Sat.Sep 28, 2024 - Fri.Oct 04, 2024

article thumbnail

Tesla Recalls Over 27,000 Cybertrucks in Fifth Callback This Year

Insurance Journal

Tesla said on Thursday it would recall more than 27,000 Cybertrucks in the United States due to delayed rear-view camera images that could impair driver visibility and increase crash risks.

Risk 362
article thumbnail

CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Altered Hurricane Damage Estimates by Claims Management

Property Insurance Coverage Law

In a shocking exposé aired last night on CBS’s 60 Minutes, allegations of widespread insurance fraud by insurance companies following Hurricane Ian were exposed. The investigative report featured testimony from whistleblowers who claim that insurance companies deliberately altered hurricane damage reports to underpay homeowners, leaving many Floridians struggling to rebuild their lives in the wake … The post CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Alt

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Are My Artisan Construction Insurance Rates Determined?

Central Insurance

Curious about how artisan construction insurance rates are set? Discover key factors affecting HVAC, electrical, plumbing, and other skilled trades premiums. The post How Are My Artisan Construction Insurance Rates Determined? appeared first on Central Insurance Blog.

Premium 242
article thumbnail

The Importance of Continuous Education in Final Expense Sales

Final Expense Brokerage

Sep 27, 2024 5:43:12 PM Contact Us Share: Keeping up with trends and industry regulations can make or break your insurance business. As an insurance agent specializing in final expense sales, the world around you is constantly evolving. Changes in market dynamics, client expectations, and regulatory requirements mean that staying stagnant isn’t an option if you want to succeed.

Agents 130
article thumbnail

Streamline Insurance Claims Management By Analyzing Legal Trends

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

article thumbnail

Florida Storm Surge Swamps Nuclear Plant, Pro Golfer’s Home, Many More

Insurance Journal

Hurricane Helene’s storm surge along Florida’s western edges is being called the most devastating since 1921, responsible for destroying or heavily damaging hundreds of homes and businesses in the area.

Damage 363

More Trending

article thumbnail

Plans revealed for $500m shipping fund in India

Splash: Finance and Insurance

India’s Alphard Maritime Group has set out to establish a $500m shipping fund in the country’s new financial services centre, Gujarat International Finance Tec-City (GIFT City). The plan is for Alphard to contribute Rs500 crore, while partners would provide another Rs4,500 crore to Indian shipowners looking to acquire assets worth between $10m and $20m.

Insurance 109
article thumbnail

Leveraging Data and Analytics to Improve Final Expense Sales

Final Expense Brokerage

Sep 25, 2024 1:23:42 PM Contact Us Share: Drive your business expansion with data and analytics. In today’s competitive insurance landscape, final expense agents need every advantage they can get to stay ahead. One often underutilized tool is data and analytics. By leveraging data, agents can gain a better understanding of client behaviors, preferences, and demographics, allowing them to tailor their approach and increase their sales success.

article thumbnail

Florida’s Heritage Stock Price Drops After ’60 Minutes’ Report on Adjusters

Insurance Journal

Just as Florida property insurers face another round of storm claims, CBS News has raised questions about alleged insurer fraud stemming from claims incurred in the last major storm – Hurricane Ian, which hit much of southwest Florida two years …

article thumbnail

Controlling Your Relief: Key Forms for Flood Recovery After Hurricane Helene

Property Insurance Coverage Law

As Hurricane Helene swept through the Southeast United States, it left behind an overwhelming 40 trillion gallons of water. This catastrophic deluge impacted homes and businesses that had been flood-free for over 30 years, and it compounded the challenges faced by properties still recovering from previous storms like Ian and Debby. In my earlier blog … The post Controlling Your Relief: Key Forms for Flood Recovery After Hurricane Helene appeared first on Property Insurance Coverage Law Blo

article thumbnail

High Court sets aside tribunal decision on loss recovery from negligent seller

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post High Court sets aside tribunal decision on loss recovery from negligent seller appeared first on Insurance Marine News.

Marine 105
article thumbnail

Is Your Website Safe? How To Stay Secure Amid Increasing Cyber Threats

Neilson Marketing Services

In today’s digital age, the frequency and sophistication of cyberattacks are escalating at a staggering pace. Once every 11 seconds , somebody falls victim to a cyberattack, and in 2024 alone, six in 10 businesses have suffered a ransomware attack. For businesses in the insurance sector, which handles vast amounts of sensitive client data, this threat is especially menacing.

Cyber 104
article thumbnail

Helene Dumps Rain on Millions of US Homes That Lack Flood Insurance

Insurance Journal

On Thursday night Helene crashed into Florida’s coast as a Category 4 hurricane. The giant storm with 140-mile-per-hour winds made landfall close to where Hurricane Debby hit in August and where Idalia struck just over a year ago.

Insurer 334
article thumbnail

Hurricane Helene’s Aftermath: Understanding the FEMA 50% Rule and Its Impact on Victims

Property Insurance Coverage Law

As Hurricane Helene victims begin to assess the damage to their properties, they face not only the immediate challenges of recovery but also potential long-term implications due to federal regulations. One such regulation that could significantly affect rebuilding efforts is FEMA’s 50% Rule. Unless you ever suffered significant damage and lived in an area prone … The post Hurricane Helene’s Aftermath: Understanding the FEMA 50% Rule and Its Impact on Victims appeared first on P

Damage 203
article thumbnail

Deal reached to end port strike in US

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Deal reached to end port strike in US appeared first on Insurance Marine News.

Marine 105
article thumbnail

How Much Is The Average Car Payment In America? Plus 21 Auto Loan Stats!

Simply Insurance

The average car payment in the United States is more than $550 per month, and the total auto loan debt in the country has reached more than $1.1 trillion?

