Sat.Nov 16, 2024 - Fri.Nov 22, 2024

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Modern Cars Are Surveillance Devices on Wheels With Major Privacy Risks: Report

Insurance Journal

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.

Risk 317
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Benefits for Seasonal Employees | Solstice

Solstice Insurance Broker

If you have clients who own businesses with "seasonality" that requires a temporary workforce, as their valued broker, you must pay attention to the laws requiring benefits for seasonal employees. Here we will go the benefits requirements for seasonal employees and how they can affect your clients.

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A Frank Discussion About Florida’s Insurance Crisis, Including Admissions About Why Current Claims Statistics Do Not Indicate the Sky Is Falling

Property Insurance Coverage Law

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

Claim 197
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Blog Post: New Legal AI Ignited: LexisNexis Protégé agent for Microsoft 365 Copilot

LexisNexis

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.

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Why Asbestos Is Still Being Found in Some Cosmetics

Insurance Journal

Asbestos, a notorious carcinogen, was in widespread use throughout the 20th century – from building materials to brake pads and even fake snow on film sets including The Wizard of Oz and White Christmas.

Building 286
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Gum Disease and Irregular Heartbeat: How the Two are Connected | Solstice

Solstice Insurance Broker

For a long time, researchers have been looking into how gum disease and heart health are connected. Inflammation and bacteria are often the main causes of problems in both oral and heart health.

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Blog Post: How Lexis+ AI is Transforming the Game for Law Students

LexisNexis

By Madison Johnson, Esq. | Manager, Large Markets As the legal landscape continues to evolve, the ability to conduct efficient and accurate research remains paramount for law students and legal professionals alike. With the advent of Lexis+ AI ® , the game has been forever changed, and students are taking notice. According to recent student comments, Lexis+ AI ® is the primary reason why law students are choosing LexisNexis over its competitors.

Risk 115
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Redfin Reports Home Sales Dropping Fast in Five Florida Metro Areas

Insurance Journal

The five U.S. metropolitan areas with the biggest drop in home sales are all in Florida, the result of a perfect storm of rising insurance costs, homeowner association fees and repeat storms, a home sales tracking service reported Wednesday.

Insurance 282
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Hong Kong’s role in global ship finance

Splash: Finance and Insurance

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.

Insurance 108
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Proof of Loss Requirements: A 222-Year-Old Case Still Relevant for Modern Insurance Claims

Property Insurance Coverage Law

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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Blog Post: Checklist of What Law Firms Should Demand in a Complete Legal AI Solution

LexisNexis

By Madison Johnson, Esq. | Manager, Large Markets Consumers were introduced to the generative artificial intelligence (Gen AI) revolution two years ago with the launch of ChatGPT, then the category of Legal AI — Gen AI solutions trained specifically for the legal profession — was born with the rollout of Lexis+ AI in October 2023. Just one year later, more than half of Am Law 200 law firms (53%) have already purchased Legal AI tools, according to a LexisNexis survey , and this rapid adoption sho

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Biden Requests $98.6 Billion in Emergency Disaster Aid Funds

Insurance Journal

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.

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Overcoming Objections in Medicare Sales

PSM Brokerage

Turning 'No' Into 'Know' As a Medicare insurance agent, objections are part of the game. But objections aren’t the end of the conversation—they’re the beginning of a new opportunity. Whether it’s skepticism, confusion, or just plain hesitation, learning to navigate objections with confidence and humor can turn potential roadblocks into steppingstones.

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When Do Insurance Company Lobbyists and Trade Association Supporters Lie About Insurance Fraud Statistics? Every Time They Say or Write Anything

Property Insurance Coverage Law

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?

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Blog Post: Unlock New Opportunities with Targeted Legal News

LexisNexis

By Madison Johnson, Esq. | Manager, Large Markets Legal professionals understand the importance of staying informed about breaking developments in the business world, but it is especially critical for them to be on top of legal industry news and trends. Making smart decisions for your firm and your clients requires access to timely updates and insights about developments in the courts, legislatures and specific areas of practice.

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Blacks and Hispanics Pay More for Auto Insurance. Study Tries to Answer Why.

