Sat.Aug 24, 2024 - Fri.Aug 30, 2024

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Lyft is a Motor Carrier and State Farm Can be Sued Directly, Georgia Court Says

Insurance Journal

Georgia lawmakers this year put an end to direct-action lawsuits against trucking companies’ insurers, but that did not come soon enough to bar litigation brought by people involved in accidents with ride-sharing services.

Insured 300
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Preserving and Presenting Personal Property Evidence Before and After Demands For Appraisal—How Nationwide Licked a Texas Attorney

Property Insurance Coverage Law

Good ole insurance defense attorney Steven Badger is going to love reading this post while sitting on his Royal Throne. Nationwide Insurance made the following argument to a federal judge regarding an appraisal case where the real property loss was appraised to be less than what Nationwide paid, and the remainder was never shown or … The post Preserving and Presenting Personal Property Evidence Before and After Demands For Appraisal—How Nationwide Licked a Texas Attorney appeared first on

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Azerbaijan-managed vessel en route to China via Northern Sea Route: report

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Azerbaijan-managed vessel en route to China via Northern Sea Route: report appeared first on Insurance Marine News.

Marine 110
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Labor Day Message 2024

CDC: Workers Compensation

Each Labor Day we honor workers and the role they play in building a strong and prosperous nation. Much like the first Labor Day more than a century ago, many of us mark this federal holiday with festivities such as parades or picnics. This year, as you head out to celebrate the end of summer with friends and loved ones, I urge you to take a moment to reflect on the contributions of the workers all around us.

Building 109
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The Murdaugh Drama in SC Continues: Store That Sold Beer Now Suing its Insurers

Insurance Journal

The saga of the Murdaugh family in South Carolina continues, now with a convenience store company suing its liability insurers for failing to defend it against a second lawsuit stemming from the sale of beer to an underage Paul Murdaugh …

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Are We Valuing Fire Losses Accurately and Keeping Up with the Science of Fire Loss?

Property Insurance Coverage Law

An article by Sean Scott published this March in Restoration & Remediation Magazine, Cyanide Residues in Fire Damaged Buildings, made the following observation, which all property insurance adjusters and those involved with fire damage should be aware of: During a structure fire, toxic gases, acids, VOC’s, and a vast array of other hazardous chemicals are … The post Are We Valuing Fire Losses Accurately and Keeping Up with the Science of Fire Loss?

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Singapore and other ports start screenings for mpox

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Singapore and other ports start screenings for mpox appeared first on Insurance Marine News.

Marine 111

More Trending

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Americans Shop Around for Insurance More Than Ever as Costs Soar

Insurance Journal

Americans are seeking to change their insurance coverage more frequently than in the past, after a surge in premiums that’s squeezed household budgets, a new industry report shows.

Premium 270
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Mold, Sewage, and Delayed Adjustments or Indecision

Property Insurance Coverage Law

Why do claims adjusters take so long to make decisions when decisions need to be made right away? This was a question racing through my mind while reading an Order in Radius Marketing Group, Inc. v. Continental Casualty Company, 1 a bad faith case denying the insurers’ motion to dismiss. The case is still ongoing, … The post Mold, Sewage, and Delayed Adjustments or Indecision appeared first on Property Insurance Coverage Law Blog.

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Harbourmaster submits recommendations following ferry’s hard grounding

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Harbourmaster submits recommendations following ferry’s hard grounding appeared first on Insurance Marine News.

Marine 105
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Replacement Cost Value vs. Actual Cash Value When it Comes to Home Insurance

Wren Insurance Agency

At Wren, because we are protection minded, we always quote our home insurance policies using Replacement Cost Value (also known as RCV) on contents, versus Actual Cash Value (ACV). RCV is equal to the amount it would take to replace your contents at today's prices. ACV is tied to the value of each item taking full depreciation over time into account.

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TDI to Hold Two Public Meetings on TWIA’s Filing of 10% Rate Increase

Insurance Journal

The Texas Department of Insurance will hold two public meetings in September on the Texas Windstorm Insurance Association’s annual rate filing increase of 10% for residential and commercial properties. TDI will host a meeting on Monday, Sept.

