Sat.Nov 02, 2024 - Fri.Nov 08, 2024

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Boeing Dismantles DEI Team as Pressure Builds on New CEO

Insurance Journal

Boeing Co. has dismantled its global diversity, equity and inclusion department, making it the latest high-profile corporation to make changes to its DEI policy as its new top leader oversees a broader revamp of the company’s workforce.

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Insurance Company’s Two-Year Claims Handling Waives Proof of Loss Requirement

Property Insurance Coverage Law

A recent Indiana Court of Appeals decision where Merlin Law Group’s Ed Eshoo was counsel for the policyholder provides a textbook example of how an insurance company’s conduct can waive strict policy requirements, even when attempting to preserve those rights through reservation letters. 1 The case offers valuable lessons for policyholders facing similar coverage disputes. … The post Insurance Company’s Two-Year Claims Handling Waives Proof of Loss Requirement appeared first on

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Boosting Dental Office Efficiency with Teledentistry | Solstice

Solstice Insurance Broker

As technology advances, dentistry is evolving alongside it. Dental offices are broadening their scope with the shift to a hybrid model of care. Teledentistry plays a crucial role in this transformation.

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Blog Post: Two Years In: Real Results from the AI Evolution in Legal

LexisNexis

By: Melissa Morrison , Director of Segment Management, LexisNexis Two years ago, the generative artificial intelligence (Gen AI) revolution was born with the commercial launch of ChatGPT in November 2022. Other leading tech companies quickly joined with the rollout of their own general purpose Gen AI tools and the race was on. LexisNexis quickly pioneered the use of Gen AI for legal research and analysis with the introduction of Lexis+ AI ™ in October 2023.

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Would Letting Roofers Do More Wind-Mit Work Help Cut Florida’s Insured Losses?

Insurance Journal

A recent photograph of destruction left by Hurricane Milton’s wind tells the story: An entire roof section on a residential complex in Bradenton, Florida – including rafters and ceiling joists – was ripped off, exposing people’s abodes and belongings to …

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Colorado Leads the Way in Meaningful Consumer Input on Insurance Regulation and Issues

Property Insurance Coverage Law

I’m always encouraged when I see insurance regulators actively seeking consumer perspectives. The Colorado Division of Insurance has taken an impressive step forward with its stakeholder engagement process by initiating the Consumer Insurance Council (CIC). The Colorado approach is particularly noteworthy because it appears to actively call for diverse voices of regular folk to work … The post Colorado Leads the Way in Meaningful Consumer Input on Insurance Regulation and Issues appe

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Blog Post: Navigating the Legal Landscape of Generative AI: In-House Counsel's Guide

LexisNexis

At the recent Women, Influence & Power in Law 2024 Conference in Chicago, women working on corporate legal teams discussed a number of timely issues bearing down on in-house counsel today. One of the more intriguing threads of discussion emerged in a session focused on the adoption of generative artificial intelligence (Gen AI) technologies in their organizations.

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St. Pete to Spend Millions on Stadium After Reducing Insurance Coverage This Year

Insurance Journal

Like a homeowner who cut back on coverage only to face catastrophic damage in a storm, St.

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Public Adjusters Should Take the Time to Respectfully Address and Respond to the New Proposed Ethical Rule in Florida This Week

Property Insurance Coverage Law

I often see some in the property claims industry spouting off about something and regurgitating news on social media—and they are not in the game. They give no money, do not show up for the fight, and they give no time and work besides reposting work by others and criticizing them on the internet. Doug Quinn of … The post Public Adjusters Should Take the Time to Respectfully Address and Respond to the New Proposed Ethical Rule in Florida This Week appeared first on Property Insurance Cover

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Chaucer to launch Asian marine offering on Lloyd’s Singapore platform

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Chaucer to launch Asian marine offering on Lloyd’s Singapore platform appeared first on Insurance Marine News.

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Nine Insurance Agents Share Their Worst Mistakes | EverQuote

EverQuote

What’s the biggest mistake you’ve made with your insurance agency? We polled a number of experienced agents and asked them to share with us their answers to this question, and, fortunately for you, we got some amazing replies!

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NFIP to Begin Taking Monthly Flood Insurance Payments

Insurance Journal

The National Flood Insurance Program will soon start to accept monthly payments for flood insurance premiums, ending 55 years of requiring full payment upon application or renewal.

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Policyholders, Public Adjusters, and Contractors Beware! Marshall Fire Claims Set to Expire on December 30, 2024 – What You Need to Know Now

Property Insurance Coverage Law

On December 30, 2021, Coloradans in Boulder County experienced the most devastating and destructive wildfire in the state’s history. It is estimated that the Marshall Fire totally destroyed no less than 1,084 homes, and damaged thousands more with penetrating toxins of smoke, ash, char, and soot. Sadly, almost three years after the Marshall Fire caused … The post Policyholders, Public Adjusters, and Contractors Beware!

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Contractual issues with wind-assisted propulsion

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Contractual issues with wind-assisted propulsion appeared first on Insurance Marine News.

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Voice SOA (Scope of Appointment)

PSM Brokerage

This script is meant to fulfill the CMS requirement of a Scope of Appointment for individuals that have agreed to be contacted regarding plan options/benefits or are current clients that have purchased a product through your agency. VOICE SOA (Scope of Appointment) Required for consumers interested in MAPD, MA-Only, PDP and/or unknown plan selection.

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Digital Transformation in Insurance Marketing: How to Leverage Technology to Drive Growth and Engagement

Insurance Journal

The insurance industry has historically been slow to adopt new technologies o often relying on traditional outreach, marketing and client management methods.

