Insurance Journal
OCTOBER 6, 2024
The impact and surge of long-term COVID on the California workers’ compensation system since 2020 has been prevalent, including long-term impacts on disability and long-term patterns of medical cost and treatment on long COVID claims.
Civil Litigation Brief
OCTOBER 6, 2024
For some time now the courts have been grappling with the notion of the “implied sanction” in relation to rules and orders. Some rules are subject to “implied sanctions” so that a failure to comply means that a party has.
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Insurance Journal
OCTOBER 6, 2024
The U.S. Supreme Court agreed on Friday to decide whether it should be more difficult for workers from “majority backgrounds,” such as white or heterosexual people, to prove workplace discrimination claims.
IP Watchdog
OCTOBER 6, 2024
On July 17, the U.S. Patent and Trademark Office (USPTO) issued a 2024 Guidance Update on patent subject matter eligibility (SME), including on artificial intelligence (AI). This update complements the guidance that the USPTO issued in February 2024 regarding patent inventorship and AI-assisted inventions. Both documents were created at the direction of Executive Order 14110 on the “Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence” (October 30, 2023).
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Insurance Journal
OCTOBER 6, 2024
Several types of artificial intelligence are already being adopted by various parts of the insurance industry and they have the potential to deliver extraordinary efficiency savings, opening the door for even more profitability, innovation, and complex problem solving.
InHouseBlog
OCTOBER 6, 2024
Looking to take your in-house game to higher levels, such as becoming a Deputy GC or General Counsel? In-house success takes effort!
Trial Strategy Today brings together the best content for law professionals from the widest variety of industry thought leaders.
Legally Speaking
OCTOBER 6, 2024
Learn more about the importance of accessible education and diverse representation in the legal sector. Salma Maqsood joined me in this exciting episode to discuss her experiences of entering law. So why should you be listening in?
Insurance Journal
OCTOBER 6, 2024
By William Rabb In recent years, workers’ compensation insurers have struggled to accurately gauge the precise trends in medical costs, and have had to rely on indexes that weren’t quite on-point: The U.S.
E-Discovery LLC
OCTOBER 6, 2024
Shapiro v. Hyperheal Hyperbarics, Inc., __ Md. App. __, 2024 WL 4379976 (Apl. Ct. Md. Oct. 3, 2024), is a lengthy and complex decision. The Court wrote: “By our count, the parties have brought a total of seven lawsuits against each other, although many of the legal arguments throughout these suits are obscured by personal attacks by both parties and stories that are inconsistent even within themselves.
Insurance Journal
OCTOBER 6, 2024
Hippo, a publicly traded property insurance brokerage based in California, said it will expand its new homes insurance program in the disaster-prone states of Florida, Texas and California.
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Complex Discovery
OCTOBER 6, 2024
Editor’s Note: The following report provides a concise analysis of the developments in the Russo-Ukrainian War for October 5-6, 2024. Derived from the Institute for the Study of War’s assessments, this article examines the critical elements influencing the war’s current trajectory, including significant Russian equipment losses, Ukrainian counteroffensives, internal pressures on the Russian military, and ongoing efforts to document Russian war crimes.
Insurance Journal
OCTOBER 6, 2024
By Ezra Amacher Earlier this year CoVerica Insurance rolled out an employee-owned stock program, giving the agency’s staff an opportunity to become part-owners of the organization.
Insurance Journal
OCTOBER 6, 2024
The robots are coming — and in some cases, they’re here. Advancements in generative artificial intelligence are enhancing claims processes in many ways, from improving First Notices of Loss (FNOLs) to analyzing videos and images to assessing damage quickly.
Insurance Journal
OCTOBER 6, 2024
By Ezra Amacher More than a quarter million U.S. properties have repeated claims for federal flood insurance, costing the National Flood Insurance Program billions of dollars in claims, according to new federal data compiled by the National Resources Defense Council.
Insurance Journal
OCTOBER 6, 2024
By Chad Hemenway There’s a certain “something” about Rusty Reid that makes it clear why folks might like to work for him as chief executive and chairman of Higginbotham. He feels like a buddy, a big brother, maybe an uncle.