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Observations of Other Insurance Clauses and Overlapping Coverages

Property Insurance Coverage Law

Steve Coombs should be at least nominated for membership into the Insurance Nerds Hall of Fame. He read my post, What Is an “Other Insurance” Clause and Why Do They Exist In Property Insurance Policies? and sent Mara Essick and me numerous articles about “other insurance” clauses. Steve Coombs co-authored The Builders Risk Book with the late … The post Observations of Other Insurance Clauses and Overlapping Coverages appeared first on Property Insurance Coverage Law Blog.

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Greenhouse gas regulations: What are IMO’s next steps?

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Greenhouse gas regulations: What are IMO’s next steps? appeared first on Insurance Marine News.

Marine 105
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How Insurers Can Accelerate their Turnaround Times While Using E-Signatures

InsuredMine

Let’s talk about something that’s been a game-changer for the insurers today e-signatures. Remember the days when getting a policy signed meant printing out reams of paper, playing phone tag with clients, and praying that the postal service wouldn’t lose your important documents? Well, those days are going the way of the fax machine, thanks to the eSignatures.

Insured 96
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Conflicting Federal Policies May Cost Residents Near Dams More on Flood Insurance

Insurance Journal

Conflicting federal policies may force thousands of residents in flood-prone areas to pay more for flood insurance or be left unaware of danger posed by dams built upstream from their homes and worksites, according to an Associated Press review of …

Policy 268
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Overlapping Insurance and Other Insurance Clauses—The Guiding Principles

Property Insurance Coverage Law

This morning’s post, “What Is an “Other Insurance” Clause and Why Do They Exist In Property Insurance Policies?” raises the question: “How do I deal with ‘other insurance’ clauses?” Steve Figlin wrote a comment 14 years ago to the referenced post, The Other Insurance Clause, which referenced The Guiding Principles: Possibly the ‘Agreement of the Guiding Principles’ … The post Overlapping Insurance and Other Insurance Clauses—The Guiding Principles appeared first on Property Insurance Cover

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Questions begin on Bayesian sinking

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Questions begin on Bayesian sinking appeared first on Insurance Marine News.

Marine 108
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Quiz: Supervisor Response to a Workplace Injury – How Would You Respond?

AMAXX

When an employee gets injured at work, the way a supervisor responds can have a profound impact on the outcome for both the employee and the employer. To better grasp this, let’s walk through a hypothetical scenario that illustrates two different supervisor responses to an employee’s injury and explore the potential consequences of each approach.

Injury 95
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South Korea to Advance EV Battery Certification Scheme After Series of Fires

Insurance Journal

South Korea’s government and ruling party have agreed to move up an electric vehicle battery certification program, the party said on Sunday, as authorities seek to alleviate public safety concerns after a series of fires involving EVs.

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Are Umpires in an Insurance Appraisal Immune from Being Sued?

Property Insurance Coverage Law

This post is a follow-up to “Does an Umpire Have Immunity From Suit? Is an Appraisal an Arbitration in North Carolina?” The parties have filed appellate briefs on the matter and are awaiting a decision.1 Arguments for arbitral immunity made by the Umpire, O’Leary, are: The North Carolina Arbitration Act provides that arbitrators have the same … The post Are Umpires in an Insurance Appraisal Immune from Being Sued?

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Palau suspends registration of three Russia-linked gas carriers sanctioned by the US

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Palau suspends registration of three Russia-linked gas carriers sanctioned by the US appeared first on Insurance Marine News.

Marine 103
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Navigating the Conflicting Roles of Supervisors in Workplace Injury Management

AMAXX

Supervisors play a critical role in the management of workplace injuries. They are often the first to respond when an employee is hurt and are responsible for guiding both the injured employee and the organization through the post-injury process. However, supervisors frequently find themselves caught between conflicting roles: being a supportive friend to employees while also fulfilling their responsibilities to management for a thorough investigation and injury prevention.

Injury 91
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Microsoft, Cyber Firms to Meet on Fixes After CrowdStrike Crash

Insurance Journal

Microsoft Corp. is planning a meeting next month with cybersecurity companies that operate at the core of its Windows systems to discuss ways in which they can keep last month’s worldwide computer crash from happening again.