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Public Adjusters Beware: Unlicensed Solicitation is Both Unethical and Criminal in Florida

Property Insurance Coverage Law

As an advocate for policyholders and someone who works closely with many public adjusters, I feel compelled to address an important compliance issue that has recently come to my attention. Some public adjusting firms seem to be using unlicensed individuals and phone banks to conduct cold-call solicitation of potential clients. This practice is not only … The post Public Adjusters Beware: Unlicensed Solicitation is Both Unethical and Criminal in Florida appeared first on Property Insurance

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Egypt reveals $6bn revenue hit from Houthi attacks in Red Sea

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Egypt reveals $6bn revenue hit from Houthi attacks in Red Sea appeared first on Insurance Marine News.

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Medicare Scope of Appointment Form Download

PSM Brokerage

The Scope of Appointment (SOA) process is a crucial aspect of Medicare marketing and sales activities designed to protect the interests of Medicare beneficiaries and ensure compliance with regulations. The SOA process is primarily associated with Medicare Advantage (Part C) and Medicare Prescription Drug Plans (Part D) but can also apply to other Medicare-related products.

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Spain Risks €10.6 Billion Flood Damage Bill, PM Sanchez Says

Insurance Journal

Spanish Prime Minister Pedro Sanchez announced the first financial package for victims of the storms that killed more than 200 people in the country’s eastern region of Valencia. Spain will earmark as much as €10.6 billion ($11.

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Parametric Hurricane Insurance

Property Insurance Coverage Law

As the traditional insurance market continues to harden, policyholders are increasingly exploring parametric hurricane insurance as a complement and sometimes a substitute to their existing property insurance coverage. This innovative insurance product offers rapid payouts based on predefined triggers, potentially providing critical liquidity when businesses need it most.

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Blaze at BAE Systems shipyard on north-west England coast

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Blaze at BAE Systems shipyard on north-west England coast appeared first on Insurance Marine News.

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4 Step Process to Successfully Settle More Workers’ Compensation Claims

AMAXX

Successfully settling workers’ compensation (WC) claims can significantly reduce costs and streamline processes for employers and insurers. By adhering to a proven four-step process, organizations can consistently achieve better claim outcomes. This methodology encompasses early claim identification, team engagement, collaborative roundtable discussions, and effective negotiation strategies.

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Chinese Group Accused of Hacking Singtel in Telecom Attacks

Insurance Journal

Singapore Telecommunications Ltd., Singapore’s largest mobile carrier, was breached by Chinese state-sponsored hackers this summer as part of a broader campaign against telecommunications companies and other critical infrastructure operators around the world, according to two people familiar with the matter.

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Maritime venture financing landscape mapped by Marine Money

Splash: Finance and Insurance

A new 12-page white paper from US-based Marine Money has mapped out today’s maritime venture financing landscape with the research clearly showing the limited number of funds that are solely dedicated to the maritime sector.

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Turkish pro-Palestinian protestors occupy the Kathrin

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Turkish pro-Palestinian protestors occupy the Kathrin appeared first on Insurance Marine News.

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Bumper sticker safety concerns: what every driver should know.

Frankenmuth Insurance

Bumper stickers add a unique touch to your vehicle, but have you considered these lesser-known bumper sticker safety concerns? Keep these seven points in mind before adding embellishments to your ride. Distractions to other drivers. Flashy, colorful, or word-heavy bumper stickers can draw attention away from the road and create safety issues for other drivers.

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States Lead the Way on Better Insurance Markets

Insurance Journal

By Andrew Mais, Jon Godfread, Scott White, & Elizabeth (Beth) Kelleher Dwyer Most homeowning Americans consider their home their most valuable asset.

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Blog Post: Partial EB-1A Victory (Remand) in WI: Branski v. Brennan Seng

LexisNexis

Branski v. Brennan Seng "USCIS did not adequately explain its conclusion that Branski failed to identify “[p]ublished material about [him] in professional or major trade publications or other major media, relating to [his] work in the field for which classification is sought,” 8 C.F.R. § 204.5(h)(3)(iii). USCIS appears to have improperly reject purported expert opinions simply because they were not “objective” and failed to consider proffered evidence of the publications’ circulation.

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Royal Moroccan Navy stops migrant attempt to hijack cargo ship

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Royal Moroccan Navy stops migrant attempt to hijack cargo ship appeared first on Insurance Marine News.

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Standard Homeowners’ Insurance Policies Do Not Cover Flood Damage

Boyle Agency Insurance

Floods are natural disasters that can cause extensive damage to homes and properties, leaving homeowners with significant financial burdens. While standard homeowners’ insurance may cover certain perils, it often excludes floods. That’s where flood insurance comes in. Flood Facts: Widespread Impact Floods are the most common and widespread natural disaster in the United States.

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Missouri Farmer Who Stars in Reality TV Series Pleads Guilty Crop Insurance Fraud

Insurance Journal

A Missouri farmer who appears in a reality TV show about his family’s farming operation pleaded guilty this week to a multi-million dollar fraud scheme involving federal crop insurance benefits. Steve A.

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November is National American Diabetes Month

R&R Insurance

November is National American Diabetes Month. According to the Centers for Disease Control, over thirty-four million U.S. adults are affected by some form of Diabetes. Diabetes exists in two types: type one and type two. Type one Diabetes is an autoimmune condition where the body attacks insulin-producing cells in the pancreas, leading to a lack of insulin.

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Late-season hurricane threatens Gulf of Mexico offshore production

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Late-season hurricane threatens Gulf of Mexico offshore production appeared first on Insurance Marine News.

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