Insurance Journal
DECEMBER 9, 2024
The Bank of England will hide the identities of any pension funds, insurers or hedge funds bailed out under a new financial stability tool to prevent a wider crisis engulfing the economy, Deputy Governor Dave Ramsden said.
Property Insurance Coverage Law
DECEMBER 1, 2024
Maybe State Farm should advertise to its customers that it will fight them tooth and nail anytime their property gets older, wears out, and results directly or indirectly with loss. This post gives State Farm a three-day winning hat trick following State Farm Wins Alabama Worn Out Roof Damage Case: Lesson About Hail Damage Cases, … The post State Farm Wins Worn-Out Plumbing Case: Ensuing Water Damage Not Covered Under State Farm’s Language appeared first on Property Insurance Coverage Law
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Central Insurance
DECEMBER 12, 2024
Learn what damages a CGL policy covers, common exclusions, and how tailored endorsements protect contractors and builders. The post What Damages Are Covered by a CGL Policy? appeared first on Central Insurance Blog.
Insurance Journal
DECEMBER 30, 2024
California Insurance Commissioner Ricardo Lara on Monday announced what he is calling the final step in his efforts to help the state’s ailing homeowners insurance market with the Net Cost of Reinsurance in Ratemaking Regulation, which enables reinsurance as a …
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Insurance Journal
DECEMBER 3, 2024
Last spring, the Federal Emergency Management Agency jolted southwest Florida communities – most of which were still recovering from Hurricane Ian in 2022 – when it announced that the areas would lose their community discounts on flood insurance due to …
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
DECEMBER 27, 2024
New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday.
Insurance Journal
DECEMBER 2, 2024
Suspicious behavior on T-Mobile US Inc.’s network devices tipped off the company to a breach that was potentially part of a sprawling cyber-espionage campaign that has raised urgent questions about the exposure of a critical sector of the economy.
Insurance Journal
DECEMBER 4, 2024
The UnitedHealth Group Inc. executive who was fatally shot in New York on Wednesday morning had no personal security detail, a circumstance that could prompt swift changes inside corporate boardrooms, especially as the global political environment grows more unstable.
Insurance Journal
DECEMBER 31, 2024
An employee who was injured when rescuing chocolate candies from the heat in his employer-owned delivery truck is not due workers’ compensation benefits.
Insurance Journal
DECEMBER 31, 2024
The U.S. District Court for the Eastern District of Missouri entered an order on Dec.
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.
Insurance Journal
DECEMBER 22, 2024
Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in 2024, a report from blockchain analysis firm Chainalysis showed on Thursday.
Insurance Journal
DECEMBER 23, 2024
Insurance commissioners from nine states are looking to the new Department of Government Efficiency to do away with the Federal Insurance Office.
Insurance Journal
DECEMBER 27, 2024
Pittsburgh Regional Transit (PRT) has reported it is responding to a ransomware attack that was first detected on December 19, a day when the rail service experienced temporary disruptions.
Insurance Journal
DECEMBER 10, 2024
At the Florida Chamber of Commerce Insurance Summit last week, the state’s emergency management director announced a multi-million-dollar program that many homeowners, lawmakers and insurers have long hoped for: New grants and low-interest loans that will help elevate homes above …
Insurance Journal
DECEMBER 6, 2024
The black-and-white message flickering across computer screens sparked panic at Knights of Old, a 158-year-old UK delivery company: “If you’re reading this, it means the internal infrastructure of your company is fully or partially dead.
Insurance Journal
DECEMBER 2, 2024
The people at Brightway Insurance, based in Ponte Vedra Beach, Florida, near Jacksonville, seem to have taken employee satisfaction and performance to a whole new level.
Insurance Journal
DECEMBER 3, 2024
The city of Hoboken, New Jersey has reported it was the victim of a ransomware attack in the early hours of last Wednesday, November 27.
Insurance Journal
DECEMBER 4, 2024
Executive Summary: With over 70% of insurers planning to deploy gen-AI tools over the next two years, AI promises much, and the keen adopters likely will be rewarded – but it’s a path that must be navigated carefully, keeping a …
Insurance Journal
DECEMBER 31, 2024
As Rhode Island state officials feared would happen, hackers responsible for a ransomware attack on a popular state-administered benefits portal have posted some of the stolen information to the dark web.
Insurance Journal
DECEMBER 29, 2024
Two Florida-based insurance companies are expanding their product lines, another sign that insurers are making more if limited moves into a warming market in the state.
Insurance Journal
DECEMBER 29, 2024
Loyalhanna Insurance Group of Latrobe, Pennsylvania has been acquired by Union Bay Acquisition LLC, an aggregator of insurance agencies based in Lansdale, Pennsylvania. Terms were not disclosed. This acquisition is Union Bay’s sixteenth, and seventh in the state of Pennsylvania.
Insurance Journal
DECEMBER 19, 2024
The U.S.
Insurance Journal
DECEMBER 30, 2024
The top 10 most well-read international stories for 2024 covered a diverse range of topics, including nuclear verdicts, Taylor Swift’s concert cancellations, and the return to stability of the reinsurance market. Two articles focused on the Baltimore Bridge collapse.
Insurance Journal
DECEMBER 31, 2024
Officials assessed the damage on Sunday after a strong storm system moved across the southern U.S. over the weekend, spawning tornadoes and killing at least four people.
Insurance Journal
DECEMBER 23, 2024
SAN ANTONIO (AP) A teacher at a San Antonio-area day care was killed and another employee and five toddlers were injured when a parent’s car accelerated into another vehicle in the parking lot and both vehicles crashed into a …
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 Journal
DECEMBER 1, 2024
Zoom Communications Inc. has offered $18 million to settle a four-year-old US Securities and Exchange Commission probe related to its privacy policies and communications.
Insurance Journal
DECEMBER 29, 2024
Young adults across the Pacific Northwest have found homeownership to be increasingly out of reach as home prices across the nation rise, a poll by PEMCO Mutual Insurance shows.
Insurance Journal
DECEMBER 26, 2024
Children of the wealthy and connected get special admissions consideration at some elite U.S. universities, according to new filings in a class-action lawsuit originally brought against 17 schools.
Insurance Journal
DECEMBER 30, 2024
The Iowa Insurance Division last month entered into a consent order with a contractor who had made claims they were offering services that require a public adjuster license.
Insurance Journal
DECEMBER 22, 2024
Wells Fargo & Co. said it’s leaving the world’s biggest climate alliance for banks, in the latest sign that Wall Street is breaking away from such groups.
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.
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