Tue.May 06, 2025

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NFIP Escapes Payment with Form Over Substance Rules: The Need for Reform of the National Flood Insurance Program

Property Insurance Coverage Law

A recent appellate decision in Woodland Villas Condominiums v. Wright National Flood Insurance Company 1 highlights a harsh reality for policyholders seeking to recover under the National Flood Insurance Program (NFIP).Strict compliance with federal procedural requirements, especially the federal proof of loss requirement, can override substantive claims for damages, even when there is no real … The post NFIP Escapes Payment with Form Over Substance Rules: The Need for Reform of the Nation

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Port operations in Bandar Abbas still badly affected

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Port operations in Bandar Abbas still badly affected appeared first on Insurance Marine News.

Marine 101
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Doubling Down on Insurance Marketing: Build Your Brand When Others Pull Back

Neilson Marketing Services

When budgets tighten, marketing is sometimes one of the first things on the chopping block. It feels logical cut the non-essentials to save money. If youre in insurance, however, and youre thinking about pulling back on your insurance marketing , think again. Now is exactly the time when you need to lean in. People are re-evaluating everything: what they spend, how they protect their families, and which businesses they trust including their insurance providers.

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NGO claims that Malta will not let drone-hit vessel into port

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post NGO claims that Malta will not let drone-hit vessel into port appeared first on Insurance Marine News.

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Leverage Trellis Court Data To Identify More Investment Opportunities

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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From First-Day to Fully Trained: The Overlooked Power of Onboarding in Injury Prevention

AMAXX

Most companies understand onboarding as a box to checkhand the employee manual to a new hire, give them a tour, and hope they learn quickly by doing. But whats often missed is that onboarding is one of the most critical safety tools in a companys injury prevention strategy. Injury rates dont spike after years on the jobthey surge within the first few days and weeks of employment.

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Blog Post: Will Other States Follow Arkansas in Allowing Parents to Sue Social Media Companies?

LexisNexis

On April 21 Arkansas Gov. Sarah Huckabee Sanders (R) signed into law a bill giving parents the right to sue social media companies for harms caused by their content. The measure, SB 612 , establishes a private right of action for parents to sue social media companies that knowingly or willfully contribute to harmful behaviors by minors through the content they publish.

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How to Change Home Insurance with Escrow: A Step-by-Step Guide

TGS

TGS Insurance Blog Sajeduil- stock.adobe.com Changing your home insurance when your mortgage includes an escrow account can seem daunting, but it doesnt have to be. At TGS Insurance, were here to simplify the process for you. This guide will walk you through how to change home insurance with escrow, ensuring a smooth transition without disrupting your mortgage payments.

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Blog Post: Why A Contract Playbook Is A Good CLM Tool

LexisNexis

Before we dive into the what and why of contract playbooks in the legal department, its important to explore contract lifecycle management , what that is, and why it is important to the legal team in a corporate enterprise environment. What Is Contract Lifecycle Management In the legal department, contract lifecycle management software integrates with enterprise legal management software.

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The Hidden Costs of a Bad Hire: Why Employers Can’t Afford to Ignore Hiring Risks

AMAXX

Hiring new employees is often viewed as a fast-paced race to fill open roles. Production deadlines are looming, teams are understaffed, and the pressure to get someone in the door often outweighs the discipline of a thorough vetting process. But when it comes to the workers compensation system, a rushed or poorly evaluated hire can be far more costly than leaving a role vacant for a few extra weeks.

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Take the Hassle Out of Claims Management

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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Additional progress in salvage of MSC Baltic III

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Additional progress in salvage of MSC Baltic III appeared first on Insurance Marine News.

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From Integrity Tests to Physical Exams: A 6-Step Hiring System to Reduce Workers’ Comp Claims

AMAXX

Hiring is more than finding the right resume or filling a seatits the first and most important line of defense in preventing workplace injuries and reducing workers comp costs. Employers struggling with first-year injuries, high turnover, or repeat claims often have something in common: a reactive hiring process. Theyre moving fast, skipping steps, and taking on avoidable risk.

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Maersk Sana will have to wait a few days for salvage tug

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Maersk Sana will have to wait a few days for salvage tug appeared first on Insurance Marine News.

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Smaller shipowners in danger: Geneva Dry risk workshop

Splash: Finance and Insurance

It was a standing room during a specialist workshop at the opening day of the second edition of Geneva Dry that saw panellists turn their attention to various aspects of risk management for dry bulk shipowners and operators.

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Explore the New PSM Marketing Hub Catalog

PSM Brokerage

The Secret Sauce to Standing Out as an Agent? We've Got It. Lets be realmarketing your insurance business can feel like trying to build IKEA furniture without instructions. You know what it should look like, but getting there? Thats another story. Thats where the PSM Marketing Hub steps in. We just dropped our brand-new Marketing Hub Catalog , and its packed with the kind of stuff that makes agents look like marketing proseven if theyve never opened Canva in their life.

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Mastering Inland Marine Insurance: A Broker’s Guide

Distinguished

Imagine a contractor arriving at a job site only to find their $250,000 excavator stolen overnight. Or a trucking company facing a total loss after a rollover accident destroys both the vehicle and its cargo. Without inland marine coverage, these businesses would face significant financial losses that standard property insurance doesnt cover. Despite its name, inland marine insurance has nothing to do with boats.

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Syndicate Results 2024 No. 24 Munich Re 1840

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Syndicate Results 2024 No. 24 Munich Re 1840 appeared first on Insurance Marine News.