Insurance Journal

A new study examining potential unintentional bias in auto insurance finds that while Black and Hispanic drivers pay more than other drivers for coverage, they also have more claims and driving infractions.

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Ammonium nitrate vessel continues to cause controversy

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Ammonium nitrate vessel continues to cause controversy appeared first on Insurance Marine News.

Marine 102
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Appraisal Whiplash: Court Rules You Can’t Back Out Once You’re In

Property Insurance Coverage Law

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.

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Severe weather driving tips: how to drive more safely in any condition.

Frankenmuth Insurance

When severe weather hits, the way you drive can mean the difference between arriving safely and getting stuck in a dangerous situation. Follow our severe weather driving tips for upcoming fog , rain, snow , and ice. Buckle up. It’s the law. Everyone in your vehicle should have their seat belt on at all times. Seat belts are especially critical during severe weather and dangerous conditions.

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Florida Citizens’ Brass Tired of ‘Clickbait’ News on its Hurricane Claims Denials

Insurance Journal

Officials with Florida’s Citizens Property Insurance Corp. took issue Thursday with a number of national and Florida news reports that have suggested that the insurer has the “worst rate” on paying claims after recent hurricanes.

Claim 277
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UN institute calls for unified UN-level maritime security strategy

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post UN institute calls for unified UN-level maritime security strategy appeared first on Insurance Marine News.

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Let’s Play “Guess the Umpire!”

Property Insurance Coverage Law

Federal Magistrate Judge Kyle Dudek recently issued the following Order: 1 Because the parties have not agreed on an umpire, the Court will set an in-person hearing for the appraisers to appear along with counsel to advise the Court of their respective objections to their counterpart’s proposed umpires. The Court will set this hearing by … The post Let’s Play “Guess the Umpire!

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This Black Friday and Cyber Monday, Protect Yourself and Your Business from Cyber Threats

Cowbell

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.

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World Insurance Acquires North Dakota’s F1 Insurance

Insurance Journal

World Insurance Associates LLC announced that it acquired the business of First International Insurance (“FI Insurance”) -a division of First International Bank & Trust of Watford City, North Dakota on October 1, 2024. Terms of the transaction were not disclosed.

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HMNZS Manawanui fuel removal to get under way in December

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post HMNZS Manawanui fuel removal to get under way in December appeared first on Insurance Marine News.

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Where Did the Proof of Loss Requirement in a Property Insurance Policy Originate? What Was Its Original Purpose?

Property Insurance Coverage Law

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?

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New York Shipping Exchange to launch container indices next year

Splash: Finance and Insurance

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.

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Homeowners Insurance Does Not Cover Cryptocurrency Theft, 4th Circuit Affirms

Insurance Journal

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.

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X-Press Feeders joins war of words with new Sri Lankan government

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post X-Press Feeders joins war of words with new Sri Lankan government appeared first on Insurance Marine News.

Marine 96
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Current Trends in Cyber Insurance: Ransomware

ProWriters

Thirty-five years ago, subscribers to a World Health Organization AIDS conference list received a floppy disk in the mail. Ostensibly a survey, the disk actually delivered the earliest documented ransomware file. The file infected the host computer’s operating system. After a certain number of boot-ups, it encrypted the file names on the machine’s hard drive.

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Australia’s TCorp invests in Cyan Renewables 

Splash: Finance and Insurance

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.

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Clergy Abuse Victim Whose Parents Kicked Him Out Will Use Settlement to Help Others

Insurance Journal

Duane Gray says the priest at his Connecticut parish began sexually abusing him around 1974, when he was 12 years old. He told his parents, but they didn’t believe it and beat him repeatedly.

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Incoming Regulations January 1st 2025

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Incoming Regulations January 1st 2025 appeared first on Insurance Marine News.

Marine 93
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Blog Post: Recording of Webinar: Immigration Reform in 2025 (Cornell Law)

LexisNexis

Overview "Immigration will be a key issue in 2025. Everyone agrees that we have a broken immigration system, but people disagree on the solutions. Congress is paralyzed. Presidents try executive actions but are sued. Federal courts seem to be the final arbiters of immigration policy these days. In the meantime, employers face labor shortages. The demographics of an aging population and declining birth rates are indisputable.

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