Insurance Journal
OCTOBER 6, 2024
By William Rabb Finding insurance coverage for trucking firms could be considered a high-stress occupation. With the rise of nuclear lawsuit verdicts and “big-truck attorneys,” escalating premiums, and new state laws and regulations, it’s a lot to think about.
Insurance Journal
OCTOBER 6, 2024
By Allen Laman Instead of becoming a major league umpire, Ed Mackoul chose to help his father build an insurance empire. Ed wasn’t sure how his life would turn out before joining Mackoul & Associates in 1995.
Insurance Journal
OCTOBER 6, 2024
A once-wealthy JPMorgan Chase & Co. client whose portfolio crumbled as he slid into dementia lost a legal battle seeking to recoup his fortune from the bank.
Insurance Journal
OCTOBER 6, 2024
By L.S. Howard Nuclear verdicts in the United States are breaking records with 27 court cases each awarding compensation of more than $100 million during 2023, according to Swiss Re executives. Social inflation in the U.S.
Insurance Journal
OCTOBER 6, 2024
By Allen Laman The first half of 2024 set a 15-year low for insurance carrier mergers and acquisitions, according to Clyde & Co’s latest Mid-Year Growth Report.
Insurance Journal
OCTOBER 6, 2024
AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Texas Farm Bureau Casualty Insurance Company and its affiliates, Farm …
Insurance Journal
OCTOBER 6, 2024
Losses from Hurricane Francine are expected to be manageable for property/casualty insurers, with major population centers sparred from the worst of the storm’s damage. Privately insured loss from Hurricane Francine are estimated to be close to $1.
Insurance Journal
OCTOBER 6, 2024
By Allen Laman As litigation and regulation increase around per- and polyfluoroalkyl substances (PFAS), insurance underwriting is tightening across lines.
Insurance Journal
OCTOBER 6, 2024
When it comes to small business owners and their insurance providers, trust matters. So do personalized relationships.
Insurance Journal
OCTOBER 6, 2024
By Don Jergler Want a simple, yet effective agency management tip for making your employees happy? Treat them like customers.
Insurance Journal
OCTOBER 6, 2024
National Zurich North America, headquartered in Schaumburg, Illinois, promoted Chris Nolan to head of surety in U.S. national accounts. Nolan, who is based in New Jersey, succeeds Bob Murray, who retired in June.
Insurance Journal
OCTOBER 6, 2024
The votes are in for the 2024 Best Independent Insurance Agency to Work For survey by Insurance Journal.
Insurance Journal
OCTOBER 6, 2024
An organization’s ability to provide an exceptional employee experience impacts its success in many ways, from driving profitability and growth to enhancing customer satisfaction.
Insurance Journal
OCTOBER 6, 2024
It is likely that you have read recent headlines sounding the alarm over a potentially uninsurable future.
Insurance Journal
OCTOBER 6, 2024
Multi-Family Commercial Property Program Market Detail: Amalgamated Insurance Underwriters offers a commercial property program for hard to place multi-family habitational/commercial properties.
Insurance Journal
OCTOBER 6, 2024
‘Changing of the Guard’ “Those of us who have watched Berkshire Hathaway for a long time have suspected there may be a changing of the guard in insurance operations.
Insurance Journal
OCTOBER 6, 2024
By David Shepardson The U.S. Transportation Department said it is awarding $1 billion for a series of projects aimed at reducing traffic crashes, as road deaths remain sharply higher than pre-pandemic levels.
Insurance Journal
OCTOBER 6, 2024
A surprising question about recruiting emerged in 2024. Insurance agencies have consistently asked me, “What are you seeing in the market for insurance producers?” The fact that agencies are looking for producers doesn’t shock me.
Insurance Journal
OCTOBER 6, 2024
In today’s competitive insurance environment, successful independent agencies have focused on building their agency’s brand. To that end, agents must focus on working with insurance companies whose service capabilities enhance their clients’ experience and their own.
Insurance Journal
OCTOBER 6, 2024
Deteriorating market conditions and rising loss costs led to a 60 % increase in rating downgrades of AM Best-rated U.S.-based insurers in 2023 compared with two years earlier, according to a new report.
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