Cyber 254
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“What They’re Doing Is Just Rotten”—The Current Florida Insurance Market

Property Insurance Coverage Law

A news story caught my attention because I keep reading quotes by politicians that the Florida insurance market has turned around. Maybe Florida’s politicians are afraid of what may happen in the November elections. The story by Jeff Deal of Action 9 News, ‘What They’re Doing is Just Rotten’: Homeowners Claim Surprise Insurance Cost Them Thousands, stated … The post “What They’re Doing Is Just Rotten”—The Current Florida Insurance Market appeared first on Property Insurance Coverage Law Bl

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Increase in iron ore fines in Goa

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Increase in iron ore fines in Goa appeared first on Insurance Marine News.

Marine 105
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Frontline in 10-ship leaseback deal to clear Fredriksen debt

Splash: Finance and Insurance

New York- and Oslo-listed tanker giant Frontline has lined up a 10-ship sale and leaseback deal in China to pay back money borrowed from controlling shareholder John Fredriksen. The deal worth up to $512.1m involves CMB Financial Leasing’s commitment to cover the refinancing of 10 suezmaxes, subject to execution of final documents, the company said.

Insured 85
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US Appeals Court Takes Aim at Big Tech Liability Shield

Insurance Journal

A US appeals court has struck down a long-standing argument from social media platforms: that a federal law grants them blanket immunity from being held accountable for user harms – even the wrongful death of children.

Liability 252
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Blog Post: How USCIS, the AAO and the BIA All Got It Wrong: Ambreen v. Garland

LexisNexis

Simon Sandoval-Moshenberg reports: " Here’s a nice decision I just got from the Eastern District of Virginia, reversing USCIS’s denial of an I-130 to my client who had previously been criminally convicted of immigration fraud in that same courthouse." Court: “USCIS, the BIA, and the government in its briefing all make much of the fact that Imran is a criminal and a fraud.

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Canadian rail shutdown ends quickly

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Canadian rail shutdown ends quickly appeared first on Insurance Marine News.

Marine 100
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Former Golden Ocean boss Ulrik Andersen joins J. Lauritzen

Splash: Finance and Insurance

Ulrik Andersen has emerged at Danish maritime investment firm J. Lauritzen after stepping down as chief executive of John Fredriksen-backed dry bulk player Golden Ocean Group last year. Andersen has come aboard J.

Insured 82
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Specialist Risk Group Acquires Renewal Rights of London-Based Taxi Insurance Broker

Insurance Journal

Specialist Risk Group (SRG) announced the acquisition of the ongoing renewal rights of Morton Insurance Brokers, a specialist in private hire and taxi insurance across the UK since 1987. Financial details of the transaction were not disclosed.

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Blog Post: From Visa Overstay to American Citizen (and Acclaimed Restaurateur)

LexisNexis

Eric Asimov, New York Times, Aug. 27, 2024 (gift article) "Arjav Ezekiel rose through the restaurant ranks becoming a sommelier and opening Birdie’s in Austin, Texas. Few knew of his past as an undocumented immigrant.

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Russian cargo ferry sinks following Kavkaz port attack

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Russian cargo ferry sinks following Kavkaz port attack appeared first on Insurance Marine News.

Marine 94
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TOP 5 STEPS TO END YOUR SLUMP

Rough Notes

The first thing to do is pause and step back; you may need some serious self-reflection Telling yourself you’ve done everything right and that you are where you are at because others have failed you is easy. It’s also wrong. By Michael Wayne Well over half of 2024 is already gone.

Agents 64
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California Legislature Passes Bill to Support Insurance Fraud Detectives

Insurance Journal

California lawmakers passed a bill to help close the pay gap between the California Department of Insurance’s fraud detectives and officers in other state agencies.

Insurance 251
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Blog Post: Artificial Intelligence (AI) in Medicine and Law

LexisNexis

Position paper presented at CSIMS 2024 by Hon. Robert G. Rassp, Chairman of the Board of Directors, Friends Research Institute (friendsresearch.org) Disclaimers: The opinions expressed in this article are those of the author and are not those of the State of California Department of Industrial Relations, Division of Workers’ Compensation, or the Workers’ Compensation Appeals Board.