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Blog Post: IA Addresses Shortage of Birth Centers & AL Advancing Higher Age Threshold for Consent to Medical Care

LexisNexis

IA Enacts Law Addressing Shortage of Birth Centers Iowa Gov. Kim Reynolds (R) signed a bill ( HF 887 ) exempting freestanding birth centers from having to obtain a certificate of need from the states Department of Inspections, Appeals and Licensing to operate. Birthing services are currently in short supply in the state, with at least 41 hospitals, mostly in rural areas, having closed their labor and delivery units since 2000. ( CEDAR RAPIDS GAZETTE ) Bill Raising Age of Consent for Medical Care

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Shipowners’ Club reports a 98.8% combined ratio for 2024 and “strong capital position”

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Shipowners Club reports a 98.8% combined ratio for 2024 and strong capital position appeared first on Insurance Marine News.

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LTC Insurance 101 Presentation

PSM Brokerage

Give Clients a Clear, Confident Path to Long-Term Care Planning Our LTC Insurance 101 Presentation Is Ready for You and Well Customize It to Fit Your Brand Helping clients plan for long-term care can feel overwhelming not just for them, but sometimes for the agent too. Thats why weve created a clean, professional Long-Term Care Insurance 101 presentation designed to make your job easier and your conversations more impactful.

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MEPC update from Britannia

Insurance Marine News

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Blog Post: Courtroom 2.0: AI's Bold New Frontier

LexisNexis

Civil Litigations new article delves into how breakthrough technologiesfrom DeepSeek's expansive reasoning model to OpenAIs innovative Deep Researchare beginning to transform courtroom dynamics. Our experts highlight how these tools can unlock new avenues for analyzing complex evidence and address the significant risks to offer a balanced perspective for those seeking to harness technological advances while navigating the emerging challenges in modern litigation.

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Marine round-up : 7th May 2025

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 7th May 2025 appeared first on Insurance Marine News.

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Blog Post: Proposed Social Media Ban for Minors in TX, Data Privacy Lawsuit Against Roku in MI & More

LexisNexis

TX Taking Tougher Stance on Social Media for Kids The Texas House passed a bill ( HB 186 ) that would ban social media accounts for anyone under the age of 18. The measure would also allow parents to request the deletion of their childs social media account and require social media companies to comply within 10 days. The House also passed HB 499 , which would require social media platforms to carry warning labels indicating that social media use may be harmful to the mental health of minors.

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Word & Brown: The GA Partnership That Grows With You

Word & Brown

When youre an independent insurance sales professional, whether you work alone or with others, you can benefit from having a general agency (GA) partner. A GA can offer you a roster of products, services, technology, support, and more, A GA can help you and your business reach the next level. But what you get from your broker/GA relationship depends on your GA.

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Blog Post: FTC's New Privacy Vision: Balancing Innovation and Protection in the Digital Age

LexisNexis

In last weeks policy speech to the International Association of Privacy Professionals, FTC Commissioner Melissa Holyoak outlined the Republican majority's vision for data privacy, emphasizing the need to balance privacy harms with the benefits of innovation in AI and digital technologies. She stressed the importance of enforcing existing laws without overextending legal authorities, aiming for a predictable regulatory environment that fosters technological growth and competition.

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White House reverses Biden administration bonding rule on offshore decommissioning

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post White House reverses Biden administration bonding rule on offshore decommissioning appeared first on Insurance Marine News.

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Blog Post: When You Decide to Level Up Your Solar Energy Project With Battery Backup

LexisNexis

The truth is that the sun isnt always shining. Help your clients enhance their new solar energy projects by understanding the complexities and local laws related to the addition of battery storage. By helping your clients add industrial-scale storage capacity to their projects, or micro-storage capacity to local or residential projects, you can help them qualify for government funding and breeze through the interconnect process with local or regional utility providers.

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Perils of the sea: Singapore court decision on CTL

Insurance Marine News

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Blog Post: Nasdaq's Tighter IPO Rules Raise Bar For Small Companies

LexisNexis

The Nasdaq stock market is attempting to tame volatility by making changes to their initial listing rules. The changes affect how public float is calculated and raise the minimum amount of public float to $15 million, except for companies that report above a minimum level of net income. Read this article for further details about Nasdaqs changes to its IPO rules.

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Passenger arrested on murder charge after death on MSC cruise ship

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Passenger arrested on murder charge after death on MSC cruise ship appeared first on Insurance Marine News.

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Blog Post: The Art of Limiting Liability: Key Strategies in M&A Indemnification

LexisNexis

Indemnification provisions and representations and warranties are critical components in private target acquisition agreements because they determine the allocation of post-closing transaction risks. Once the deal is finalized, each party assumes its own risks within the negotiated indemnification limits. Sellers can reduce their indemnification obligations by incorporating materiality and knowledge qualifiers, narrowing the scope of their representations and warranties, shortening the survival

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The most likely targets for Medicaid cuts

Healthinsurance.org

In this article Why we think Medicaid cuts are likely What Medicaid cuts are being considered? Medicaid work requirements Remove the current floor on the federal Medicaid matching rate Reduce the federal matching rate for Medicaid expansion Implement per-enrollee caps on federal funding Rescind some Biden administration rules Medicaid cuts would result in reduced benefits and enrollment Theres been a lot of buzz in the media in early 2025 about the likelihood of Medicaid cuts to significantly re

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