98
article thumbnail

Softbank Says Credit Suisse to Blame For Fund’s $440 Million Greensill Los

Insurance Journal

Softbank Group Corp., facing a $440 million lawsuit from Credit Suisse, said the bank was to blame for some of the investor losses tied to the collapse of Greensill Capital.

325
325
article thumbnail

What to Do After Filing the Insurance Claim

Property Insurance Coverage Law

Filing a property insurance claim can feel unfamiliar to many. However, once you’ve submitted your claim, there are key steps you can take to ensure the best possible outcome. Here’s a guide on what to do next, from tracking your claim to ensuring your rights are protected. Stay Organized After filing your claim, keep all … The post What to Do After Filing the Insurance Claim appeared first on Property Insurance Coverage Law Blog.

article thumbnail

US East and Gulf ports strike set to go ahead

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post US East and Gulf ports strike set to go ahead appeared first on Insurance Marine News.

Marine 105
article thumbnail

The Truth About Being An Insurance Agent (From An Experienced Professional)

EverQuote

The truth about being an insurance agent is that you can’t duck hard work, rejection, or competition. But a lucrative career can be yours—here’s how.

article thumbnail

The Chief Artificial Intelligence Officer: Leading AI Innovation and Risk Management

Insurance Journal

Generative artificial intelligence (AI) has emerged as a new technology with the potential to completely reshape business practices and create new avenues for innovation. It will significantly impact virtually every industry sector.

Risk 317
article thumbnail

Hurricane Helene National Flood Insurance Claims—What to Expect

Property Insurance Coverage Law

National Flood Insurance claims are notoriously complex and exacting. Most policyholders are unaware that National Flood claims are among the most difficult property insurance claims to handle correctly, and that the National Flood Insurance adjuster has limited authority. The field flood adjuster primarily serves to assist policyholders in making claims rather than having decision-making power. … The post Hurricane Helene National Flood Insurance Claims—What to Expect appeared first on Pr

article thumbnail

Containers to be discharged from inoperative container ship

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Containers to be discharged from inoperative container ship appeared first on Insurance Marine News.

Marine 104
article thumbnail

SAFEGUARDING ATHLETES

Rough Notes

Navigating name, image, and likeness (NIL) in collegiate sports By Tim Smith and Matthew Ferraro It’s no secret that the NCAA’s amateurism model is destined to go the way of landline telephones and paper road maps.

article thumbnail

Lloyd’s Focuses on Delegated Authority Arrangements as Looming Market Risk

Insurance Journal

While the Lloyd’s market reported its best first-half profit in 17 years, it isn’t resting on its laurels. It is carefully monitoring areas where potential vulnerabilities have been identified.

article thumbnail

Navigating Flood Insurance Claims from Hurricane Helene

Property Insurance Coverage Law

Walking through my local South Tampa community, the devastation from Hurricane Helene flooding is widespread, as is unfortunately true across the State of Florida and many other states. Many insureds and even insured representatives have never dealt with a flood insurance claim and the intricacies of the National Flood Insurance Program. Resources are available at … The post Navigating Flood Insurance Claims from Hurricane Helene appeared first on Property Insurance Coverage Law Blog.

article thumbnail

Emma Colbourn joins Trafalgar Marine Trades

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Emma Colbourn joins Trafalgar Marine Trades appeared first on Insurance Marine News.

Marine 105
article thumbnail

What Are The Best Insurance Lead Companies For Producers? | EverQuote

EverQuote

If you’re considering buying leads to help boost your business, be aware that not all leads are created equal—and neither are the companies they come from.

Insurer 97
article thumbnail

Thieves Hunting for Copper Are Vandalizing American EV Chargers

Insurance Journal

Rick Wilmer spends most of his work days at the office. But every so often, the chief executive officer of ChargePoint Holdings Inc.

Theft 312
article thumbnail

Heritage Insurance Under Scrutiny: Analyzing the CBS 60 Minutes Exposé and Questions of Internal Controls

Property Insurance Coverage Law

Heritage Insurance (HRTG) lost 20% of its publicly traded value yesterday following the recent CBS 60 Minutes investigation into alleged insurance fraud in Florida, which has sent shockwaves through the insurance industry. You can read about the story from my post, CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Altered Hurricane Damage Estimates … The post Heritage Insurance Under Scrutiny: Analyzing the CBS 60 Minutes Exposé and Questions of Internal Controls app

article thumbnail

Bulk carrier a long-time resident of Algerian port

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Bulk carrier a long-time resident of Algerian port appeared first on Insurance Marine News.

Marine 104
article thumbnail

Blog Post: Did Elon Musk Violate U.S. Immigration Laws?

LexisNexis

Catherine E. Shoichet, CNN, Sept. 29, 2024 "At the 2013 event, the brothers also touched on a topic they’ve discussed less frequently in public: their immigration status during the company’s founding. In early 1996, their startup, an early online city guide and mapping tool, got a $3 million infusion from venture capitalists. The investors soon found themselves surprised, according to Kimbal Musk’s account captured in a video of the 2013 event posted on the Milken Institute’s YouTube page.

97
article thumbnail

Insured Losses Top $5B With Heavy Flooding But Few Covered by Flood Insurance

Insurance Journal

Estimates of insured losses from Hurricane Helene continue to range around $5 billion, not including flood insurance losses, as the death toll in the Southeast continued to rise, approaching 100 by Monday morning.

Insurer 306
article thumbnail

A Blog Post After the Night After

Property Insurance Coverage Law

At 3:23 am, police cars stopped on my East Harbor Island Bridge. They were shining lights into the water on the windward side of the bridge and then quickly on the leeward side of the bridge. I was sipping the last of a 1966 vintage port after successfully preventing water from entering the first floor … The post A Blog Post After the Night After appeared first on Property Insurance Coverage Law Blog.