizing Contract Lifecycle Management CounselLink+ represents the next generation of contract lifecycle management, seamlessly integrating our Enterprise Legal Management (ELM) and Contract Lifecycl
TGS
NOVEMBER 20, 2024
TGS Insurance » Blog Does Credit Score Affect Home Insurance? A Closer Look If you’ve ever applied for home insurance and wondered why your credit score comes into play, you’re not alone. It’s one of those questions that might catch you off guard—after all, what does borrowing history have to do with insuring your home? Turns out, quite a bit. Let’s explore how and why your credit score affects your home insurance , what insurers are really looking at, and what you can do to keep your premiums m
Zywave
NOVEMBER 20, 2024
2024 is rapidly coming to an end, and that means it’s time to get ready for 2025. If you want to unlock more success in the new year, then you need to understand 2025 market trends and have a solid plan in place. Get the insights you need to be a competitive player in the market and set yourself up for your best year. What are the Developments and Trends to Watch in 2025?
Insurance Journal
NOVEMBER 19, 2024
U.S. officials would allow increased logging on federal lands across the Pacific Northwest in the name of fighting wildfires and boosting rural economies under proposed changes to a sweeping forest management plan that’s been in place for three decades.
Insurance Marine News
NOVEMBER 20, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Iran calls new sanctions against it “unjustified” and breach of international law appeared first on Insurance Marine News.
ProWriters
NOVEMBER 18, 2024
As 2024 unfolds, the Directors and Officers (D&O) Insurance market is hitting yet another turning point. After several years of dramatic rate fluctuations, insurers, brokers, and businesses are bracing for what could be a defining year for D&O premiums. With rising litigation risks, emerging industries, and a more competitive marketplace, the question remains: Will the soft market continue, or are we in for another shake-up?
Leadsurance
NOVEMBER 19, 2024
How to Reduce Home Insurance Premiums without Compromising on Coverage Home insurance is many people’s key protector; it provides one with the needed cover once loss or damage occurs. For most people, it does not come rather cheaply. The good news is that one can reduce home insurance premiums without necessarily sacrificing the cover that you get.
Insurance Journal
NOVEMBER 18, 2024
The U.S. Chemical Safety and Hazard Investigation Board (CSB) released an update on its investigation into the hazardous ammonia release at a food processing facility in Sterling, Virginia that injured dozens of employees.
Insurance Marine News
NOVEMBER 20, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Nigerian pirate charged with previous piracy offence appeared first on Insurance Marine News.
Boyle Agency Insurance
NOVEMBER 19, 2024
Various Types of Life Insurance Life Insurance for NJ individuals and families can be available in various forms. A good option for homeowners with a mortgage is Term Life Insurance in the form of Mortgage Protection Insurance. This kind of Term Life Insurance helps protect your home if you suffer a financial hardship. This may be due to a death in the family, a serious injury or illness, or a temporary loss of income.
PSM Brokerage
NOVEMBER 19, 2024
Helpful Resources to Help Grow Your Insurance Practice As an insurance agent, navigating the complexities of the industry can feel overwhelming at times. Between staying compliant, generating leads, marketing effectively, and closing sales, it can seem like you’re wearing all the hats in your business. That’s where having a trusted partner makes all the difference.
Insurance Journal
NOVEMBER 18, 2024
A pair of small earthquakes were reported in Southern California’s Inland Empire on Saturday, according to the U.S. Geological Survey. The first magnitude 3.5 earthquake occurred at 2:17 p.m. northwest of Fontana. It was 1.
Insurance Marine News
NOVEMBER 20, 2024
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post BOEM pushes on with California offshore wind development, despite political uncertainty appeared first on Insurance Marine News.
LexisNexis
NOVEMBER 19, 2024
In the world of the corporate legal department, an ELM platform provides the foundation for technology that unifies the workspace. For those who don’t know the meaning of an ELM platform, it is an enterprise legal management solution that the legal team and legal operations professionals can use for collaboration, streamlined workflow, matter management, financials, contract lifecycle management, vendor management, and much more.
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